NetDimensions (Holdings) Limited: Quarterly Operations Update

NetDimensions (Holdings) Limited: Quarterly Operations Update  HONG KONG, CHINA -- (Marketwired) -- 05/06/14 --  NetDimensions (Holdings) Limited (LSE: NETD) (OTCQX: NETDY)  NetDimensions (Holdings) Limited   ("NetDimensions" or the "Company" or the "Group")  Quarterly Operations Update  NetDimensions (LSE: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, is pleased to provide a quarterly update for the 3 months ending March 2014 (the "quarter").  The Company is pleased to report that both revenue and invoiced sales for the quarter were substantially higher than the prior year quarter. Invoiced sales to clients in high consequence industries represented 82% (2013 Q1: 66%) of total invoiced sales for the quarter which is in line with our strategy of becoming the leading supplier of Talent Management Systems and related compliance solutions to highly regulated industries.  The Company added 17 (2013 Q1: 11) new clients in the quarter of which 65% (2013 Q1: 55%) were in high consequence industries including Healthcare, Financial Services, Transportation, Telecommunications and Precision Manufacturing. The proportion of invoiced sales from new business was 41% (2013 Q1: 33%) in the quarter providing further evidence that the investment is beginning to show a return and that we are executing to plan.  Jay Shaw, Chief Executive Officer of NetDimensions, said: "The first quarter performance was excellent and provides the Company with a solid start to the current financial year. It is particularly pleasing to see a high proportion of new business in the quarter which gives us confidence that the investment we made as part of the Business plan is beginning to provide a return. "  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 Cresswell                                    helen@walbrookpr.com         About NetDimensions  Established in 1999, NetDimensions (LSE: NETD; OTCQX: NETDY) is a global provider of performance, knowledge and learning management solutions.  NetDimensions provides companies, government agencies and other organizations with talent management solutions to 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, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Hunter Douglas, Chicago Police Department, Geely Automotive, Fugro Group 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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