Allocate Software plc
LSE : ALL

Allocate Software plc

June 22, 2009 02:00 ET

Trading Update



22nd June 2009
                                                          
                                        Allocate Software plc ("the Company")
                                          (formerly Manpower Software plc)
                                                          
                                                          
                                                   Trading Update


Allocate Software plc (AIM: ALL), the leading provider of workforce optimisation solutions, is pleased to report that
the  year  ended  strongly with a number of contract wins across the Healthcare, Defence and Maritime  Sectors.   The
Board  now  anticipates that revenue and profit for the year ended 31 May 2009 will be ahead of  the  current  market
expectation.

Revenues for the full year are expected to be approximately £15.75 million, a 36% increase on the previous year, with
profit for the full year expected to be approximately 10% higher than the current market expectation of £2.3 million.

All numbers are still subject to audit.

The final results will be announced at the end of July 2009.


Enquiries:

Allocate Software                                                   
Ian Bowles - Chief Executive Officer                                Tel: +44 (0) 20 7355 5555
Simon Thorne - Chief Financial Officer

Numis Securities                                                    
Nominated adviser - Michael Meade / Brent Nabbs                     Tel: +44 (0) 20 7260 1000
Corporate Broking - James Black
                                                                    
Hansard Group                                                       Tel: +44 (0) 20 7245 1100
Justine James                                                       Tel: +44 (0) 7525 324431
John Bick                                                           


About Allocate Software
Allocate  Software  plc  is  the  leading  workforce  optimisation  software  applications  provider  for  world-wide
organisations with large, multi-skilled workforces.  With over 18 years' experience, they ensure customers can  match
operational  demands  with  workforce  supply.  Using  MAPS,  Allocate  Software's  workforce  optimisation  software
application, organisations can deploy the right people and right skills, to the right place at the right  time.  With
Corporate headquarters in London, regional offices in the UK, USA, Australia and Malaysia, Allocate Software  provide
services  and  support to an international customer base across Europe, North America and Asia  Pacific.  Founded  in
1991,   Allocate  Software  plc  is  listed  on  the  AIM  market  of  the  London  Stock  Exchange  ("ALL").  Please
visit www.allocatesoftware.com for further information.

Contact Information

  • Allocate Software plc