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DTK Dmatek Ld

210.00
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dmatek Ld LSE:DTK London Ordinary Share IL0010830052 ORD ILS0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 210.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading Update: Sales Up 60%

15/01/2008 7:06am

UK Regulatory


RNS Number:7720L
Dmatek Ld
15 January 2008

                                   Dmatek Ltd
                                 Trading Update



                2007 best year ever: Revenues increase over 60%,
             acquired business integration brings expected results


Dmatek Ltd. (LSE: DTK.L), ("Dmatek" or the "Company"), the provider of leading
electronic monitoring technologies, today issues an update on trading for the
year ended 31 December 2007.


Trading in the second half of the year continued at an accelerated pace,
bringing the total revenues for the year to more than $44 million, compared with
$26.8 million last year and $20 million for H1 2007.


Revenue growth was driven by the successful acquisition of Pro Tech Monitoring,
Inc., now an integral part of Dmatek's US law enforcement business, as well as
organic expansion of existing accounts in Europe and elsewhere. Significant
growth was also recorded in HomeFree sales into the eldercare market.


Dmatek's CEO, Yoav Reisman said:  "2007 was a year of solid achievements for
Dmatek.  The substantial revenue increase and considerably increased lease based
business enable the Company to begin 2008 with its strongest ever build-up of
sales pipeline and enhanced visibility.

"Pro Tech's integration into Dmatek's business is progressing to plan with
considerable benefits in the business and technology areas already visible."



Dmatek will announce its results for the twelve months ended 31 December 2007 on
4 March 2008.

Media & Investor Enquiries:



Dmatek Ltd.
Idit Mor  mobile: 07834 126 742
idit@dmatek.com



Notes to Editors:



About Dmatek: Dmatek (LSE:DTK.L) is a leading provider of electronic monitoring
technologies, specialising in human-related applications.  Dmatek's
technological platform is based on a unique system architecture and operating
methodology, which can be implemented in many different commercial sectors.
Current applications of the company's core technology are marketed by Dmatek's
wholly owned subsidiaries, Elmo-Tech Ltd., which addresses the global law
enforcement field and HomeFree Systems, which operates in the emerging patient
and elderly market and currently focuses on Dementia patients. Dmatek's systems
are used by private operators and government agencies in over 25 countries
worldwide.  www.dmatek.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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