Zeta Compliance Group Plc
LSE : ZCGP

March 14, 2012 03:00 ET

Trading Update

                                       ZETA COMPLIANCE GROUP Plc
                                        (PLUS-Quoted Code: ZCG)
                                                   
                                            Trading update
                                                   
The Company has made some progress in the year finishing January 2012 with steady revenue. Zeta has
seen The Fire Strategy Company Limited (now Zeta Fire Services), acquired in May 2010, start to win
some sizeable business.

But, as reported in November 2011, there has been pressure on our clients in our existing business
with a severe impact on pricing. Demand for our core services was slower in the last part of our
financial year to January 2012.

The result is that the financial year just finished is below market expectations.

The Company took action to ensure that costs were reduced wherever possible, and a new more focused
company structure has been implemented. Approximately £300,000 of cost savings have been achieved to
date.

John Caines, Chairman of Zeta, commented: "As announced on February 6th 2012, our contractual renewals
are underpinning our business and further confidence in the future is well founded as our latest major
software release, ZetaSafe2, continues to be well received by customers. We are sure that our software
offering will keep Zeta at the leading edge of the compliance software market."

The Directors of Zeta are responsible for the contents of this announcement.

Contact Details:
Zeta Compliance Group plc                                                         Tel: 01869 326000

Rob Nicoll - Director

Hybridan LLP, Corporate Adviser                                            Tel: +44 (0)20 7947 4350
Claire Noyce / Deepak Reddy

About Zeta:

Zeta provides products, services and technologies that enable organisations with large
estates systematically meet their Environmental, Health and Safety obligations. Zeta carries out Risk
Assessment and Monitoring services in respect of fire and water risk management and air hygiene.
Zeta also has a Carbon and Energy division providing technical and strategic consultancy services to
clients addressing increasing regulatory obligations such as Air Conditioning Inspections, Energy
Performance Certificates and a full range of Energy Management Consultancy Services (CRC). Zeta's
Technology division has developed a complete web-based statutory compliance system (ZetaSafe(R)).


Contact Information

  • Zeta Compliance Group Plc