Business
Trading Update & Notice of Re
Trading Update & Notice of Re.
About this update from Craneware Plc
[{"type":"text","content":"\n RNS Number : 0018A Craneware plc 25 January 2011 \n \n\nCraneware plc\n(\"Craneware\" or the \"Company\")\n \nTrading Update and Notice of Results\n \n25 January 2011 - Craneware plc (AIM: CRW.L; OTC: CRWRY), the market leader in automated revenue integrity solutions for the US healthcare market, is pleased to give an update on trading for the six month period ended 31 December 2010. \n \nIn line with expectations, revenue is expected to have grown by approximately 24% (H1 Dec '09: $13.3m), while adjusted profit (before share based payments, depreciation and amortisation) is expected to show growth of approximately 35% (H1 Dec '09: $3.3m).\n \nCraneware will be announcing its Interim Results on Monday, 28 February 2011. \n \nKeith Neilson, CEO of Craneware commented, \"With the launch and first sale of our latest new product, Value Based Pricing Analyzer, and the announcement that Craneware was named the number one product supplier in the Chargemaster area for the fifth year running, we have further demonstrated our desire to innovate and continue to lead the Automated Revenue Integrity market in the US. \n \n\"At a time when there is much uncertainty around the direction of Healthcare reform in the US, Craneware provides tangible value to its customers who are faced with the ever harder task of providing higher quality healthcare for a large patient population at a more cost effective price. By supporting customers in their need to improve their financial operations and compliance requirements through our best-of-breed integrated software solutions, Craneware believes it can make a meaningful impact on the ability of its customers to care for their patients.\n \n\"We are confident of a successful outcome to the year and the ongoing success of Craneware.\" \n \n \nFor further information, please contact:\n \n\n\n\n\nCraneware plc\n\n\nPeel Hunt \n\n\nThreadneedle Communications\n\n\n\n\n+44 (0)1506 407 666\n\n\n+44 (0)20 7418 8900\n\n\n+44 (0)20 7653 9850\n\n\n\n\nKeith Neilson, CEO\n\n\nDan Webster \n\n\nCaroline Evans-Jones\n\n\n\n\nCraig Preston, CFO\n\n\nRichard Kauffer\n\n\nFiona Conroy\n\n\n\n\n \nAbout Craneware\n \nFounded in 1999, Craneware has headquarters in Livingston, Scotland with offices in Atlanta ...