13th Feb 2008 07:00
Zamano PLC13 February 2008 zamano plc Trading Update zamano Plc, ('zamano' or 'the Group') (AIM:ZMNO, IEX: ZAZ), a leading providerof digital entertainment to mobile devices, today issues the following tradingupdate for the year ended 31st December 2007 The Group is pleased to announce that it expects EBITDA for the year ended 31December 2007 to be at least €3.4m which is at the top end of analystexpectations. This reflects a doubling of zamano's annual revenue in 2007,while delivering substantial EBITDA growth zamano completed the transformational acquisition of Red Circle Technologies inDecember 2007 and the integration is proceeding well. This transactionfollowed the successful acquisition of Eirborne in April 2007 which is now fullyintegrated and driving growth in the online business. These two acquisitions are in line with the Group's strategy of balancing strongorganic growth with strategic acquisitions, maintaining a hybrid B2B:B2Cbusiness model and continuing to invest in technology. Trading in 2008 is in line with expectations and the Group is looking forward toanother year of high margin revenue growth. zamano expects to publish finalresults for 2007 on April 8th and will provide a further update on H1 2008 trading at that point. Contacts: zamanoJohn O'Shea (Managing Director) +353 1 488 5830Colm Saunders (Finance Director) +353 1 511 1224 www.zamano.com NCB Corporate FinanceConor McCarthy +353 1 611 5100 www.ncb.ie Seymour PierceDavid Newton +44 207 107 8000 www.seymourpierce.com EdelmanRebecca Penney (London) +44 207 344 1577Mark Cahalane/ Joe Carmody (Dublin) +353 1 678 9333 www.edelman.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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