TPA Triplearc

RNS Number:8172O
TripleArc PLC
27 February 2008

27 February 2008


                                 TripleArc Plc

                                 Trading Update

TripleArc Plc ('TripleArc' or the 'Group'), the Aim listed provider of technology 
enhanced print management solutions, announces a trading update in advance of the 
release of its preliminary results for the year ended 31 December 2007.

Good progress has been made in advancing the Group's core strategy of providing
contracted long term print management and business communication solutions
evidenced with eight new contracts / frameworks signed during the year. Each of
these contracts / frameworks will have annualised turnover of between �0.3m and
�2.0m. During the period the Group also extended two existing contracts for a
further 2 to 3 years with combined annualised revenues of �2.5m.

The new business and contract extensions have resulted in a 10 per cent increase
in the Groups contracted revenue base which gives further stability to the
sustainability of its earnings.

However, as previously communicated, revenue from many core print management
customers was adversely affected by corporate activity within these customers
and the hardening market conditions in 2007.

Despite this in 2007 the Group saw a modest increase in overall revenues
compared to 2006 and it sustained prior year earnings, giving it a good
foundation for steady growth in 2008. Since the year end the Group has signed a
three year contract with another new customer with annualised revenue of �0.7m.

In addition the Group has continued to generate good levels of operating cash
flow and made debt repayments of �1.8m to its senior lender during 2007. Net
debt at 31 December 2007 was down to �13.6m versus �14.9m at 31 December 2006.

The preliminary results for the year ended 31 December 2007 are expected to be
announced in April 2008.
                            
                                    - ends -


Enquiries

TripleArc                                                     Tel: 0844 800 0567
Jason Cromack (CEO)
Richard Hodgson (CFO)

Altium                                                        Tel: 020 7484 4040
Tim Richardson / Sam Fuller

Weber Shandwick Financial                                     Tel: 020 7067 0700
Terry Garrett / Nick Dibden / James White



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

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