Matrix Communications Group plc

('Matrix' or the 'Group')

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 APRIL 2004

Matrix Communications Group Plc ('Matrix' or 'The Group'), the UK's
communications integrator of choice for leading edge technologies, today
announces its unaudited results for the six months to 30 April 2004.

Highlights

* Turnover up 3,381,000 to 3,697,000

* Gross profit up 1,493,000 to 1,640,000

* Group Pre-tax profit up 822,000 to 550,000 (including minority interests)

* Net Assets up 3,146,000 to 4,473,000

* loss-making satellite communications business sold in January for 30,000

* acquired and successfully integrated three profitable IT companies during
the last 6 months in line with its core strategy

Ian Smith, CEO, commented:

'This has been a defining period for the company and we are delighted to be
reporting on the success we have achieved over the six months. As well
achieving significant organic growth from our existing businesses we have
delivered on our core objective to extend our offering and client base through
acquisition. Over the period we have succeeded in acquiring and integrating a
further three companies into the group, transforming Matrix into the UK's true
integrator of choice. As an enlarged Group we have recently won contracts with
Vodafone, B.A.R Honda and The London Internet Exchange and have engaged in a
number of talks for other exciting contracts. Looking forward, the challenge
for us now is to capture the consolidated cost efficiencies in the enlarged
Group and exploit the numerous cross-selling opportunities that are available
to us through our matured commercial relationships with our present client
base. In this period we have made great progress in turning the company around
and building a solid base of recurring revenues and high margin product mix
with leading blue chip companies. I look forward to reporting to you on our
future progress'


molatovkid - 01 Jun'04 - 07:34 - 173 of 173 edit



Embargoed Release: 07:00hrs Tuesday 1st June 2004

Matrix Communications Group Plc

(`Matrix')

Re Agreement

The Group has concluded heads of terms to acquire a profitable mid-tier
distribution business from the 1st August. This will enable Matrix to continue
to develop its market position and maintain its strong margin growth by
strengthening its key vendor relationships.

As emerging technology segments start to cross over and consolidate, it is very
important that the Group has access to Key Vendor relationships so that 'best
of breed' solutions can be offered to it's customers.

The current annual turnover of the business is 5.5m.

Further Information:

Ian Smith, CEO

GOT TO BE 20P THIS YEAR SURELY

ESPECIALLY AFTER ALL THE HARD WORK IVE PUT IN STAREING AT THEM

I agree with wantu777 - I too am staring them up to a minimum of 20p - I keep hearing how they are going to sore! Well I am sitting long term on these and once they hit 7p going to buy loads more. Good luck all.

fonty hi i dont get it why buy at 7p and not now when price is lower? i have stared them up further today fonty

Embargoed Release: 07:00hrs 1st July 2004
Matrix Communications Group plc

(`Matrix' or the `Group')

Acquisition

Matrix Communications Group Plc is pleased to announce that it has signed Heads
of Agreement for the acquisition of a specialist systems integrator (the
`company').

In line with the Group's strategy of building the UK's systems integrator of
choice for leading edge technologies, the company is a well-established highly
complementary business that will contribute to profits of the Group from the
date of acquisition. Further to direct profits contribution to Matrix, the
acquisition will further broaden the cross-selling opportunities that exist
within the Group.

A fuller statement regarding this proposed acquisition will be made in due
course.

-Ends-

Further Information:

Ian Smith, CEO

Matrix Communications Group Plc: 01342 871 888

Andrew Tan

Hansard Communications Plc: 020 7245 1100

ORAKLE HI CAN YOU EXPLAIN WHAT THIS NEW NEWS MEANS EXACTLY AND SHOULD OUR SHARES RISE BECOUSE OF THIS CHEERS

Its good news, Matrix has made another acquisition of a specialist systems integrator. Shares SHOULD rise but its not always the case.

Your spelling, typing is awful wantu777... It's great news potentially... Hang on for more rises as the broker said should be priced at 4.75p at present levels so this may add more evenutally...

