Trading Update and Notice of Results

19 August 2014

Digital Globe Services, Ltd.

(the "Company," "the Group" and together with its subsidiaries "DGS")

Trading Update and Notice of Results

Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, is pleased to announce that the financial results for the year ended 30 June 2014 are in line with market expectations. Revenue diversification continued during the year.

Growth in the year has been driven by both existing and new customers. DGS has continued to execute on its growth strategy, expanding both geographically and into new verticals, and expects to see meaningful revenue generation from these new areas of the business in the coming year. The acquisition and integration of DGS Edu has progressed well and investment continues into all areas of the business to support future growth.

Recent positive developments include the signing of an agreement and subsequent launch with one of the largest satellite operators in the United States and an agreement with a Direct Broadcast Satellite operator in Canada. The Company also expects to enter into a trial with one of the largest multi-system (cable) operators in Europe in calendar Q4.

The Board expects to announce audited results for the financial year ended 30 June 2014 on 25 September 2014.

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Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, integrated websites and contact centre support, receiving a fee for each customer acquired for its clients.

DGS is seeking to establish itself as the leading international provider of outsourced online customer acquisition services, through its focus on having the premier technology platform for pricing and procuring paid search advertising on a cost effective basis. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed. 

By using its optimising technology platform, dgSMART, and its experience of website management, efficient contact centre operations and other process expertise, DGS is able to bid appropriately and cost effectively for search terms in order to achieve conversion rates that deliver profitable, high quality customers to its clients.

DGS employs over 600 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.