QTI Qonnectis

    RNS Number : 2682L
  Qonnectis plc
  07 January 2009
   

    Qonnectis plc
    ("Qonnectis" or the "Company")

    Trading Update

    The Directors of Qonnectis (AIM: QTI), the data monitoring service provider for utilities and users of energy and water, announce that
sales for the six months to 31 December 2008 were materially lower than in the corresponding period of the previous financial year.

    The principal reason for this shortfall in sales is that last year's first half figures included delivery of a major order which has not
been repeated in the first half of this financial year.

    The Directors cannot at this stage determine whether these missed sales will be secured in the second half of the current financial
year.  Accordingly, results for the current financial year are likely to fall significantly below market expectations. The Company continues
to expand its client base and intends to build upon this to increase its sales.

    7 January 2009
    Enquiries:

    Qonnectis plc
    Guy Chant, Interim Chief Executive                    01932 788299

    FinnCap                                                           0207 600 1658
    Nominated Adviser
    Clive Carver

    Lothbury Financial Limited                            0207 011 9411
    Michael Padley / Louise Davis

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