SDX Sdx Energy Plc

RNS Number:6608Y
Sondex PLC
20 June 2007

Sondex plc
("Sondex" or the "Company")



Interim Management Statement



Sondex, which holds its AGM today at 11.00, is publishing its first Interim
Management Statement as required by the revised Listing Authority disclosure
rules.



The Board is confident that, as reported in the preliminary results statement of
15 May 2007, the markets in which Sondex operates remain buoyant and the Company
has a solid foundation from which to deliver further growth in the coming years.



Cumulative order intake for the current year to date has been over 20% higher
than last year with particular strength from China and Russia. Revenue during
the first quarter is in line with management expectations.



Investment in Research & Development has increased to #1.7m in the first quarter
(#1.4 million in Q1 2006/7), focused on two major projects which are now
entering the early field trial stage.



In Canada, Sondex Canada Inc. and Sondex Drilling Tools Inc. (ex Bluestar Tools)
have been integrated, combining the manufacturing and engineering facilities.
Sondex's Canadian operations now function as a single entity. The Canadian
markets have seen recent increases in rig rates indicating a returning strength
to this market.



Integration of the product lines from recent acquisitions is on-going. Delivery
of drilling systems which incorporate the combination of products from Geolink,
Bluestar Tools and Ultima Labs is planned for the second half of the current
financial year.



An improvement in debtor levels has been effected since the year end and an
initiative to improve stock levels is in process.



There have been no other significant changes in the position of the Company over
the period since the publication of its report and accounts for the year ended
28 February 2007.



Overall, the Board continues to be satisfied with the progress being made by
Sondex and the activity levels in its markets.



                                                                  20th June 2007



ENQUIRIES:



Sondex                                         Tel: 01252 862 200
Martin Perry (Chief Executive)
Chris Wilks (Finance Director)

College Hill                                   Tel:  020 7457 2020
Nick Elwes





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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