TIDMNETD
RNS Number : 5914V
NetDimensions (Holdings) Limited
14 July 2009
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NetDimensions (Holdings) Limited
("NetDimensions" or "the Company")
Pre-Close Trading Update
NetDimensions (AIM: NETD), a provider of performance, knowledge and learning
management systems, provides the following update on trading for the six month
period to 30 June 2009.
The Company has performed well through the first half of the year in a difficult
trading environment, and trading continues to be in line with market
expectations.
NetDimensions has continued to maintain a strong cash position, with cash
balances on 30 June 2009 of approximately US$6.8 million, held in a mix of US
Dollars, Sterling and Euros (31 December 2008: US$5.3 million). At 30 June 2009
currency rates this equates to 16.5p in cash per share (31 December 2008:14.7p
in cash per share).
The Board is confident that the Company's financial strength, market-leading
technology and diversified client base provide an excellent foundation for
continued growth.
NetDimensions will announce half year results on 15 September 2009.
Enquiries:
+-----------------------------+--------------------+--------------------------------------+
| NetDimensions | Jay Shaw | +852 2122 4500 |
| | Jeffery Cheung | investor-relations@netdimensions.com |
| | Robert Torio | |
| | | |
+-----------------------------+--------------------+--------------------------------------+
| Arden Partners | Fred Walsh | +44 (0) 20 7398 1651 |
| (Nomad & Broker) | Matthew Armitt | fred.walsh@arden-partners.com |
| | | matthew.armitt@arden-partners.com |
| | | |
+-----------------------------+--------------------+--------------------------------------+
| Walbrook PR | Paul McManus | +44 20 7933 8787 |
| (Financial PR) | Ben Knowles | +44 7980 541 893 |
| | | paul.mcmanus@walbrookpr.com |
| | | ben.knowles@walbrookpr.com |
+-----------------------------+--------------------+--------------------------------------+
About NetDimensions
Established in 1999 and listed on the London Stock Exchange AIM (NETD),
NetDimensions is a global provider of performance, knowledge and learning
management systems. The company's key products include the Enterprise Knowledge
Platform (EKP), the Enterprise Assessment Platform (EAP) and the Enterprise
Content Platform (ECP).
NetDimensions products and services help companies deliver and manage corporate
training, career development, assessment and certification programs, and help
clients around the world address growing regulatory compliance needs.
Recognized as one of the top-rated learning technology suppliers in overall
customer satisfaction, NetDimensions has been chosen by multinational
organizations worldwide including HSBC, ING and Cathay Pacific.
Enterprise Knowledge Platform and EKP are trademarks of NetDimensions Ltd.
This information is provided by RNS
The company news service from the London Stock Exchange
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