ATL Atlantic Global

 
TIDMATL 
 
Atlantic Global Plc 
                       ("Atlantic Global" or "the Group") 
 
Atlantic Global Plc (AIM: ATL), the specialist provider of integrated business 
and resource management software applications, today announces a trading update 
prior to the announcement of its full year results for the twelve months ended 
31 December 2010. 
 
Trading Results 
 
The Group expects turnover for the twelve months to 31 December 2010 to be lower 
than for the same period last year. This is as a result of a number of 
substantial contracts being deferred although the directors expect these to be 
signed in early 2011. The Group is expecting a full year loss before tax of not 
more than  GBP230,000. However the year end cash balance is expected to be above 
 GBP2,000,000 (31 December 2009  GBP2,032,000). 
 
The Group secured an increasing number of blue-chip OnDemand customers during 
the second six months to 31 December 2010 including Merseyside Police, Quadratek 
Consulting Ltd, British Computer Society and Friends Provident. 
 
Outlook 
 
The pipeline of new business prospects is satisfactory and since the launch of 
our fully automated self service SaaS offering, available from 9 November 2010, 
the group has secured 150 new trials and based on this early feedback the 
directors are confident about the market reaction to this new offering. 
 
In addition, the company expects to conclude a number of partnership deals in 
the USA, Middle East and UK during early 2011 which are all in a state of 
advanced negotiations. 
 
The Group has secured approximately  GBP330,000 of its budgeted 2011 support 
revenue and together with SaaS revenue, the company has already secured turnover 
for 2011 in excess of  GBP400,000. 
 
 
The results for the year to December 2010 will be announced during March 2011. 
 
 
                                    - Ends - 
 
 
For further information please contact: 
 Atlantic Global Plc 
 
 Eugene Blaine, Managing Director    Tel: +44 (0) 1274 863 300 
 Rupert Hutton, Finance Director 
 
 eugene.blaine@atlantic-global.com 
 rupert.hutton@atlantic-global.com   www.atlantic-global.co.uk 
 
 
 Daniel Stewart & Company plc 
 
 Paul Shackleton / Christopher Theis   Tel: +44 (0) 207 776 6550 
 
 
Media enquiries: 
 Abchurch Communications 
 
 Sarah Hollins / Nick Probert       Tel:  +44 (0) 20 7398 7715 
 
 nick.probert@abchurch-group.com        www.abchurch-group.com 
 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Atlantic Global Plc via Thomson Reuters ONE 
 
[HUG#1474886] 
 

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