NXS Nexus Man

 
TIDMNXS 
 
25 August 2009 
 
                             NEXUS MANAGEMENT PLC 
 
                    ('Nexus Management' or 'the Company') 
 
                      Issue of Equity and Trading Update 
 
Issue of Equity 
 
The Board announces that it has raised GBP400,000, before expenses, from a 
placing of 40,000,000 ordinary shares in the capital of the Company at a price 
of 1p per share (the "Placing Shares"). The investor has also been granted 
options over a further 20,000,000 shares at 1p per share exercisable at any 
time before 25 February 2011. 
 
The net proceeds of the Placing, amounting to GBP380,000, will be used primarily 
to pay down the loan notes to the sellers of Resilience and to provide working 
capital generally. 
 
Application has been made for the Placing Shares to be admitted to trading on 
AIM. Admission of the Placing Shares is expected to become effective and 
dealings are expected to commence in the Placing Shares on AIM on 28 August 
2009. Following the issue of these shares, the Company will have 980,105,031 
ordinary shares in issue. 
 
Trading Update 
 
Trading in the nine months to 30 June 2009 has been robust 
considering that the market conditions in both the US and the UK have not been 
favourable. Several of the Company's existing US and UK customers have reduced 
their spending in the last nine months, however, the Board has taken swift 
action to reduce costs in order to minimise the effect on the Company's 
profitability. 
 
The Board expects that trading in the fourth quarter will be 
significantly stronger than the third quarter with Resilience being a major 
contributor. Resilience and Nerd Force currently have a strong pipeline of 
orders and the Board anticipates that a number of these orders will be 
fulfilled in the fourth quarter which would have a material impact on the 
Company's financial performance in the year ended 30 September 2009. For these 
reasons, the Directors remain cautiously optimistic that the full year's 
trading performance, save for any significant movement in the US$ to GBP 
exchange rate, will be in line with market expectations. 
 
The Company expects to announce its results for the year ending 30 
September 2009 in January 2010. 
 
=-END-- 
 
Enquiries: 
 
Nexus Management Plc 
Roger Richardson, Chief Executive                    Tel: 01862 812 107 
 
John East & Partners Limited, a subsidiary 
of Merchant Securities Plc (Nomad) 
Simon Clements/David Worlidge                        Tel: 020 7628 2200 
 
Rivington Street Corporate Finance (Broker) 
Dru Edmonstone/Monisha Varadan                       Tel: 020 7562 3351 
 
Bishopsgate Communications Ltd 
Robyn Samuelson/Siobhra Murphy                       Tel: 020 7562 3350 
nexus@bishopsgatecommunications.com 
 
Notes to Editors 
 
About Nexus Management plc 
 
Nexus Management (www.nexusmgmt.com) is an IT Managed Services Provider 
specializing in reducing the cost and complexity of IT for companies. Nexus 
has two key markets: Europe and the US, where it can offer customers 24 hour 
support. Nexus provides Remote Server Management, Wide Area Network Management 
and Monitoring, Disaster Recovery, Data Storage, Help-Desk, Desktop Support, 
and through its new subsidiary Resilience Technology Corporation 
(www.resilience.com), bullet-proof network security. 
 
Nexus is quoted on AIM, a market of the London Stock Exchange. For further 
information on the Company, please visit www.nexusmgmt.com 
 
About Nerd Force® 
 
Nerd Force® (www.nerdforce.com) is a fast growing mobile computer and 
technology support franchise, which services individuals and businesses, both 
on site and remotely with branded IT managed services. Originally started in 
New York, Nerd Force® is spreading across the United States and Europe and has 
the ambition to expand the brand throughout the rest of the world. Its parent, 
Nexus Management plc, a specialist Managed Serviced Provider, is listed on the 
London stock exchange. The Company is now looking for highly driven, motivated 
and passionate individuals to build a great future with it. 
 
About Resilience 
 
Since 1995, Resilience (www.resilience.com) has delivered network security 
appliances with the most advanced operating system. RES/OS boasts such 
features as open systems flexibility and life cycle management innovations for 
mission-critical applications. Resilience's high performance solutions are 
designed for network environments where availability is essential and security 
must not be compromised. 
 
 
END 
 

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