http://www.nipson.com


Overview
Nipson Digital Printing Systems PLC develops and manufactures printing solutions which meet the quality, speed, reliability, cost and variable content requirements of the high speed black and white digital printing market.

From its Manufacturing and R&D plant based in Belfort, France and with subsidiaries or representative offices in the United States, Germany, The United Kingdom and Malaysia, Nipson markets its products and services worldwide, covering more than 70 countries through a network of value added distributors and/or a strong direct sales force.

Value
Nipson provides the most cost-effective, flexible digital printing equipment in the industry today. Companies in publishing, print-on-demand, transactional, financial, and security printing all benefit from Nipson's unmatched combination of production throughput, reliability, and flexibility. It is this unique combination of benefits that gives Nipson users worldwide a competitive edge in important markets.
The technology behind Nipson's success is magnetography, which uses a magnetic print drum combined with flash toner fusion. Introduced nearly two decades ago, magnetography has provided users with an unsurpassed combination of high speeds, low total cost per page, and total application flexibility. Nipson's continuous investment in advancing its technology gives users an important advantage to grow their business: print beyond limits.

Facts

54 Million shares in issue with over 55% not within circulation.

Expects a strong Q4 where unplaced order are received.

Recurrent sales in the first 9 months continued to grow, increasing by
2.1% compared to the same period of 2006;
Equipment sales in the first 9 months, decreased by 51.5% compared to
the same period of 2006, principally in the Americas; and
Cost reduction programmes continue to make their contribution, but gross
margins have continued to be affected by a weak US Dollar.
The nine month period under review has been one of considerable change in terms
of implementing both new technology and additional supply arrangements and this
is reflected in the results. New equipment sales for the last quarter of the
year are expected to show an improvement, but low equipment sales in the earlier
months of the year, as previously reported, means that the results for the full
year will be materially below our initial hopes.
Rimon Ben-Shaoul, Chairman, commenting on the results, said the following:
"The growth in our recurrent revenues is encouraging. I believe the fourth
quarter will show an increase in equipment sales.

Hi Bayliss hopefully the Q4 update will spark continued interest.

A 20K buy on Friday knocked this up on the bid so would expect that any continuation will see a substantial rise.

Still moving higher and poised to move to double digits.

Volume starting to build now and with only 54M shares out there with over half tightly held this could continue it's move higher.

Stormin Norman

Only 50K available on the offer now.

Any body know why this one has jumped 125%???