ABAL Abal Group Plc

 

TIDMIMTK 
 
RNS Number : 3620W 
Imaginatik PLC 
28 July 2009 
 

28 July 2009 
Imaginatik plc 
("Imaginatik" or the "Company") 
AGM Statement 
 
 
Howard Marshall, Chairman of Imaginatik plc (AIM: IMTK), a leading provider of 
enterprise collaborative software and processes, will make the following 
statement at the Company's Annual General Meeting to be held later today: 
 
 
"As with last year, the new financial year has started slowly with prospective 
clients continuing to be cautious in their commitment to spend. However, we are 
pleased to announce several good client wins of late through our strategic 
partnership with Hult Business School, resulting in our Idea Central software 
being used at Osram Sylvania, Philips Medical Systems, Siemens and BAE Systems 
amongst others. 
 
 
Consistent with previous years, we anticipate that the larger part of our 
revenues will come in the second half of the financial year and, as expected, 
the Company will incur a loss in the six months to 30 September 2009. Despite 
the difficult market conditions and economic uncertainties, we still anticipate 
another year of revenue growth for the Company and continue to remain optimistic 
in our sales pipeline which is developing well as a result of our increased 
focus on marketing the Company and our software and services offering." 
 
For further information please contact: 
 
 
+-----------------------------------+---------------------------+ 
| Imaginatik plc                    |     Tel: 020 7917 2975    | 
+-----------------------------------+---------------------------+ 
| Mark Turrell, CEO / Shawn Taylor, |                           | 
| CFO                               |                           | 
+-----------------------------------+---------------------------+ 
| Arbuthnot Securities Limited      |     Tel: 020 7012 2000    | 
+-----------------------------------+---------------------------+ 
| Tom Griffiths                     |                           | 
+-----------------------------------+---------------------------+ 
| ICIS                              |     Tel: 020 7651 8688    | 
+-----------------------------------+---------------------------+ 
| Tom Moriarty / Caroline           |                           | 
| Evans-Jones                       |                           | 
+-----------------------------------+---------------------------+ 
 
 
About Imaginatik 
 
 
Imaginatik is a leading provider of web-based enterprise collaboration software. 
Imaginatik's core software, Idea Central, is designed to help companies focus on 
idea generation towards strategic business objectives, and to share, develop and 
review those ideas across the organisation. Some of the world's largest 
organisations such as Merck, Dow, Chevron, General Electric and Cargill use 
Imaginatik's software, consulting and leading-edge research to enable their 
best-of-breed innovation, cost-reduction and process improvement activities. 
 
 
Having been named as a World Economic Forum Technology Pioneer and a finalist 
for the IBM Lotus Awards in the Best Industry Solution category, Imaginatik's 
software and consulting services have helped clients discover significant 
sources of additional revenue, as well as tangible cost savings. Imaginatik is 
also committed to developing strategic solutions in the field of innovation, 
working with academic institutions such as the Hult Business School in Boston, 
and the Cass School of Business, London, as well as leading practitioners of 
corporate innovation. 
 
 
For further information please visit http://www.imaginatik.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 AGMGGGZNNNKGLZM 
 

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