6 June 2011
AIM: ALT
Altitude Group plc
("Altitude" or the "Group")
Update on Technologo acquisition and related matters
Further to the announcement made on 3 May 2011, all matters have now been settled to the satisfaction of all parties, which have each agreed to bear their own costs.
Contact:
Altitude Group plc
Colin Cooke (Chairman) Tel: + 44 (0) 870 224 6677
Martin Varley (Chief Executive) UK Tel: + 44 (0) 7912 599 012
US Tel: +1 305 639 0252
Merchant Securities Limited
Lindsay Mair/Simon Clements Tel: 020 7628 2200
Notes:
Altitude Group plc has two distinct but related businesses. The Promotional Marketing division is one of the UK's leading suppliers and distributors of promotional merchandise to corporate and trade customers
The Information and Technology division (Trade Only) provides a range of Cloud-based Ecommerce, Enterprise Resource Planning, Customer Relationship Management and web-based solutions to both suppliers and distributors operating in the promotional merchandise industry. Trade Only also provides information services to the industry including product data flow between suppliers and independent distributors, and the UK's largest trade show for promotional merchandise industry.