VICP Vicorp

RNS Number:4991A
Vicorp Group PLC
19 July 2007

Embargoed until 7am     19 July 2007


                                Vicorp Group Plc

                   ("Vicorp", "the Group", or "the Company")




                                 Trading Update


Vicorp Group Plc (Ticker: VICP), a market leader for advanced communications
solutions software in the telecoms industry, is pleased to announce that it
expects to be comfortably ahead of current broker projections for the full year
2007, based on the volume of business currently on hand. The Company will
publish its interim results in late September, further updating the market on
progress.


The Group, which raised #1.62 million when it moved from PLUS Markets to AIM in
June 2007, provides telecoms solutions to large enterprise clients such banks
and insurance companies that have a high dependency on voice response systems.
The Group can report that it is currently closing a number of new orders, which
it expects to complete in the second half of the year.


The Group has also appointed its first Director of Professional Services in line
with the development of its services business.




Brendan Treacy, Chief Executive of Vicorp commented:


"We are excited by the recent developments in the business, leading us to expect
a significantly reduced loss for calendar year 2007. The transition to AIM and
subsequent fund raising was a positive step forward for the Group and will
enable us to establish a dominant position in our home market ahead of overseas
expansion. Our cash position is also expected to remain stable this year."


                                     -ends-


For further information, please contact:


Vicorp Group Plc     01753 660 500

Brendan Treacy, Chief Executive


Conduit PR          020 7429 6666

Christian Taylor-Wilkinson, Charlie Geller or Anouska Widdess


Notes to Editors:

Vicorp's chief operations are the design, development and sales of software
tools and professional services, that enable organisations to create and manage
interactive voice services for consumers. This a very topical issue as many
large organisations struggle to overhaul outdated contact centre voice
technology in an effort to retain customers.

Vicorp's tool suite (called xMP), allows advanced voice services to be
implemented in much shorter timescales than traditionally possible and can allow
clients to gain more hands-on control of this interface with consumers, which
has remained in the hands of specialist suppliers in the past.


The tools also implement speech recognition to reduce the time and resources
needed for customer queries, and depending on the callers' response, retrieves
the requested information or diverts the call to the next appropriate question.


xMP enables voice and data services to be created in a screen-based "drag and
drop" graphical environment and allows many aspects of service creation to be
split out into simpler routines that can be managed discretely. This enables
such tasks to become open to, and used by, non-technical people, such as sales,
marketing and customer services managers, who are relatively unfamiliar with
complex telephony software. The benefits to consumer businesses with volume
telephony lines are proving significant.


Vicorp was considered "the leading independent vendor of service creation tools
in the market" by Datamonitor in March 2007


The Company listed on AIM, part of the London Stock Exchange, on 21 June 2007.





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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