30th Mar 2006 08:16
Z Group PLC30 March 2006 30 March 2006 Z GROUP PLC ("Z GROUP" or the "Company") Pre-Close Trading Statement Z GROUP, the marketing-led technology services company, is pleased to make itsfirst pre-close trading statement since its IPO and admission to trading on AIMin June last year. It has been another year of rapid growth and development for Z GROUP. At thetime of the IPO, the Company had developed and launched two Internet softwareservices in ONSPEED and Net2Roam and has since launched ONBIDDER, ONSPEEDVersion 5.0 and ONSPEED Mobile. Since then, distribution agreements have beensigned in respect of some or all of these with a number of major retailersincluding ASDA, HMV, PC World, Tesco and WH Smith, as well as with the InternetService Providers Pipex and Wanadoo Trading for the year to 28 February 2006 has been in line with the board'sexpectations. We expect to announce preliminary results on 31 May 2006. The most recent new service to launch was that of ONSPEED Mobile, whichaddresses the huge potential worldwide market for all Java enabled mobilephones. Z GROUP will very shortly conduct a full launch programme for itslatest release, OnShare, a file sharing software service. The board expects tomake an announcement on this new offering within the next few days. Jamie True, Joint CEO of Z GROUP, commented: "Following Z GROUP's success inbringing leading-edge products to market, both in the UK and abroad, we continueto anticipate significant growth from our expanded portfolio. Not only have weexperienced a high level of customer retention for our existing products butthis year we have invested heavily in developing new products, which will standus in good stead for future growth. A number of additional products are alreadyin the pipeline and we look forward to further launches from Z GROUP in thefuture." Enquiries: Z GROUP PLCJack Bekhor/Jamie True, Joint Chief Executive Officers 08700 111 173Saskia Hopmann, Public Relations 020 7952 4026Holborn PRDavid Bick/Mike Feltham 020 7929 5599Panmure Gordon & CoAubrey Powell/Stuart Gledhill 020 7459 3600 About Z GROUP Founded in 2002, Z GROUP is a successful, publicly listed London-basedtechnology company which acquires, licences and develops technologies andprofitably commercialises them through proven branded marketing techniques. Z GROUP offers cutting-edge, easy to use and affordable software to over half amillion customers to date, across four software businesses: • ONSPEED Mobile: unique mobile phone acceleration and mobile screenreformatting software, which speeds up slow mobile Internet connections andresizes web pages, helping users control associated costs • ONSPEED Version 5: the fastest Internet acceleration software on themarket, which instantly enables any PC, Mac and Pocket PC user to browse andemail at near Broadband speeds by using compression technology covered by ninepatents • Net2Roam and NetAway: services that allow individuals and SMEs toobtain local dial-up access numbers worldwide at rates below normalinternational rates • Onbidder: a software service that works with eBay online auctions,making a user's bid at the last second - giving the user the best chance tosecure the winning bid at the lowest possible price. For more information on the group, visit www.zgroupplc.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
1Spatial Holdings