Trading Statement

Velti PLC
03 July 2006


FOR IMMEDIATE RELEASE                                       MONDAY, 3 July 2006



                                    VELTI PLC

                  Strong performance in the first half of 2006

ATHENS - Velti plc ('Velti'), a provider of software platforms, applications and
services for mobile network operators, media and retail brands in Greece and the
Balkan region, is expected to announce a positive trading performance for the
six months ended 30 June 2006.

The company, which floated on AIM in May 2006, has delivered a financial
performance for the period at the top end of the Board's expectations with
revenue growth of almost 110 per cent to circa €3.9 million from the
corresponding period in 2005 and improved profit margins.

During the period, Velti experienced strong demand for its products and services
from both telecom and non-telecom companies, as well as expanding its client
base and securing a consistent flow of repeat business.

In Greece, Velti will start delivering value-added services to Q-Telecom in
July, as part of an exclusive contract won earlier in the year and which the
Board expects will add significant revenues in the second half of the year. The
expansion of the relationship with Vodafone has continued with new projects
including the next generation of VOSS (Vodafone On-line Sales and Services)
system. New agreements were signed with TIM Greece for ring-back tones and
mobile services business intelligence.

Velti has entered into a partnership agreement with the BBDO group, providing
mobile campaign services to its Greek clients. Moreover under a new 'framework'
contract with Metro, the free daily newspaper in Greece, Velti has launched a
series of marketing campaigns and competitions. The partnership with the Liberis
Media Group, which publishes magazines such as Hello!, Vogue, Lucky and Men's
Health, has expanded and the company has entered into a new partnership with
media group, Attica Publications, which publishes titles such as Playstation2
and PC Magazine.

Management has made further progress with its stated strategy of expansion in
the Balkan region as well continuing to move towards a full application service
provider model. The value-added services contract in Armenia with Armentel is
progressing well, with SMS competitions focused on the World Cup beating initial
estimates and yielding up to 50,000 messages per day. In a joint bid with Sun
Microsystems, Velti was selected by Bosnia's BH Telecom Group to provide
identity management, instant messaging and value-added services integration with
SMS-C and billing.


Alexandros Moukas, Chief Executive of Velti, commented: 'We are very pleased by
our financial performance for the first half of 2006. It demonstrates that there
is strong demand for our products and services in the Balkan region and gives us
confidence in our market position and strategy for future growth. We expect the
performance for the second half to be stronger than the first and we are
confident that the company will meet market's expectations for the full year.'

The announcement of interim results is expected to be made in mid-September
2006.

ENDS

CONTACTS

Bankside:                                                        020-7367-8888
Simon Bloomfield or Steve Liebmann




                      This information is provided by RNS
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