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Replacement AGM & Chairman's Statement

Replacement AGM & Chairman's Statement.

articleCirata PlcJune 12, 20134/company/cirata-plc/news/replacement-agm-and-chairmans-statement
Replacement AGM & Chairman's Statement

About this update from Cirata Plc

[{"type":"text","content":"\n \nRNS Number : 8821G WANdisco Plc 12 June 2013  \n \n\n \nThe WANdisco Plc announcement released on 12/06/2013 at 11:45 under RNS No. 8775G has been amended.\n  \nThe full amended text is shown below.\n \n \n12 June 2013\nWANdisco plc\n \n(\"WANdisco\" or the \"Company\")\n \nAnnual General Meeting \nChairman's Statement\n \nSheffield, UK - WANdisco (LSE: WAND), a provider of high-availability software for global enterprises to meet the challenges of Big Data and distributed software development, announces that at the Company's first Annual General Meeting, held today in Sheffield, UK, the Chairman and Chief Executive Officer, David Richards, will make the following statement:\n \n\"It is with great pleasure that I am able to report to our Annual General Meeting that very good progress continues to be made in all areas of our business. \nOn the product development side our new and evolving products for the Application Lifecycle Management and Big Data markets are being well received by our customers.  Since the IPO we have hired a number of highly experienced enterprise sales staff and they have delivered substantial year-on-year sales growth, which in the first quarter was 96%.  Also pleasing was an almost three-fold increase in the average deal size as we now sell on value rather than technology.  The sales pipeline for the second quarter and beyond continues to grow for all products and the group remains confident of further substantial sales growth.\nWe anticipate making further updates in the coming weeks associated with our Hadoop Big Data products.  We anticipate them to be made during the Hadoop Summit, where we are exhibiting, on the 26th and 27th of June.\nFinally, I would like to take this opportunity to thank all the employees of the Group who have contributed so much to the rapid growth and development of WANdisco and we all look forward to further progress going forward.\"\n \nFor further information please contact:\n \n\n\n\n\nWANdisco plc:\n\n\n\n\n\n\n\nDavid Richards, Chairman and Chief Executive Officer\n\n\nvia FTI Consulting\n\n\n\n\nNick Parker, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting:\n\n\n+44 (0)20 7831 3113\n\n\n\n\nMatt Dixon / Sophie McMillan / Jon Snowball / Roger Newby\...

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