Interim Trading Update (4702J)

TIDMSNS

RNS Number : 4702J

Silanis International Limited

01 July 2011

 
 RNS Release   1 July 2011

Silanis International Limited (the "Company") and its sole investment,

Silanis Technology Inc. ("Silanis")

Interim Trading Update

The Company (AIM: SNS) is pleased to provide an interim trading update on Silanis. The Company's sole investment is a 24.98% interest in the outstanding shares of Silanis, from which the value of the Company is derived. The Company expects to announce H1 2011 results for both companies by the end of August 2011.

As previously reported in the final 2010 results published 30 March 2011, Silanis saw a return to revenue growth and profitability in H2 2010. This trend has continued and accelerated in 2011 as demonstrated by the contract wins announced thus far this year. As such the turnover for Silanis in H1 2011 is expected to be greater than twice that achieved in the comparative period of 2010.

For further details, please contact:

 
 Silanis International Limited   Tel: +1 514 337 
  Tommy Petrogiannis, C.E.O.      5255 
  www.sil-intl.co.uk 
 Canaccord Genuity Limited       Tel: +44 (0) 20 
  Mark Williams                   7050 6500

This information is provided by RNS

The company news service from the London Stock Exchange

END

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