Business
Interim Results-Amendment
Interim Results-Amendment.
About this update from Corero Network Security Plc
[{"type":"text","content":"\n Mondas PLC\n22 December 2005\n\n\nThis announcement replaces the earlier announcement made today at 7.00am by\nMondas Plc. This announcement has a correction in the paragraph headed 'Placing'\ncontained in the Chairmans Statement. The sentence in question now reads 'This\nmorning your company announced the placing of 2,608,696 new ordinary shares at\n11.5 pence each raising approximately GBP 250,000 net of expenses for the\ncompany.'\n\n\nMondas plc\n\nInterim Results for the six months to 31 October 2005\n\nMondas PLC, the specialist provider of software solutions to the banking &\nsecurities and education markets, announces its interim results for the six\nmonths to 31 October 2005.\n\nKEY POINTS\n\n •Successful integration of Eclipse Learner Systems in the Resource\n Division\n\n •Proposed acquisition of Blue Curve to complement product set in banking &\n securities\n\n •Radica CAPS v4 launched and first international deployment of CAPS\n installed\n\n •Strengthened management team with appointment of Peter Waller as\n Non-Executive Chairman and Mark Robertson as MD of the Banking and\n Securities Division\n\n •Proposed placing of 2,608,696 new ordinary shares at 11.5p per ordinary\n share, to raise approximately £300,000 before expenses (see separate\n announcement)\n\nResults and Current Trading:\n\n •Operating loss before goodwill amortisation and restructuring charges of\n £455,031m (2004: loss £367,248))\n\n •Pre-Tax loss of £1.16m (2004: £1.45m)\n\n •Cash balances of £0.66m (2004: £1.03m)\n\n •Deferred Income of £1.35m (2004: £0.87m)\n\nCommenting on the results, Jarlath McGee, Chief Executive, said:\n\n'We have made significant progress in building a broader suite of products in\nboth our operating divisions. Through this diversity of product we have the\nopportunity to be able to cross market within the product type and build\ncritical mass of the group.'\n\n 22 December 2005\n\nEnquiries:\n\nMondas plc Tel: 020 7392 1300\nJarlath McGee, Chief Executive\n\nCollege Hill Tel: 07831 379122/\nMatthew Smallwood/Clare Warren 020 7457 2020\n\n\n\n\n\nChairman's Statement\n\nIntroduction\n\nI am pleased to present the interim results for the six month period ended 31\nOctober 2005. During the period under review, Mondas has made significant\nprogress in building critical mass in both oper...