Period-end Trading Update

RNS Number : 1345F

Amino Technologies PLC

12 June 2012

 



12 June 2012

Amino Technologies plc

Period-end Trading Update

Amino Technologies plc ("Amino" or the "Company"; stock code: AMO), the Cambridge-based leader in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, is pleased to provide the following update for the six months ended 31 May 2012.

The Board is pleased to announce that the Company continues to perform in line with its expectations and expects to deliver a small profit in the first half of the year (H1 2011: loss of £0.4m) as a result of good operational performance and continued margin improvement. The cash balance remains strong at £13.9m (31 May 2011: £11.6m), even after allowing for the share buyback and maiden dividend payment.

The Company is hosting a roundtable event today for analysts discussing the key trends likely to affect the UK digital entertainment market. The event starts at 12.00pm at the offices of finnCap, 60 New Broad Street, London, EC2M 1JJ. No new financial information will be disclosed.

The Company will announce its interim results on Tuesday 17 July 2012.

For further information please contact:

Amino Technologies:	[phone]
Keith Todd CBE, Non Executive Chairman	www.aminocom.com
Don McGarva, Chief Executive Officer
Julia Hornby, Chief Financial Officer
FTI Consulting:	[phone]
Matt Dixon / Clare Thomas
finnCap Limited	[phone]
Marc Young / Charlotte Stranner - Corporate Finance
Brian Patient / Tom Jenkins - Corporate Broking

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