SPS Superscape

RNS Number:7839H
Superscape Group PLC
15 November 2007



                                                                15 November 2007

                              SUPERSCAPE GROUP PLC
                                        
                          INTERIM MANAGEMENT STATEMENT

Superscape today issues its Interim Management Statement as required by the UK
Listing Authority's Disclosure and  Transparency rules for the period from 1
August 2007 to 31 October 2007.

Organic Growth

Publishing revenues increased by 31.0% as compared to the same period during the
prior year and by 29.8% over the  second quarter of the current year. Publishing
revenues now account for 100% of total revenues in the current period  (3rd Qtr.
2006: 92% of total revenues/ 2nd Qtr. 2007: 99% of total revenues).

Third quarter trading continued to grow with revenues for the period increasing
by 20.9% as compared to the same period  during the prior year and by 29.7% over
the second quarter of the current year.

Gross Margins

Overall gross margins for the third quarter were 72.2% (3rd Qtr. 2006: 71.4%;
2nd Qtr 2007: 76.9%). The current quarter  gross margins were negatively
impacted by the sale of handsets with embedded games (not to be confused with
the  pre-loaded games) derived from licensed intellectual property. These sales
typically carry higher royalty rates than  normal carrier based sales of
licensed intellectual property. Excluding these embedded game sales, gross
margins would  have been 79% for the current quarter as a greater percentage of
revenue continues to be derived from the Group's own  intellectual property.

Operating Expenses

The Company has continued its focus on operating expense levels. As a result,
operating expenses before depreciation  and amortisation have decreased by 9.4%
over the same period in the prior year and 6.1% over the second quarter of the 
current year.

Financial Position

The Company's balance sheet remains strong with US$11.1m in cash at 31 October
2007, up from US$10.7m at the half year.  During the first three quarters of the
current year, the Company acquired ownership of 6 new game titles for a total of
US$1.2m. There have been no other significant changes in the financial position
of the Company over the period since  the publication of the report and accounts
for the year ended 31 January 2007.

Market Position

The Company is now ranked among the Top 5 North American mobile games publishers
according to the Nielsen Mobile  Research report for Q3 2007. It has risen to
this position in the rankings just 5 months after entering the top 10 in  April
2007.

Outlook

The Board expects that the growth in publishing revenues and gross margins
should continue for the balance of the year  and into next year. The Company has
a strong net cash position and with a continuing strong focus on operating
costs,  the Board has increasing confidence in the Company's financial
performance.

Kevin Roberts, CEO Superscape Group plc, commented "With the Company's improving
position in the North American mobile  games market and our strong performance
during the third quarter, we continue to be optimistic that we will make 
further progress in the remaining months of this financial year and beyond."




For further information, please contact:

Superscape Group plc                  Tel: +44 (0)1256 745 769
Maggie Templeman,

Director, Corporate Communications    Email:  mtempleman@superscape.com
Hudson Sandler                        Tel: +44 (0)20 7796 4133
Jessica Rouleau



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

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