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Share Name | Share Symbol | Market | Type |
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Atlantia | BIT:ATL | Italy | Ordinary Share |
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RNS Number:5704K Atlantic Global PLC 30 April 2003 For Release 12:15pm 30 April 2003 CHAIRMAN'S AGM STATEMENT Solid start to the year; new products released; major new product in the pipeline At today's Annual General Meeting of Atlantic Global Plc ("Atlantic Global" or "the Company"), the West Yorkshire based specialist developer of business management software applications for sale to a broad range of customers, all resolutions put to shareholders were duly passed. Before the formal business of the meeting, Chairman Michael Langmore made the following statement to shareholders regarding current trading and the future outlook for the Company: "The Board can confirm the statement issued with the release of our preliminary results on 27 March 2003 that the Company has continued to enjoy success in attracting new customers for our software products, including Telewest and Aspect Communications UK Ltd. This is in addition to ongoing roll-outs on behalf of our existing client base including Norwich Union. Trading therefore has continued in line with expectations, and whilst it is still too early to predict the overall outcome for the Group for 2003, the Directors are pleased with the current level of sales interest, which continues to increase. Demand for Atlantic Global's software has remained strong across all target market sectors including financial and consulting, pharmaceuticals, computer and telecoms and local government. As usual, the vast majority of existing customers have renewed their support service contracts for 2003, with our more established customers now agreeing to "Adeo" three year contracts, having upgraded to our newly extended product suite." "We are delighted by the levels of customer satisfaction in the "Adeo" range and the Company's newly designed and improved web site has made a strong start. These initiatives demonstrate that the increased investment made over the last few months in the research and development of new products and in sales and marketing has given us the opportunity to make further improved product offerings to both existing and new customers. In addition we are maintaining our forward momentum and expect to announce the release of a major new software product in July 2003 for which initial customer interest has been excellent, this product will enable executive teams to have complete control over business budgets, resources and milestone deliverables." "The growth potential of Atlantic Global remains substantial with our software being increasingly capable of delivering considerable benefit to most types of organisation. We believe we are extremely well positioned to achieve significant growth in the future." -ends- Web site: www.atlantic-global.net e-mail:info@atlantic-global.co.uk Enquiries: Eugene Blaine, Managing Director Rupert Hutton, Finance Director Atlantic Global Plc 01274 863300 Paul Vann Binns & Co. PR Ltd 020 7786 9600 (E-mail: paul.vann@binnspr.co.uk) Mobile: 07768 807631 This information is provided by RNS The company news service from the London Stock Exchange END AGMNKKKBNBKDDQN
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