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Henley-on-Thames, 29 June 2009 - Portrait Software plc (London: PST), a leading provider of Customer Interaction software, announces today its preliminary results for the year ended 31 March 2009.
Luke McKeever, Chief Executive of Portrait Software, commented: “Since my arrival seven months ago, the Company has worked hard on its sales and marketing execution and I am delighted to report that this focus is now generating positive results, with the increase in licence sales over this period being a great indication of Portrait’s growth potential.
“Perhaps of equal importance has been our ability to increase sales back into our customer base, with 19 out of 34 licences sold to existing customers, a compelling demonstration of the quality of our people and our software applications. This combined with our high level of recurring revenues provides a strong financial underpin for the coming year.”
“Operational improvements combined with our alignment to current market demands has resulted in an increase in customer revenue opportunities. Demand for our applications is strong and we have several significant deals in the pipeline. We are looking forward to a year of profitable growth at Portrait.”
|Portrait Software plc||Singer Capital Markets Ltd||ICIS|
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