Certainly worth further research. A very solid growth company in my eyes. Could take off over the coming months. Nigel Wrays latest 'little baby'.

NETWORKERS INTERNATIONAL PLC
('Networkers' or the 'Group')

Admitted to Aim earlier this year.

Networkers, is pleased to announce that following a reverse takeover of
Streetnames PLC, which was announced on 28 April 2006, the Group is now trading
on AIM under the new name of Networkers International PLC with the ticker
'NWKI'.

The consideration for the acquisition was 22 million, which was satisfied by
the issue of 84,615,377 consideration shares, issued at 26p per share following
a 20-for-one share consolidation The Group now has 92,115,377 ordinary shares in
issue.

Seymour Pierce is acting as the Nominated Adviser and Broker to Networkers
International.

The Group operates principally in the mobile telecommunications and technology
industry with over 85 per cent of its business in international mobile
telecommunications. The market for mobile telecommunications is growing rapidly
particularly in the emerging markets of Africa, Middle East, Asia and Latin
America

As part of its growth strategy, the Group has concentrated its resources in
emerging markets and as such 56 per cent of the Group's business is derived
from Africa, the Middle East, Asia and Latin America. In addition to emerging
markets, the Group is providing high level third generation ('3G') resources to
its clients in the developed markets of Europe and North America.


-ENDS-

Enquiries:

Networkers International 020 8658 1188
Spencer Manuel, Managing Director
www.networkersint.com

Seymour Pierce Limited 020 7107 8000
Sarah Wharry, Director

Bishopsgate Communications Ltd 020 7430 1600
Maxine Barnes
Scott Robertson
www.bishopsgatecommunications.com

Information on Networkers

Background
Networkers was founded in the UK in 2000 by Spencer Manuel, Jon Plassard and
Kevin Pope to exploit a niche in the provision of skilled mobile
telecommunications personnel to emerging regions of the world. The Group has
grown organically since its inception to a turnover of 21.8 million for the
year ended 31 May 2005. Networkers began trading in the UK in 2000 and in 2001
formed an associate company with a Saudi Arabian technical personnel provider.
In June 2004, the Group began trading in the US following the establishment of
its first US office, in California. The Group has since developed organically
into an international provider of technical resources.

Trading
During the year to 31 May 2005 profits grew to 2.6 million from 1.3 million
the previous year on sales of 21.8 million - up from 11.6 million in 2004.
Networkers' audited results for the six months to 30 November 2005 show a
profit before tax of 1.9 million from turnover of 18.7 million (six months to
30 November 2004 profit before tax of 1.5 million from turnover of
9.3 million). Due to the effect of seasonality, whereby contractor numbers
typically decline at 31 December and then build up again during the first half
of the year, profit is not evenly distributed throughout the financial year.

Strategy
Networkers International has a clearly defined strategy to deliver controlled
expansion through predominantly organic growth. The Board of Networkers has also
identified opportunities to accelerate growth whilst complementing the Group's
service capabilities and market reach through small bolt on acquisitions.

Networkers places skilled telecommunications engineers in various
countries throughout the world with telecoms vendors and operators including
Alcatel, Safaricom, Wataniya, Nortel Networks, Siemens, Ericsson and
Vodafone.

The Group has access to skilled contractors able to provide a wide
range of services from project management, design and implementation of
telephone exchanges and networks, billing and operations and maintenance.

It concentrates mainly on temporary contractor placements, typically ranging
in length from three to six months.

In addition to its core telecommunications contract placement business,
smaller element of the Group's business involves the placement of
specialist IT personnel into permanent and contract positions with the
Group's clients predominantly in Europe and the Middle East.

The IT contractors are principally engaged in the areas of enterprise
resource planning, billing, customer relationship management and converging
technologies in mobile data.

Due in part to the Group's provision of skilled expatriate labour to those
regions lacking in the necessary resource, the Group is able to command an
attractive margin on contracts in the emerging or developing regions in
which the Group is active.

The high demand for skilled resource means that a key component of the business
is the ability to attract skilled contractors. The Group has built up a good
reputation with candidates in the emerging markets and is well known to
international telecommunications engineers who apply to the Group directly. Its
business is focused in broad technical areas and the objective is to ensure the
Group's extensive candidate database is current and anticipates its clients'
technical requirements.

