30th Mar 2006 10:00
Screen Technology Group plc30 March 2006 For Immediate Release 30 March 2006 Screen Technology Group plc ("Screen Technology" or "the Company") Trading update The Company will announce preliminary results for the year ended 31 December 2005 on 20 April 2006. The Company notes the recent share price movement and would like to confirm that trading has remained in line with current market expectations following the trading update given in November 2005 and that the Company's cash position remains strong. Screen Technology continues to see strong demand from the display industry forITrans and, in the last month alone, the Company has received firm orders inexcess of £0.5 million to commence shipment in the second half of the year. In order to meet demand and in line with the Company's stated strategy Screen Technology has recently moved into 20,000 sq ft of space in Cambridge and continues the significant development of its production resources. A second low-volume production machine was recently delivered while the first high-speed production machine is on schedule for mid 2006 and a further higher-speed machine has been ordered for delivery in October 2006. The Company looks forward to updating shareholders fully on its progress inApril. For further information please contact: Screen Technology Group plc www.screentechnology.com Tony Kellett, CEO 01223 559600Simon Barton, Finance Director Buchanan Communications 020 74665000Isabel Podda Notes to Editors Screen Technology is the designer and manufacturer of revolutionaryhigh-resolution large-screen displays designed for high ambient lightenvironments. The high resolution and high definition of the Company's displays give ahigh-quality image suitable for advertising images and video as well as publicinformation displays. They are visible at short viewing distances as well asacross larger venues making them particularly suitable for large retail outlets,shopping malls, control rooms and transport concourses where customers might bewithin 10m of the display, a distance at which LED display technologies becomeunsuitable. The high brightness means that the displays are also easily visiblein the kind of high ambient light environments where conventional LCD or plasmatechnologies become unusable. Screen Technology's patent protected technology uses moulded optical fibre tilesto produce seamless large displays using standard production LCD panels. Thescaleable modular technology enables screen to be built in a wide variety ofshapes and of theoretically unlimited size. Screen Technology Group plc listed on AIM, a market operated by the London StockExchange, on 1 August 2005. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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