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
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. "
NetDimensions (Holdings) Limited Tel: +852 2122 4500
Panmure Gordon (UK) Limited (Nomad & Broker) Tel: +44 20 7886 2500
Walbrook PR Ltd (Financial Public Relations) Tel: +44 20 7933 8792
Bob Huxford firstname.lastname@example.org
Helen Cresswell email@example.com
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
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