NETD Netdimensions

RNS Number:9424K
NetDimensions (Holdings) Limited
02 January 2008


                        NetDimensions (Holdings) Limited
                       ("NetDimensions" or "the Company")

                            Pre-close trading update

NetDimensions, the software publisher that provides companies and government
agencies with enterprise-class learning, knowledge and performance management
related software and services, announces a trading update following its
financial year-end on 31 December 2007.

The Board expects revenues to increase to in excess of US$4 million and to
report a profit for the 12 months to 31 December 2007. While revenues have
increased against the previous year, some contracts expected to be finalised in
2007 slipped into 2008. During the year the Company has significantly increased
the size of its sales teams although it is not expecting to see the full benefit
of this come through until 2008. These factors mean the Company's results for
2007 will be below current market expectations. The Directors believe it is
important to emphasise that NetDimensions has a sound business model and, as a
rapidly expanding and cash generative business, remains in a good position to
grow.

The Company will continue to seek to take advantage of demand for its services,
particularly from clients in highly regulated and compliance driven industries.
Investments made in 2007 in expanding the sales teams together with significant
product innovation have created a platform on which to drive sales growth.

During 2008, NetDimensions will increase the marketing of the Company's
portfolio of products and, in particular, develop sales of the Enterprise
Content Platform ("ECP") and Enterprise Assessment Platform ("EAP").

ECP and EAP were both launched in the second half of 2007 to target specific
market sectors. As a consequence the two products have only recently started to
help drive the Company's expansion in the healthcare, aviation and energy
sectors and thereby further diversify the Company's target markets.

NetDimensions expects to announce its preliminary results for the 12 months to
31 December 2007 in March 2008.

NetDimensions Chief Executive Officer Jay Shaw said, "NetDimensions is in a good
position to continue to grow. We have an excellent portfolio of products to
offer enterprises globally. The challenges we faced toward the end of 2007 were
primarily around contract timing issues. We continue to work to our long-term
plan and look forward to further developing the business."

Enquiries:

+----------------------------------+----------------------+--------------------+
|NetDimensions                     |Jay Shaw              |+852 2122 4500      |
|www.netdimensions.com/investor    |Jeffrey Cheung        |                    |
|                                  |Allana Edwards        |                    |
+----------------------------------+----------------------+--------------------+
|Landsbanki Securities (UK)Limited |Jeff Keating          |+44 (0) 20 7426 9000|
|Nominated Adviser & Broker        |Fred Walsh            |                    |
|                                  |Simon Brown           |                    |
+----------------------------------+----------------------+--------------------+
|Cardew Group                      |Tim Robertson         |+44 (0) 20 7930 0777|
|                                  |Shan Shan Willenbrock |                    |
|                                  |Catherine Maitland    |                    |
+----------------------------------+----------------------+--------------------+




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

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