ABAL Abal Group Plc

RNS Number:1093T
Imaginatik PLC
16 March 2007


16 March 2007

                                 Imaginatik plc
                        ("Imaginatik" or the "Company")


                                 Trading Update



Imaginatik plc (AIM:IMTK), a leading provider of business innovation and
technology based systems for innovation and idea management, announces today
that it expects turnover for the year ended 31 March 2007 to be approximately
#2.5m.  This compares to #1.4m in 2006, an increase of nearly 80%


There remains some uncertainty over the timing on the signatures of various
contracts and this volatility in the timing of contract signature may impact the
level of the loss for the year.


Mark Turrell, Chief Executive of Imaginatik commented " We are pleased with the
growth we have seen in the last year, the Company sales pipeline remains very
strong and we anticipate a number of significant contract awards in the first
quarter of the next financial year".



Further enquiries


Imaginatik plc                                   Tel: 020 7917 2975

Mark Turrell, CEO / Shawn Taylor, CFO



ICIS                                             Tel: 020 7651 8688

Tom Moriarty / Caroline Evans-Jones



About Imaginatik


Imaginatik is a leading provider of innovation infrastructure to some of the
world's leading companies. More than 110 clients rely on Imaginatik's software,
consulting and research to enable their best-of-breed Innovation activities.


Imaginatik's software and consulting services have helped clients discover
significant sources of additional revenue, as well as tangible cost savings,
process improvements and increased product pipeline. Imaginatik is also
committed to developing strategic solutions in the field of innovation, working
with academic institutions such as the London Business School and the Cass
School of Business, London, as well as leading practitioners of corporate
innovation.


Imaginatik was admitted to trading on AIM on 15 December 2006, raising #1.5m net
of expenses.


For further information please visit www.imaginatik.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

TSTUNSARBOROAAR

Abal (LSE:ABAL)
Historical Stock Chart
From Jun 2024 to Jul 2024

Abal (LSE:ABAL)
Historical Stock Chart
From Jul 2023 to Jul 2024