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RNS Number : 1466Y

Maxima Holdings PLC

17 December 2010

17 December 2010

Maxima Holdings plc

Half Year Trading Update - Notice of Results

Maxima Holdings plc ("Maxima" or "the Company"), the IT business systems and managed services company, today announces a trading update for the half year ended 30 November 2010 and its notice of results.

Trading update

The Company made encouraging progress during the first half of the year with strong double digit revenue growth in most of our identified areas of focus and competence, including Microsoft Applications, Citrix Virtualisation, Web Connectivity and Infrastructure Management.

Maxima has leveraged its strength in Business Solutions and IT Infrastructure Services to win multiple new orders , from both existing and new customers, for the supply of the Maxima private Cloud facilities driving demand for our new Cloud enablement services.

As we focus our investment in services and products with better growth prospects, these positive developments have been offset by revenue declines in areas where we have chosen to scale back our presence.

Overall, trading remains in line with current market expectations for the financial year as a whole.

Notice of results

Maxima will announce its half yearly report for the six months ended 30th November 2010 on 2nd February 2011. A further update on current trading will be provided at that time.

Maxima CEO, Graham Kingsmill, said:

"We are pleased with our progress highlighted by the significant orders and enquiries from customers in the areas of business where we have strength and have invested most heavily. Maxima is evolving successfully to deliver growth from the next generation of products and services such as Cloud Enablement by using its depth of skills and delivery capability backed by strong relationships with key technology partners."

Maxima Holdings plc Graham Kingsmill David Memory Chief Executive Officer Chief Financial Officer Tel: +44 (0)1242 211 211 Tel: +44 (0)1242 211 211 Cenkos (Nominated advisor to the Company) Stephen Keys Tel: +44 (0)20 7397 8900 MHP (PR) Reg Hoare/ James White / Vicky Watkins Tel: +44 (0)20 3128 8100 About Maxima:

Maxima (AIM:MXM) is a leading IT business systems and managed services company, providing Business Solutions and Support Enablement Services to over 1,400 organisations across the UK, Ireland and the USA. The company's core service offerings include virtualisation, network infrastructure and communications, business intelligence and comprehensive Microsoft Dynamics AX/CRM solutions for key sectors including construction, manufacturing and services. For more information about Maxima, please visit www.maxima.co.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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