SCISYS – 70.5p

21 January 2013 – trading update

The company has released a trading update relating to the year ended 31 December 2012 with trading in line with expectations.  Although the company remains confident that further progress will be delivered in the current year it is realistic about prospects for organic growth and will look  for suitable acquisitions.  We believe that the shares look inexpensive and maintain our recent BUY recommendation ahead of results, due out on 21 March.

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