28th Mar 2007 07:01
Amino Technologies PLC28 March 2007 FOR IMMEDIATE RELEASE 28 March 2007 AMINO TECHNOLOGIES PLC ANNUAL GENERAL MEETING: TRADING UPDATE Amino Technologies plc ("Amino"; stock code: AMO), the Cambridge based broadbandnetwork software and systems group, is holding its Annual General Meeting today.The Chairman, Keith Todd will give the following brief update on trading: "The Board is pleased to report that in the year to date, Amino has continued todevelop its markets and partnerships around the world. In this context, it isencouraging that ABI Research, a leading market analyst, has ranked Amino as theglobal leading vendor of IPTV set-top boxes in 2006 for the second consecutiveyear. "While the pay-TV marketplace prepares for HD (high definition) TV services,Amino is making good progress with trials of its MPEG-4 HD products in NorthAmerica. The company remains on track to commence volume deliveries of itsMPEG-4 HD set-top boxes during the course of the second half of the currentyear. Shareholders may also be interested to note that Currys, the UK consumerelectricals retailer with 547 stores which form part of DSG International plc,is using Amino set-top boxes to demonstrate the capabilities of HD TV. Amino'sHD set-top boxes will be used throughout their new stores that are being openedin 2007. This system is being rolled out by Tripleplay Services Ltd. "While a more detailed update on the first half will be issued after the end ofthe period to 31 May 2007, the Board remains confident that the company is ontrack to meet market expectations for the year as a whole." Ends About Amino Amino Technologies plc (www.aminocom.com) designs and supplies electronicsystems, software and consultancy for IPTV (telco triple-play applications),on-demand video and in-home multimedia distribution. Amino is partnered with world-leading companies in systems integration, middleware, conditional access, silicon, head-end systems and browser technologies. CONTACTS Amino Technologies: 01954-234100Keith Todd, Chairman www.aminocom.comBob Giddy, Chief ExecutiveStuart Darling, Finance Director Bankside: 020-7367-8888Steve Liebmann or Simon Bloomfield KBC Peel Hunt Ltd. 020-7418-8900Julian Blunt This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AMO.L