Zamano reports profits hike

Mobile data services provider zamano has reported satisfactory turnover and profits at the end of 2006 following successfully listing on AIM just a few months ago on October 31.

With continued positive trading and strong profitability and cash generation plans are afoot for a supplementary listing on the Irish Enterprise Exchange (IEX) of the Irish Stock Exchange.

Members of the board of zamano hope that the decision to list on the IEX will further broaden the shareholder base and enhance liquidity.

NCB have been appointed as advisers in this regard and trading on IEX should commence by 26 February 2007.

Non-Executive chairman Rod Matthews said today: "Our listing on AIM and the successful conclusion of the years trading to 31 December 2006 have created the base for continued growth in 2007.

"Our good trading performance has been driven by progress across all areas of our operations. The intended recruitment of a finance director and the supplementary listing on IEX all underpin shareholder value in zamano, and we look forward to 2007 with confidence."

The Group will release results for the full year to 31 December 2006 on 26 March 2007.