HUMBUG BALONY THIS SHARE CANT CUT THE MUSTARD DOWN IT BLOOMING GOES AGAIN

Matrix Communications Group plc

('Matrix' or the 'Group')

Multiple Contract Win

Matrix Communications Group plc (`The Group') is pleased to announce that it
has won a series of contracts with Guardian Newspapers Limited (`GNL').

Following these contract wins, the Group is now responsible for delivering a
complete array of integrated network solutions to GNL. Historically Matrix has
supplied network solutions to Guardian Unlimited (part of GNL) and following
today's contract wins will now supply GNL with network solutions and Voice over
IP (VoIP) solutions through its Matrix Network Solutions arm, VoIP solutions
through Decorum Networks, 24 hour technical support through Norwood Adam
Technical Services and security solutions through Intrinsic Networks ltd.

As such, Matrix Communications Group is now responsible for delivering a high
performance, cost-effective, reliable and secure network communications
solution to GNL.

Of specific importance to the Group is the combined nature of the contract
wins, which is testament to the Group's ability to capitalise on its commercial
relationships to maximise value through its cross-selling model. It has been
the specific intention of the Board to create a high quality single network
communications solution provider and the decision by GNL to extend its business
across the various entities of the Group is a significant landmark in achieving
this goal.

Ian Smith, CEO, commented:

'To date we have been extremely successful in creating a Group with the
potential to provide customers with a complete network communications solution
while maintaining a high degree of specialisation. For some time now we have
been aware of a growing demand for a network integrator that can deliver a high
performance network communications solution that is reliable, secure and fully
supported. With these contract wins I feel we have proven ourselves to be such
an integrator.

The GNL is a very high profile organisation and they have made clear from the
outset the high standard of network solutions they require in terms of
performance, reliability, security and support. I am extremely pleased to have
won the confidence of GNL and look forward to extending our offerings in a
similar fashion to both new and present customers'

-End-

wantu777, now what do you say, lol.

THIS SHARE NEEDS A BOMB UNDER IT , BY THE WAY ITS WANTU777 HAD LOTS OF PC PROBS , HOW ON EARTH CAN A COMPANY BE WORTH MUCH LESS THAN THE 5P IT HIT FOR 10 MINS ABOUT 2 MONTHS AGO AFTER 3 GOOD CONTRACTS, IT STARTS GOING UP AND THEN WALLOP DOWN IT BLOOMING GOES GGGGRRRRRRRRR...

When is the share price gonna start going skyward??? Can't wait!!!

WATCHING THIS SHARE IS LIKE HAVEING NEEDLES POKED IN YOUR EYES

i agree with you pluto999,what does this company have toannounce for the price to go beyond 5p,

It comes to those who are patient... This company has huge potential in the future it is just starting to put final pieces in the puzzle, the future looks bright.

THE FUTURE LOOKS BRIGHT, I REALLY WISH I SOLD MY LOT ON MON WHEN THEY HIT 3.75 WOULD OF LOST A BIT ON SOME I BOUGHT FOR 4P BUT OTHERS I PAID LESS FOR WOULD OF BROKE EVEN BUT NOW TOO LOW AGAIN, NEED TOO MOVE TOO MORE EXCITEING SHARES....NORMALLY I ONLY STAY WITH SHARES ABOUT A WEEK , BUT 3 MONTHS WITH THIS DONKEY....

This is a 2 year hold at least. Telecom sector getting a bit of bad press at the moment, nokia sales down, virgin about to float but concerns on growth etc
This is quite a new company and stage 1 of 10 is coming to completion. Info from other posters on other boards seem to think that this share should stay between 3.10 - 3.65 but if it breaks 3.10 there is support at 2.86.
Short term is bearish ish but by year end and some solid news with figures such see this share spike quite quickly.
Anyway daily monitoring is not needed for me chill and have another cool beer!
imho dyor.