The Board
Neville Roger Goodman, aged 59, (Non Executive Chairman)
Roger is currently an executive director at MITIE Group plc. Roger joined
MITIE Group plc in June 1993 and was appointed to the Board in August 2001.
Prior to joining MITIE Group plc he was a director at Initial Limited and was
previously at HAT Group Limited.

Spencer Manuel aged 32, (Managing Director)
Currently Networkers' Managing Director, Spencer has worked in the
telecommunications recruitment industry for over nine years having previously
been Managing Director of another telecommunications recruitment company.
Spencer was part of the founding team at the Company and has assembled an
extremely professional and experienced sales and management team. Spencer leads
and directs the Group in developing, implementing and driving the Group's
international strategy. He represents the organisation to the financial
community, major customers, government agencies, Shareholders, and the public.

Jonathan Plassard, aged 35, (Finance Director)
Jon is a Chartered Accountant with significant experience of international
accounting and corporate finance gained with BDO Stoy Hayward. Jon heads up the
financial team in the UK and the finance managers in the international offices
report into him. Jon was part of the founding team at the Company and brings
considerable financial experience to the Board. He is integral to the global
growth aspirations of the Company through the financial control of the Group.

Kevin Pope, aged 34, (IT Sales Director)
Kevin has over 11 years' IT Recruitment experience. Kevin was part of the
founding team at the Company having first spent 6 years with Paragon IT
Recruitment Limited. Kevin has built up a sales team specialising in the
recruitment of enterprise resource planning and customer relationship management
professionals across SAP & the Oracle eBusiness Suite and in 'converging
technologies' of mobile data.

Nigel Wray, aged 57 (Non Executive Director)
Nigel Wray has been a prominent investor in the property and equity markets
since 1986. He has previously held directorships and significant shareholdings
in companies including Singer & Friedlander Group plc, Carlton Communications
plc and Burford Holdings plc. He was a non-executive director of People's Phone
Company plc, Skyepharma plc, Chorion plc and Urbium plc. He is currently a
non-executive director of a number of companies including The English Wines
Group plc, Healthcare Enterprise Group plc, The Greenhouse Fund Limited,
Play Holdings Limited, WILink pc and Domino's Pizza UK & IRL plc. He is a
director and major shareholder of the private investment group, Prestbury
Investment Holdings Limited and a partner in and member of the management board
of PIHL Equity LLP, a private equity business de-merged from Prestbury
Investment Holdings Limited in March 2006 and is also the Chairman and major
shareholder in Saracens Rugby Club.

William Astor, aged 54, (Non Executive Director). William is deputy chairman of
Chorion Plc, non executive director of the European Growth and Income Trust plc
and a number of other companies. He is an Opposition Spokesman in the House of
Lords. William was Parliamentary Under Secretary of State in the previous
Conservative administration.

DYOR.
cheers GF.

A little early for charts to make any sense but here we go.....

News in this morning...

Networkers raises 7 mths pretax 31 pct
AFX


LONDON (AFX) - Networkers International PLC raised its pretax profit in the seven months to June 30 2006 by 31 pct to 1.7 mln stg from the 1.3 mln reported for the comparative seven month period a year earlier.

The AIM listed technology recruitment company increased turnover by 47 pct to 22 mln stg from 15 mln.

The group said trading in its specialist emerging markets remains robust and the group is outperforming its internal targets regarding new business written.

Managing director Spencer Manuel said reorganisation of the group in the period under review has given a more focused and structured approach to not only winning new customers but also cementing existing ones.

'We are delighted with the continued progress at Networkers.'

The group is focussing on ways of increasing the number of contractors renewing contracts with Networkers International PLC and also broadening the client base within the regions. The group has had considerable success over the period trading with more new customers in different countries.

Networkers also said it continues to look for earnings enhancing acquisition targets in its sector and believes that the group can derive benefits of scale from such acquisitions.



newsdesk@afxnews.com

slm

Nice tick up today on good company update.

