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Trading Update

24th Jan 2011 07:00

RNS Number : 9261Z
InternetQ plc
24 January 2011
 



For immediate release

24 January 2011

INTERNETQ plc

 

Trading update

 

 

Delivering a strong performance in 2010

 

London - Monday 24 January 2011 - InternetQ plc ("InternetQ" or the "Company"), one of the leading providers of mobile marketing and digital entertainment solutions for mobile network operators and brands, today announces the following trading update.

 

The Board are pleased to report that InternetQ has delivered a strong trading performance for the year ended 31 December 2010 and expect that revenue and profits will be in line with analyst expectations.

 

The Board is confident that the Company is well positioned to meet the performance expectations for 2011. So far in the year:

 

- The Company is executing two major mobile marketing projects in Poland involving Orange and Totalizator Sportowy and it has extended its cooperation with Azercell, Azerbaijan's biggest operator. It has also agreed with the Rotana Media Group to run two cross-country, multi-lingual mobile marketing campaigns in the 15 countries of the Middle East.

- The Company now has 200,000 active AKAZOO paying subscribers. In January, it is launching its mobile entertainment services in Spain and more Spanish speaking countries including Mexico, Colombia, Chile and Peru are set to follow in the first quarter of 2011.

 

The announcement of preliminary results is going to be made on March 29, 2011.

 

 

For further details

 

InternetQ

Konstantinos Korletis, Chief Executive Officer

Veronica Nocetti, Finance Director

 

 

Tel: +30 211 101 1101

Tel: +30 (693) 260 0128

Tel: +30 (694) 420 5275

Buchanan Communications

Tim Thompson/Jeremy Garcia/Christian Goodbody

 

Tel: +44 (0)20 7466 5000

Grant Thornton Corporate Finance

Fiona Kindness / Alex Wright

 

Tel: +44 (0)20 7383 5100

Jendens Securities Limited

Andrew Edwards / Chris Thomas/ Justine Waldisberg

Tel: +44 (0)20 3372 2500

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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