Interim Results 2007

01 May 2007

Mediasurface Interim Results 2007

Mediasurface plc
Results for the 6 Months ended 31st March 2007

Mediasurface plc, the AIM listed Content Management Software Author and Vendor, announces un-audited results for the 6 months ended 31st March 2007.

Company Highlights for Half Year

Group revenue up 37% to £6.06 million (2006: £4.43 million).
Pre-tax profit up 15% to £0.40 million (2006: £0.35 million).
Investment in Pepperio of £0.4m has established strong base to target SME sector.
Cash position improved to £1.14m (30th September 2006: £1.08m).
Group licence sales up 16%.
Services up 93% on the same period for last year.
Maintenance revenue up 20% on the same period last year, the annual value of recurring support revenues is now £2.8m.
Group secured two of its largest deals to date - Office of Fair Trading and The Foreign & Commonwealth Office.
Additional new business includes contract with technology specialist Infor, healthcare organisations AZ-Sint Blazius & Meerkanten and publishers Springer/ Artsennet.
Partnership with Google strengthens enterprise search capabilities. Google names Mediasurface "Best ECM Partner of Year" in recent awards.
Two major Morello releases open up Microsoft market with support for Microsoft's ASP .Net and SQL Server database.
Sales coverage extended with new offices established in Chicago and Stockholm.