NetDimensions Trading Update

NetDimensions, a provider of talent management systems, is pleased to announce a trading update following its 31 December 2011 financial year-end.

The Company reports that:

• Revenue and profit before tax for the year are estimated to be ahead of market expectation, due to a strong performance in the final quarter of the year.
• The Company continues to generate cash and had at the year-end approximately US$6.9 million (US$6.0 million at the end of 2010).
• At 31 December 2011 rates, the cash position equates to 17.8p in cash per share.

CEO Jay Shaw commented: “We have continued to see growth in the business, not only in terms of new clients, but also in terms of numbers of users, even amidst a worsening euro-zone financial situation in the year. NetDimensions will continue to grow our business organically and strategically in 2012 through stronger product offerings and expansion of sales coverage in the growing emerging markets to stay competitive in the uncertain global economy.”