30 January 2012 – interim management statement

The identity management specialist has confirmed that the positive momentum of the group continued into the third quarter, with revenues increasing by 20% to £21.2m in the nine months to 31 December compared with the same period in 2010.  Operating profit for the period doubled to £2.4m helped by a significant improvement in margins.  The three acquisitions made between June and November last year are all integrating well and a positive statement on future trading bodes well.  The shares remain a LONG  TERM BUY.