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IBS OPENSystems plc - AGM Statement

Wed Apr 23, 2008 2:00am EDT
 
RNS Number:8808S
IBS OPENSystems plc
23 April 2008



23 April 2008

                              IBS OPENSystems plc


                                 AGM Statement



Tim Curtis, Chairman of IBS OPENSystems plc, the software and services company
focused on providing solutions to Local Government and Social Housing, will make
the following statement at today's Annual General Meeting:

"The first quarter's revenue and operating profit were in line with internal
management expectations and ahead of those for the same period in 2007. New
business wins in the first quarter combined with the prospects of further sales
of new software together with the strength of recurring revenues and
professional services from our installed base, give the Board confidence of
continuing organic growth in 2008."

The meeting will take place today at 3pm in the offices of Citigate Dewe
Rogerson, 3 London Wall Buildings, London Wall, London EC2.




Enquiries:



IBS OPENSystems plc

Tim Curtis, Chairman
Richard Smith, Chief Executive
Karl Pott, Finance Director
Tel: 020 7638 9571on the day. Thereafter: 01635 550088



Citigate Dewe Rogerson

Seb Hoyle
Justin Griffiths
Tel: 020 7638 9571




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

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