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Tuesday 19 January, 2010

Psion PLC

Trading Statement

RNS Number : 7421F
Psion PLC
19 January 2010
 




Tuesday 19 January 2010: For Immediate Release


PSION PLC


Trading update


Psion PLC, the mobile computing solutions company, today gave an update on current trading ahead of the publication of its full year results to 31 December 2009, which is provisionally scheduled for Thursday March 4, 2010.

The Board expects that Group financial results for the year ending 31 December 2009 will be in line with management's expectations.


John Conoley, Chief Executive of Psion, said: 

"The slight improvement in sales activity and order intake reported in November has been maintained and we remain pleased with the level of order intake in December. With improving market conditions, our lower cost base, robust channel relationships and an enhanced product portfolio, we expect to make further progress in 2010."




For further enquiries, please contact: 

Brunswick                                                                                                            +44 (0) 20 7404 5959

                                                                                                                    psion@brunswickgroup.com

Tom Buchanan, Craig Breheny, Michelangelo Bendandi



Notes to Editors 

1.

Psion (PON.L) is listed on the London stock market. Its operational business, Psion Teklogix, is a global provider of solutions for mobile computing and wireless data collection. The Group's products and services include rugged mobile hardware, secure wireless networks, robust software, professional services and exceptional support programs. Psion Teklogix is committed to helping its customers reap the benefits of new and emerging technologies, including image capture, voice recognition and RFID. With over three decades of industry experience, Psion Teklogix has customers in more than 80 countries around the world.  For further information, please go to: http://www.psionteklogix.com

2.

The information in this release is based on management information. 

3.

Certain statements in this announcement are forward looking statements. Such statements are based on current expectations and by their nature 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 information does not assume any responsibility or obligation to update publicly or revise any of the forward-looking statements contained herein.




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