SOURCE: NetDimensions (Holdings) Limited

October 23, 2013 02:00 ET

NetDimensions (Holdings) Limited - Business Update

HONG KONG--(Marketwired - Oct 23, 2013) -



                     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

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