CST: 25/09/2016 00:27:03   

NetDimensions (Holdings) Limited: Trading Update for the 12 Months to 31 December 2015

256 Days ago

HONG KONG, CHINA--(Marketwired - Jan 12, 2016) - NetDimensions (AIM: NETD) (OTCQX: NETDY), a global provider of performance, knowledge and learning management systems, is pleased to provide a trading update for the 12 months to 31 December 2015 (the "period").

Sales revenue and invoiced sales for the period are expected to be ahead of the prior year with GAAP revenue for 2015 of approximately US$25M. In addition the Company's operating cost base is lower than in 2014 so it is anticipated that the adjusted EBITDA loss will be better than current market expectations.

Jay Shaw, Chief Executive Officer of NetDimensions, said: "We have continued to see growth in our client base, particularly in our targeted area of high consequence industries, and are pleased to report trading for 2015 is in line with market expectations."

Enquiries:

     
NetDimensions (Holdings) Limited   Tel: +852 2122 4500
Jay Shaw    
Matthew Chaloner    
     
Panmure Gordon (UK) Limited (Nomad & Broker)   Tel: +44 20 7886 2500
Fred Walsh / Peter Steel / James Greenwood (Investment Banking)    
     
Erik Anderson (Corporate Broking)    
     
Walbrook PR Ltd (Financial Public Relations)   Tel: +44 20 7933 8792
Paul Cornelius / Sam Allen / Nick Rome   netdimensions@walbrookpr.com
     

About NetDimensions

Established in 1999, NetDimensions (AIM: NETD) (OTCQX: NETDY) is a global provider of performance, knowledge and learning management solutions to high consequence industries.

NetDimensions provides companies, government agencies and other organisations with talent management solutions to personalize learning, share knowledge, enhance performance, foster collaboration and manage compliance programs for employees, customers, partners and suppliers.

Recognised as one of the talent management industry's top-rated technology suppliers, NetDimensions' award-winning solutions have been chosen by leading organisations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Fugro Group, and Fresenius Medical Care.

NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.

For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.

Contacts:
RNS
Customer Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com