Trading Update
February 27 2007 - 1:02AM
UK Regulatory
RNS Number:8998R
INVU, Inc.
27 February 2007
27 February 2007
Invu, Inc.
("Invu" or "the Company")
Trading Update
Invu, Inc. announces that, following the end of its financial year on 31 January
2007, it expects to report full year results which are in line with market
expectations.
Commenting on trading, David Morgan, Chief Executive, made the following
statement:
"We are delighted with the progress made in the second half of the year. We
have continued to build on the number of customer sites and the quality of our
reseller base. In the second half of the year we added 651 new customers,
deployed 9867 seats of software and added 20 new resellers. The Company has
also recorded 195 repeat sales to existing sites."
The Company will release its full year results on 17 April 2007.
-Ends-
For further information:
Invu Inc 01604 859 893
David Morgan
Financial Dynamics 020 7831 3113
Juliet Clarke / Hannah Sloane / Matt Dixon
About Invu
Invu (LSE, AIM, Symbol; NVUK) develops, markets and sells software (under the
brand name of Invu) for the electronic management of all types of information
and documents, such as forms, correspondence, literature, faxes, e-mail,
technical drawings, electronic files and web pages. Invu targets the
small-to-medium size enterprise ("SME") market, and individual departments of
larger organisations with a range of products which the Directors believe
strongly adhere to Invu's brand values of ease of use, high quality and price
performance. Founded in 1997 and based in Northampton, Invu has 54 employees
and operates in the UK, Ireland, The Netherlands, South East Asia and Australia.
It raised over #3.5 million following its flotation on the AIM stock market in
January 2004. Invu's products have been sold to nearly 3,000 customers,
representing approximately 54,500 licensed users. Invu has a proven reseller
business model and has established a network of more than 130 Value Added
Resellers, 10 of which are in Benelux.
Invu is a Microsoft Gold Certified Partner and a member of the Business
Application Software Developers Association (BASDA). Its version 5.4 and Series
6 software have been accredited by the Institute of Chartered Accountants in
England & Wales (ICAEW). In January 2006 Invu became the first EDM ISV to join
SAP's portfolio and is certified for integration with SAP Business One. In
September 2006, the Invu Series 6 product was selected by Sage to be marketed by
them into the Professional Adviser market in the UK.
For more information on Invu see http://www.invu.net
This information is provided by RNS
The company news service from the London Stock Exchange
END
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