ATL Atlantic Global

 
TIDMATL 
 
Press Release   19 July 2010 
 
 
                              Atlantic Global Plc 
                       ("Atlantic Global" or "the Group") 
 
                                 Trading Update 
 
Atlantic Global Plc, the specialist provider of integrated business and resource 
management  software applications, today announces a trading update prior to the 
announcement of its interim results for the six months ended 30 June 2010, which 
are due to be published on 28 September 2010. 
 
Trading Results 
Turnover  for the six months  to 30 June 2010 was over  20% higher than the same 
period  last  year.  Atlantic  Global  has  returned to profitability during the 
period,  compared to  the same  period last  year when  the Group made a loss of 
 GBP200,000  before tax.  As  at 30 June 2010, the  Group had net  cash balances of 
approximately   GBP2.096 million compared with around  GBP2.032 million at 31 December 
2009. 
 
Outlook 
The pipeline of new business opportunities is satisfactory and progress has been 
made  on contracts arising from partnership opportunities. The Directors believe 
that  Atlantic Global  will continue  to produce  an improved performance in the 
second half of 2010. 
 
                                    - Ends - 
 
 
 
For further information please contact: 
 Atlantic Global Plc 
 
 Eugene Blaine, Managing Director    Tel: +44 (0) 1274 863 300 
 Rupert Hutton, Finance Director 
 
 eugene.blaine@atlantic-global.com 
 rupert.hutton@atlantic-global.com   www.atlantic-global.co.uk 
 
 Daniel Stewart & Company plc 
 
 Paul Shackleton / Tessa Smith   Tel: +44 (0) 207 776 6550 
 
 
Media enquiries: 
 Abchurch Communications 
 
 Sarah Hollins / Nick Probert        Tel:  +44 (0) 20 7398 7715 
 
 nick.probert@abchurch-group.com         www.abchurch-group.com 
 
 
Notes to Editors 
 
Atlantic  Global develops and implements  business management solutions designed 
to  manage  businesses  people,  project  and  customer  relationship management 
processes.   The solution includes  four intuitive, easy  to use modules: time & 
expense   management,  project  management,  project  portfolio  management  and 
customer  relationship management.  A key aspect of the Atlantic Global Solution 
is  cost control  through better  strategic planning,  accurate cost capture and 
improved resource utilisation. 
 
Atlantic  Global is widely recognised by  software industry analysts as being in 
the  top  25 vendors  within  the  emerging  Project  Portfolio Management (PPM) 
market. More specifically, it is one of only two European organisations included 
in Gartner's 'Magic Quadrant' for PPM. 
 
Atlantic Global's software has been designed to be scalable to all organisations 
no  matter what size or complexity. Our customer base ranges from SMEs to Global 
1,000 organisations   and   includes:   Aircom  International;  Bank  of  Tokyo; 
GlaxoSmithKline;  Pfizer; Aviva;  Provident Financial;  Kingston Communications; 
The  National Assembly of Wales; Tiscali,  Capita National Strategies and Virgin 
Mobile. 
 
Atlantic  Global  successfully  launched  an  OnDemand  (Software  As A Service) 
product  in  October  2008. The  further  development  and  sale of this product 
remains a key strategy for 2010 and beyond. 
 
Founded in 1993, Atlantic Global is headquartered in West Yorkshire, England. It 
listed  on the Alternative Investment Market  of The London Stock Exchange (AIM) 
in June 2001. 
 
 
[HUG#1432344] 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Atlantic Global Plc via Thomson Reuters ONE 
 

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