Strong First Half Trading Expected

 

TIDMIEN 
 
RNS Number : 6379T 
Intelligent Environments Group PLC 
10 June 2009 
 

 
 
 
 
IEN.L 
 
 
AGM Statement 
 
 
Strong First Half Trading Expected 
 
 
 
 
Intelligent Environments Group plc (AIM Ticker: IEN), the online software 
provider for financial services, is holding its Annual General Meeting today at 
which the Chairman, Clive Richards, will make the following statement:- 
 
 
"In our annual results announcement for 2008, I stated that we entered 2009 
positively as a result of our market leading V4 product offering and the buoyant 
market conditions in retail savings. I am pleased to report that trading in the 
current year to date has been robust with the financial services sector 
increasingly using the Internet as a medium to secure new clients and service 
both these and existing accounts. 
 
 
As a result, we have experienced strong demand from new and existing customers 
to launch platforms to attract and retain retail deposits online. I am delighted 
that Stroud and Swindon Building Society have chosen us for such a project. This 
takes to 3 the number of customers using our NetFinance4 savings platform. 
 
 
The other key market that is experiencing strong growth is consumer finance, 
where financial institutions are accelerating the move away from paper based 
statements to online account servicing and E-statements. Due to this increasing 
trend, a number of our existing customers have placed significant orders to 
expand their market offering and I am delighted that a major store card provider 
has chosen our NetFinance4 cards platform for their move into Internet self 
servicing. 
 
 
Our strategy to develop a long term recurring revenue base has been very 
successful to date with customers increasingly signing up to a transactional 
based revenue model and this gives me confidence that 2009 will be another year 
of sustainable progress." 
 
 
 
 
 
 
For further information: 
 
 
+-----------------------------------------------+------------------------------+ 
| Intelligent Environments Group plc            | Tel: [phone]           | 
| Phillip Blundell, Chief Executive             |                              | 
| www.ie.com                                    |                              | 
+-----------------------------------------------+------------------------------+ 
|                                               | Tel: [phone]           | 
| FinnCap                                       |                              | 
| Charles Cunningham, NOMAD and Broker          |                              | 
+-----------------------------------------------+------------------------------+ 
| Biddicks                                      | Tel: [phone]           | 
| Shane Dolan                                   |                              | 
+-----------------------------------------------+------------------------------+ 
 
 
 
 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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