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Tuesday 18 November, 2008

Macro 4 PLC

Interim Management Statement

RNS Number : 3636I
Macro 4 PLC
18 November 2008
 





Tuesday18th November 2008        

            

Macro 4 plc


Interim Management Statement


Crawley, UK, Tuesday, 18 November 2008; Macro 4 plc (LSE;MAO) ('the Group'), a market leader in the provision of innovative, performance-enhancing infrastructure software solutions, today publishes its Interim Management Statement for the period from 1st July 2008 to date. This is in accordance with the UK Listing Authority's Disclosure and Transparency Rules. 


The Group has made good progress throughout the year in restructuring its propositions, particularly in the areas of Applications Performance, Data and Document Archiving and in Print Management. The Group is pleased with the market reaction to these new propositions. In difficult economic climate, the ability to deliver rapid and substantial cost savings and improved system performance is a positive selling point and is helping to strengthen the new business pipeline.


We previously reported that the current economic climate has led to increased competition, reduced customer spending and elongated sales cyclesThis remains the case. In spite of this, the new business revenue during the period is in line with the Board's expectations and recurring revenue continues to be stable, providing a strong underpinning to the Group's operations. 

The Group's balance sheet remains solid and following strong cost control and tight cash management, the cash balance at the end of October 2008 was well ahead of the same date last year. 


Half-year results will be announced in February 2009.



This announcement may contain forward-looking statements which are made in good faith. By their nature, forward looking statements are based on management's current expectations or beliefs, as well as assumptions about future events. These are subject to a number of risks and uncertainties that could cause actual results and performance to differ materially from any expected future results or performance expressed or implied by the forward-looking statement. The Company does not assume any responsibility or obligation to update publicly or revise any forward-looking statements that may be contained herein.


-ends-

  For more information please contact::


Macro 4 plc                    

Ronnie Wilson, Group Chief Executive Officer    Tel: 01293 872000 

David Smyth, Group Finance Director


About Macro 4

Macro 4 is a leading software company with operations and customers across the world. It develops world-class business-enabling software in the areas of:

·         Application availability, fault analysis and optimisation

·         Application performance management

·         Document management, warehousing and delivery solutions

Macro 4's market-leading solutions support complex traditional and e-business environments across the world, providing customers with clear competitive and financial advantage. 

With 40 over years' experience, the Company's key strengths lie in its ability to provide organisations worldwide with innovative, scalable and competitive software that is simple to install and operate, but delivers complex solutions and real business and financial benefit.

Its customer base includes many of the world's largest organisations and covers most business sectors, especially Telecoms, energy, financial services, utilities, professional services (legal, accounting) and public sector / government bodies.

The Company also provides comprehensive IT professional services, consultancy and educational training through its dedicated consulting arm.

Macro 4 is listed on the London stock exchange ('MAO').

www.macro4.com



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