NetDimensions (Holdings) Limited Trading Update (5002L)

TIDMNETD

RNS Number : 5002L

NetDimensions (Holdings) Limited

12 January 2016

NetDimensions (Holdings) Limited

("NetDimensions" or "the Company")

Trading Update for the 12 months to 31 December 2015

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     Tel: +44 20 7886 2500 
  & Broker) 
 Fred Walsh / Peter Steel / James 
  Greenwood (Investment Banking) 
 Erik Anderson (Corporate Broking) 
 
 Walbrook PR Ltd (Financial Public      Tel: +44 20 7933 8792 
  Relations) 
 Paul Cornelius / Sam Allen / Nick      netdimensions@walbrookpr.com 
  Rome

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 12, 2016 02:00 ET (07:00 GMT)

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