31st Oct 2007 11:23
Ascribe plc31 October 2007 Press Release 31 October 2007 Ascribe plc ('Ascribe' or 'The Group') AGM Statement Ascribe plc ("AIM:ASP"), the health IT Group, announces that at the Group'sAnnual General Meeting held today all resolutions put to Shareholders by theBoard were duly passed. At the meeting, the Board of Ascribe also updated shareholders on the Group'sperformance since its Final Results statement, as issued on Wednesday 19September for the period ending 30 June 2007. Speaking at the meeting, Stephen Critchlow, Executive Chairman, said "I amdelighted to report that the Group has made a positive start to the 2007/8financial year. We have begun to see the receipt of orders that were delayed inthe 2007 financial year end and our trading performance in the first quarter isin line with management expectations. In particular, I am pleased to report thereceipt of the Group's first Accident and Emergency order in the Australasiamarket and our win of the Plymouth Pharmacy contract from our principalcompetitor in that area. These examples illustrate both the market leadingquality of our products and the opportunities open to the Group by cross-sellingnew products into an established market. Ascribe recently acquired Scorpio Information Systems Ltd, which we expect to beearnings-enhancing in this financial year. The Group looks forward tointegrating their solutions into our portfolio. The Directors remain confident that the Group will continue to develop anddeliver clinician-focused IT systems across the complete Health IT market, andwill deliver a trading performance in line with expectations." - Ends - For further information please contact: Ascribe plcStephen Critchlow, Executive Chairman Tel: : +44 (0) 870 053 [email protected] www.ascribe.comJeremy Lee, Finance Director Tel: : +44 (0) 870 053 [email protected] www.ascribe.com Media enquiries:AbchurchStephanie Cuthbert / Justin Heath Tel: +44 (0) 20 7398 [email protected] www.abchurch-group.com About Ascribe Ascribe plc is a leading healthcare company that develops and markets softwaresolutions supporting patient, clinical and business processes to Primary &Secondary healthcare providers in the UK and overseas. Ascribe is committed toproviding technologies that improve patient safety standards and the company'ssolutions directly improve patient care and deliver financial savings tocustomers. The Group sells directly to hospitals and Primary Care Trusts ratherthan through centrally driven political initiatives. The Group provides solutions to clinical professionals in all healthcaresectors; customers include Emergency and Minor Injuries Units, Mental Health andSocial Care Units, Hospitals requiring patient administration systems (PAS),Clinical Information Systems and medical equipment management, Hospital andRetail Pharmacies, and General Practice surgeries. Offering patient and decisionsupport information to these clinicians in context with their activity is thekey to the company's ongoing success. Ascribe plc was floated on AIM in 2004, and currently employs over 225 personnelthrough its operating companies in the UK, Kenya, Australia and New Zealand. Formore information, please visit www.ascribe.com. (c) Ascribe 2007. Ascribe is a registered trademark of Ascribe plc. All otherbrands and product names and trademarks are the registered property of theirrespective companies. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ASP.L