ࡱ> CEB7 bjbjUU 57|7|l 8 , ,d [ [ [ wyyyyyy$ .n-[ 9 "[ [ [ % S%%%[ X  w%[ w%% X $ l R0 %  28 April 2005 Atlantic Global Plc AGM Statement, Trading Update and Board Change David Cox, the Non-Executive Chairman of Atlantic Global Plc, the specialist provider of integrated business and resource management software applications, will make the following statement regarding recent progress and current trading within the Group, at the Annual General Meeting to be held in Bradford today: The Board can confirm that the Company has continued to enjoy success in attracting substantial new business for our software products including Virgin Mobile becoming a Corporate Vision customer with a contract in excess of 100,000 and the sale of modules from our Business Solutions suite into a completely new department within Norwich Union. In addition, Xchanging, who ordered Corporate Vision towards the end of 2004, (already successfully installed), has purchased extra new modules from our Business Solutions suite for installation into a new division of their company. This is in addition to continued new roll-outs within our existing client base, including further business with Computacenter following on from a large order at the end of 2004. Demand for Atlantic Globals software has therefore remained strong across all target market sectors and, as usual, the vast majority of support service contracts, which were due to be renewed during the first quarter of 2005, have been signed for a further three-year term. The Corporate Vision sales signed in the last quarter of 2004 included a major contract with a division of Man Group Plc, which was the largest contract win in the history of the Group. This has now been completely installed and is operating successfully in line with the plan. The progress and further development of our Sales and Marketing functions is continuing and sales-lead generation is running at a highly satisfactory level. We are now fully concentrated on the progression of these leads into signed contracts and the Directors fully expect that this will be achieved on an ongoing basis. Our team of experienced and professional software sales executives now number eight, six of whom have been employed since only November 2004. Therefore, we are still at an early stage of what we believe will be a major breakthrough in sales volume. However, although some sales escalation is already occurring, current indications are that our sales progress will not occur rapidly enough fully to offset the increase in costs of our sales team development during the first half of 2005. Consequently the interim results to 30 June 2005 are likely to be lower than the first half of 2004. However, the Directors remain confident of achieving full year sales and profit market expectations. Finally, I wish to announce a structural change within the Board. Following the recruitment of new sales, marketing and human resources management during 2004, Lewis Howcroft, who has been with the Group since June 2000, and our part-time Commercial Director since June 2001, will retire as from 30 June 2005. However, I am delighted that Lewis will, from the 1 July 2005, become a Non-executive Director and will continue to contribute towards the Groups development. - ENDS - For further information please contact: Atlantic Global PlcEugene Blaine, Managing Director Rupert Hutton, Finance DirectorTel: +44 (0) 1274 863 300  HYPERLINK "http://www.atlantic-global.co.uk/" www.atlantic-global.co.uk HYPERLINK "mailto:eugene.blaine@atlantic-global.co.uk" eugene.blaine@atlantic-global.co.uk  HYPERLINK "mailto:rupert.hutton@atlantic-global.co.uk" rupert.hutton@atlantic-global.co.uk  Media enquiries: AbchurchPeter Curtain Margaret Strinati  HYPERLINK "mailto:margaret.strinati@abchurch-group.com" margaret.strinati@abchurch-group.com Tel: +44 (0) 20 7398 7700  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 (rba) 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, Colt Telecommunications, GlaxoSmithKline, NEC, Norwich Union, Pfizer, The Metropolitan Police and Virgin Mobile. Founded in 1993, Atlantic Global is headquartered in West Yorkshire, England, and has offices London and New York. It listed on the Alternative Investment Market of The London Stock Exchange (AIM) in June 2001. For more information please visit  HYPERLINK "http://www.atlantic-global.net" www.atlantic-global.net. Photography Photography is available on request. Please call Margaret Strinati on +44 113 390 6389 or email  HYPERLINK "mailto:margaret.strinati@abchurch-group.com" margaret.strinati@abchurch-group.com Investors Centre Website See  HYPERLINK "http://www.atlantic-global.net" www.atlantic-global.net for new updated investor section and email alerts.     ()*>mno EFuv*+NOUVgǼ}}}s5CJOJQJaJ0JCJOJQJ^JaJjCJOJQJU^JaJ OJQJ^J5CJOJQJ\^JaJCJOJQJaJ^JaJCJOJQJ^JaJCJOJQJ^JaJCJOJQJaJ5CJ\aJCJaJ CJOJQJ jCJOJQJUmHnHu()*>mno $a$d$da$$a$$ ,`0p@ P !*$@&a$$a$$dha$ +EQRT  $ R$Ifa$M$$Ifl0 !\ x!644 la $$Ifa$ $x$Ifa$$a$$a$TUVgprs $$Ifa$M$$Ifl0 !\ x!644 la gp(),-YZ[rsv !EFٺ豬kZHٺ#jCJOJQJU^JaJ!B*CJOJPJQJ^JaJph'5B*CJOJPJQJ\^JaJph0JCJOJQJaJjCJOJQJUaJjCJOJQJUaJOJQJCJaJCJOJQJaJ0JCJOJQJ^JaJ#jCJOJQJU^JaJjCJOJQJU^JaJCJOJQJ^JaJ5CJOJQJ^JaJ()67uvwG]$a$$da$O$$Ifl0 !\ x!644 laFGHIbcgh۲§ۢ jU0JCJOJQJaJjCJOJQJUaJjCJOJQJUaJ5CJOJQJ\aJCJOJQJaJ!B*CJOJPJQJ^JaJphCJOJQJ^JaJGHIbc$a$. 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