ࡱ> KML@ bjbjצצ 89 NNNNNNNb&&&8^<<bt^@@@@SSS$(Rzr%-NOS%NN@@R&///N@N@///NN/@ `޷Х&[/#x<//bbNNNNN/SZ@/4!SSS%%bb &^bb& Press Release12 July 2006 Atlantic Global Plc Trading Update Atlantic Global Plc (The Company), the specialist provider of integrated business and resource management software applications, announces a trading update prior to entering the close period before the announcement of its interim results for the six months ended 30 June 2006, which are due to be published on Tuesday 19 September 2006. Trading Results Turnover for the first half will be approximately 933,000, which is virtually identical to the same period last year (2005: 930,000). The cost control measures that have been undertaken have helped reduce the loss on ordinary activities before goodwill and taxation and we are expecting a small loss in line with the Companys expectations. The Group had net cash balances, at end of June 2006, of 1,914,000 compared with 1,479,000 for the half year ended June 2005, showing an increase of 435,000. The Group remains in the excellent position of being financially secure, with a positive cash flow being achieved during 2006. Outlook Provident Financial, AIRCOM and Norwich Union Insurance have purchased Atlantic Global Business Solutions software products for the first time. Orders received for additional products from existing customers include Xchanging, Computacenter, and Friends Provident. Strategic customers continue to renew their support service contracts, with many having signed for a further three-year term. Atlantic Global has improved its market position with the worlds leading software industry analysts. One leading analyst commented Atlantic Global will command a strong position in the growing Project Portfolio Management market in the UK, verifying that market awareness of Atlantic Global and its products are steadily increasing. The pipeline of new business opportunity remains high, as does the potential to grow the business with existing large customers. Consequently, a good second half year performance is likely. The Directors confirm that they expect the results for the year to be in line with the Companys expectations. Notification of Interim Results The Companys interim results announcement for the six months ended 30 June 2006 will be made on Tuesday 19 September 2006. An analyst briefing given by Steve Allen (Non-executive Chairman), Eugene Blaine (Managing Director) and Rupert Hutton (Finance Director) will be held at 9.30 am on the same day at Abchurch Communications offices, 100 Cannon Street, London EC4. - Ends - For further information please contact: Atlantic Global PlcEugene Blaine, Managing Director Rupert Hutton, Finance DirectorTel: +44 (0) 1274 863 300  HYPERLINK "mailto:eugene.blaine@atlantic-global.com" eugene.blaine@atlantic-global.com  HYPERLINK "mailto:rupert.hutton@atlantic-global.com" rupert.hutton@atlantic-global.com   HYPERLINK "http://www.atlantic-global.co.uk/" www.atlantic-global.co.uk  Media enquiries: AbchurchSarah Hollins/Georgina BonhamTel: +44 (0) 113 203 1340 HYPERLINK "mailto:sarah.hollins@abchurch-group.com" sarah.hollins@abchurch-group.com  HYPERLINK "http://www.abchurch-group.com" www.abchurch-group.com Notes to editors Atlantic Global develops innovative software applications that enable organisations to monitor, manage and model the fundamental pillars of their business resources, skills and costs. In addition to its flagship Corporate Vision"! solution, which offers a real-time, role-based view of business operations, Atlantic Global Business Solutions"! also offers a series of business management-focused applications including planning and resource management, timesheet and expense tracking, business information tracking, risk management and contractor management. Atlantic Globals customer base ranges from SMEs to Global 1,000 organisations and includes Barclays, GlaxoSmithKline, NEC, Provident Financial, Computacenter, Orange, Norwich Union, and NTLTelewest. Founded in 1993, Atlantic Global is headquartered in West Yorkshire, England. 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