23 May 2013 – AGM statement
At today’s AGM the company will reveal that trading in the current year has so far been slow with both order intake and sales revenue being lower than expected. However, the sales and marketing activities have developed a good pipeline and this is expected to bring increases in revenue as the year continues. This will be helped by the recent acquisition of Feedback Data which was announced a few days ago. Although a little disappointing, the share price remains relatively low and for long term investors we think the shares remain a BUY.