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Fidelity Systems PLC (FID)

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Tuesday 29 November, 2011

Fidelity Systems PLC

Trading Statement


FIDELITY SYSTEMS PLC

                    TRADING STATEMENT - November 29th 2011                     

Despite the current financial doom and gloom I am pleased to be able to report
that Fidelity is continuing to make good progress and still remains extremely
busy with orders for the many vertical markets we supply.

Over the summer period we either installed new systems or upgraded existing
ones at fifteen Universities in the UK and Republic of Ireland. The equipment
supplied was for a mix of both retail and hospitality outlets within the
campuses. One of the key strengths of Fidelity's campus solution is that it is
equally at home in a bar or night club with a few hundred products through to
the largest retail operations with tens of thousands of products. In total we
now supply and continue to support around eighty five Universities and
colleges.

An interesting new project and partnership has been the development of an
ordering gateway between the Student Union's retail outlets and the CO-OP. This
development has been funded by NUSSL, the National Union of Students buying
group. The gateway enables the Unions to order replacement stock directly from
the CO-OP without the associated telephone calls and paper trail. The gateway
is being hosted by Fidelity on a dedicated server and we have a dozen or more
confirmed orders for this new system.

A second project and partnership has been the integration between Fidelity's
Point of Sale software, G-PoS and Squid, the smartcard based epayment platform.
The Squid card is currently being rolled out into many UK cities including
Aberdeen, Dundee and Bolton. Squidcards are smart cards that hold eMoney and
the Squid network uses the internet, smart cards and digital stored value
systems to transfer the funds. The link has already opened new doors for
Fidelity and I look forward to be able to report further news on this exciting
partnership in the new year.

Staff levels have remained roughly similar to the previous year and I will
continue to keep a close eye on our overheads.

As in previous years, subject to satisfactory performance, we intend paying an
interim dividend in 2012.

Paul Lowsley

Chairman

The Directors of Fidelity accept responsibility for this announcement

ABOUT FIDELITY

The Company was floated on OFEX in February 2000

Fidelity Systems plc, through its trading company Fidelity CRM Ltd is a specialist 
software and hardware supplier to the education, retail and hospitality market.

The majority of products are sold either directly or through distribution
channel's both here in the UK and internationally.

For further information, please contact:

Paul Lowsley Chairman, Fidelity Systems plc

Tel: 01482 585343 email: [email protected]

Fergus Logan Technical Director, Fidelity Systems plc

Tel: 01482 585343 email: [email protected]

www.fidelitysystems.co.uk

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