Clinical Computing PLC
29 June 2007
CLINICAL COMPUTING PLC
AGM Statement
Clinical Computing Plc (the 'Company' or 'Group'), the international developer
of clinical information systems for the healthcare market, held its Annual
General Meeting earlier today at which all resolutions were passed.
The Chairman made the following statement at the AGM:
'Since the Company began its restructuring plan in the first half of 2005 the
Group has reported steady progress with its operations and improving financial
performance with losses decreasing steadily over each of the subsequent
reporting periods. The following trading areas were noted by Howard Kitchner,
Chairman:
• The Company is expecting to report comparative period on period
improvements to top line revenues for the six month period to 30 June 2007. This
is in spite of the significant weakening of the US dollar, over the comparative
periods.
• During the first half of 2007 the Company has seen its US and
Australian operations generating cash. At the present time the Company continues
to fund its UK operations with debt.
• Since the announcement of our 2006 final results on 27 April 2007, the
Group has won a contract in the US to support the renal service department of a
hospital with CLINIICAL VISION. Additionally, two customers have completed the
implementation of CLINCIAL VISION.
• The Group is now working through eight active CLINICAL VISION
implementations, with a future revenue opportunity of over £1,000,000.
• With respect to the UK market, the Company continues to build
partnerships and work with our UK customer base on an upgrade programme from
PROTON to CLINICAL VISION.
With these trading conditions in mind the Board remains confident about the
Group's prospects and continues to view the future with optimism.'
ENDS
Contacts:
Clinical Computing plc http://www.ccl.com
Joe Marlovits, Chief Executive 020 8747 8744
Parkgreen Communications Ltd 020 7479 7933
Paul McManus 07980 541 893
paul.mcmanus@parkgreenmedia.com
This information is provided by RNS
The company news service from the London Stock Exchange
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