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NetDimensions (Holdings) Limited - Business Update


NetDimensions (Holdings) Limited - Business Update

HONG KONG -- (Marketwired) -- 10/23/13 -- *T

NetDimensions (Holdings) Limited

("NetDimensions" or the "Company")

Business update NetDimensions updates the market on progress to the Business plan in

the 3 months to September 2013

NetDimensions (LSE AIM: NETD) (OTCQX: NETDY), a global provider of performance, knowledge and learning management systems, is pleased to provide the following update on progress to the Business plan for the 3 months ending September 2013 (the "quarter").

Continuing on from the progress reported in the Interim statement to 30 June 2013 the Company is pleased to report the addition of 18 new clients in the quarter. With the Company's focus on highly regulated industries it is particularly encouraging to report that a number of new client wins were in the Healthcare, Financial Services and Government Agency sectors. This group includes a tier one global Business Services provider who will be rolling out the NetDimensions Talent Suite to its Global client base.

In the quarter we also commenced the establishment of our new Danish entity ("entity") to serve the Nordics market (Norway, Sweden, Finland& Denmark). It is anticipated that the new entity will be operational from the 1st November this year and will have local Sales Capability, Account Management, Consultancy, Client Support and Billing. The Key Executives for the new entity have extensive experience of the industry and local markets which will accelerate our penetration into this new market.

The Nordics market provides the Company with an opportunity to extend its reach into highly regulated industries such Oil & Gas, Precision Manufacturing, Healthcare, Life Sciences and Financial Services.

Jay Shaw, NetDimensions CEO, commented: "The new client wins in our target sector of highly regulated industries is particularly encouraging and demonstrates that we are delivering to plan. The new Danish entity will give us the springboard to penetrate another new market with potential for substantial incremental sales revenues. "

Enquiries:

NetDimensions (Holdings) Limited Tel: +852 2122 4500 Jay Shaw Matthew Chaloner

Panmure Gordon (UK) Limited (Nomad & Broker) Tel: +44 20 7886 2500 Fred Walsh Ben Roberts

Walbrook PR Ltd (Financial Public Relations) Tel: +44 20 7933 8792 Bob Huxford bob@walbrookpr.com Helen Westaway helen@walbrookpr.com

About NetDimensions

Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of performance, knowledge, and learning solutions.

NetDimensions provides companies, government agencies and other organizations withtalent management solutionsto personalize learning, share knowledge, enhance performance, foster collaboration, and manage compliance programs for employees, customers, partners and suppliers.

Recognized as one of the talent management industry's top-rated technology suppliers in overall customer satisfaction, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Hunter Douglas, Chicago Police Department, Delphi Automotive, and Fresenius Medical Care.

NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified.

For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.

This information is provided by RNS

The company news service from the London Stock Exchange


 
 
 
Contacts:
RNS
Customer
Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com

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