RNOW Research Now

    RNS Number : 2393J
  Research Now plc
  01 December 2008
   





 Date:     Embargoed until 07.00am, Monday 1 December 2008

 Contact:  Chris Havemann (Chief Executive Officer)
           Nathan Runnicles (Chief Financial Officer)
           Research Now
           Tel: +44 (0)20 7921 2400
           Corporate Website:  www.researchnow.co.uk

           Alistair Mackinnon-Musson      Mark Williams
           Nathan Field                   Henry Fitzgerald-O'Connor
           Hudson Sandler                 Canaccord Adams
           Tel: +44 (0)20 7796 4133       Tel: + 44 (0)20 7050 6500
           Email:  rn@hspr.com


    Research Now plc

    Pre-close Trading Update

    Strong Full Year - Results Ahead of Expectations

    Research Now plc (AIM: RNOW), a leading global online fieldwork provider to the market research industry, is pleased to make the
following trading statement in relation to the year ended 31 October 2008, ahead of announcing its Preliminary results on Monday 2 February
2009.

    Highlights

    *     Results ahead of market expectations
    *     Reported revenues of �41 million, representing growth in excess of 55%
    *     Operating profit up 120% to around �6.2 million, 10% ahead of market expectations
    *     Strong cash generation 
    During the year ended 31 October 2008, reported revenues grew by over 55%, reflecting strong trading performances across all of the
Group's territories. 

    The Group's operating margin also improved during 2008, to over 15% from 10.9%* in 2007, on operating profits up �3.4 million to around
�6.2 million - 10% ahead of market expectations.  

    Profit growth and improved working capital management generated free cash flow of over �6m. After repaying its debt facilities, the
Group ended the year with cash of �7.8 million.

    During 2008, the Group increased investment in its proprietary 'Valued Opinions' panel network and expanded into Asia, establishing
eight new online access panels to take its worldwide coverage to 36 countries. Other future growth initiatives in the year included a
partnership with Reed Business Information to launch business-to-business panels and the signing of an agreement to establish a joint
venture in China. 

    Commenting Chris Havemann, Chief Executive, said:

    "The year has been one of significant progress both financially and operationally. All our business units have performed well and we are
particularly pleased with the progress made to improve cash generation and margins, despite the continued investment in our panel network
and other new initiatives".   

    "Although we must be mindful that our new financial year is only a few weeks old and it is therefore too early to extrapolate, demand
for our high quality online fieldwork and panel services remains strong despite the economic conditions worldwide."


    * Adjusted profit of �2.8 million, before non-recurring charges of �0.5 million


    - ENDS -

    Notes to Editors:

    *     Research Now is a leading international online fieldwork and panel specialist
    *     Research Now's 36 proprietary, research-only online panels across Europe, the Americas and Asia Pacific, are used by leading
research agencies and some of the world's best known companies
    *     Research Now has 15 offices -  London, Paris, Frankfurt, Hamburg, Munich, Athens, New York, Toronto, Chicago, San Francisco,
Dallas, Los Angeles, Shanghai, Sydney and Melbourne
    *     Research Now is an independent public company quoted on the AIM market of the London Stock Exchange (AIM: RNOW)

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