AGM Statement
28 Avril 2010 - 8:00AM
UK Regulatory
TIDMTPH
RNS Number : 9098K
Telephonetics PLC
28 April 2010
Telephonetics plc
Annual General Meeting Trading Update
Michael Neville, Chairman of Telephonetics PLC ("Telephonetics"), a leading
speech recognition and voice automation specialist will make the following
statement at its AGM later today:
Telephonetics has made a good start in 2010 and trading for the first four
months of the financial calendar has been in line with expectations with the
rate of new customer acquisitions and sales orders being greater than in the
corresponding period last year.
We are a trusted supplier in the growing health and public sector markets and
this has helped the company to continue making good progress. In the period we
have had a number of high profile tender wins in the public sector market
including South Staffordshire Council, South Ayrshire Council and Haringey NHS
Trust.
In the current climate where there is close scrutiny of public sector budgets,
our core customers, being NHS Trusts, councils, higher education institutions
and police forces, have increasingly recognised that our packaged speech
recognition and voice automation applications offer excellent value for money
solutions.
In March 2010, we agreed an extension of a multi-million pound contract with
Odeon-UCI Cinemas for provision of the MovieLine automatic speech recognition
film information and ticket booking service to all of Odeon's 105 UK cinema
sites as well as its UCI sites in Ireland. This agreement was particularly
noteworthy as it means that we will provide our flagship service until 2015,
well beyond the previous expiry date of spring 2012.
This morning, we were pleased to announce that we have also won a new multi-year
contract with Ireland's largest cinema operator, Omniplex Cinemas.
Given the Group's healthy trading position combined with the fact that it is
largely debt free with significant cash funds means we look to the future with
confidence.
- Ends -
For further information please contact:
+-------------------------------+-------------------------------+
| Telephonetics | |
+-------------------------------+-------------------------------+
| James Ormondroyd (Finance | +44 (0) 1442 242242 |
| Director) | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| Maitland | +44 (0) 207 379 5151 |
+-------------------------------+-------------------------------+
| Neil Bennett | |
+-------------------------------+-------------------------------+
| George Hudson | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| Brewin Dolphin Investment | +44 (0) 113 241 0130 |
| Banking | |
+-------------------------------+-------------------------------+
| Nominated Adviser & Broker | |
+-------------------------------+-------------------------------+
| Neil Baldwin | |
+-------------------------------+-------------------------------+
| Sean Wyndham-Quin | |
+-------------------------------+-------------------------------+
Notes to editors
Telephonetics
Telephonetics offers a broad range of speech solutions, from voice diallers that
automate the operator function and deliver hands-free mobility, to MovieLine , a
self-service solution for the cinema industry. Telephonetics has consistently
demonstrated its ability to deploy market tailored speech solutions into very
demanding environments, delivering real business benefit to customers.
Telephonetics is a leading provider of hosted and customer premises speech
recognition and voice automation solutions. Its solutions for self-service, call
steering, mobility, outbound messaging and business continuity deliver all the
potential that speech has to offer. Telephonetics VIP - making sound business
sense for public and corporate sector clients including Global 1000 customers
for over 13 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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