MSB International reports pretax profit of 0.7 mln stg
AFX


LONDON (AFX) - MSB International PLC said it performed well in the six months ended July 31 despite the uncertainty of being taken over, as agreed on Sept 29 with Networkers International plc.

The integrated recruitment services provider in its interim results reported higher pretax profit of 0.7 mln stg for the first half from 0.2 mln stg recorded last year.

The company recorded a 5.8 pct rise in its sales to 49.8 mln stg from 47.1 mln stg and reported higher earnings of 1.60 pence a share from 0.54 pence a share.





newsdesk@afxnews.com

tfn-ban-ssr/slm

Networkers International PLC
16 October 2006



Recommended Cash Offer for MSB International PLC ('MSB')
by
Seymour Pierce Limited ('Seymour Pierce') on behalf of
Networkers International plc ('Networkers')

Further to the announcement made on 29 September 2006 regarding the recommended
offer for MSB by Seymour Pierce on behalf of Networkers, the Offer Document
containing, amongst other things, the details of the Offer has today been posted
to shareholders of MSB and, for information only, to participants in MSB share
schemes. The first closing date of the Offer is 1.00pm on 6 November 2006.

The acquisition of MSB, should the Offer become unconditional in all respects,
will constitute a reverse takeover pursuant to the AIM Rules. Accordingly,
shareholders of Networkers are being asked to approve the acquisition of MSB in
general meeting. An admission document containing a notice convening an
extraordinary general meeting of Networkers to be held at 10.00am on 2 November
2006 was today posted to shareholders of Networkers together with the Offer
Document.

Copies of the Offer Document will be available for inspection during normal
business hours on any weekday (Saturdays, Sundays and public holidays excepted)
whilst the Offer remains open for acceptance at each of the offices of Seymour
Pierce Limited, Bucklersbury House, 3 Queen Victoria Street, London EC4N 8EL,
Collins Stewart (9th Floor, 88 Wood Street, London EC2V 7QR) and MSB (Hanover
Place, 8 Ravensbourne Road, Bromley, Kent BR1 1HP). Copies of the Admission
Document will be available to the public free of charge during normal business
hours on any weekday (Saturdays, Sundays and public holidays excepted) until at
least 3 December 2006 at the offices of Seymour Pierce Limited, Bucklersbury
House, 3 Queen Victoria Street, London EC4N 8EL.

Starting to get some momentum behind it.

Its on a roll.

GF , Where did the money for the MSB purchase come from ?

NWKI was in the Investors Chronicle today which said it was good value compared to its peer at a 25% discount. I like the overall story as it looks like Networkers has got itself a little niche that could be very lucrative. I'll probabaly be in as soon as I can release funds.

Solid results...

Networkers 13-mth pretax 2.8 mln stg; optimistic for future
AFX


LONDON (Thomson Financial) - Technology recruitment firm Networkers International PLC reported a pretax profit of 2.82 mln stg on a turnover of 46.34 mln stg for the 13-month period to Dec 31, adding it is optimistic for the future.

In the year to Nov 30, 2005, Networkers posted a pretax profit of 2.96 mln stg on turnover of 27.0 mln stg. The 13-month reporting period to end-Dec 2006 reflects changes in the company's accounting policy.

Networkers said the integration of MSB International PLC, which it acquired in November, is progressing ahead of schedule with significant new business wins already achieved.

'We will continue to look for earnings enhancing acquisition targets in our sector, and I remain optimistic for the future of the group,' chairman Roger Goodman said in a statement.







TFN.newsdesk@thomson.com

ssr/pmi/vlb

From GCI site..

Networkers International - SPECULATIVE BUY
Companies: NWKI
10/05/2007

Jon Moulton and Nigel Wray (a non-executive director) are backers of tech recruiter Networkers, which reversed into shell outfit Streetnames in April 2006 and focuses on the supply of telecommunications contractors in emerging markets.

Under youthful chief executive Spencer Manuel, Networkers issued positive numbers for the 13 months to December with total revenues burgeoning 61% to 54m and normalised pre-tax profits growing from 3m to 3.6m. Margins were maintained despite investment in the groups global office network.

The financials included a mere one-month contribution from IT contract placement business MSB, acquired for 16m cash in November, dramatically scaling up the business and bringing access to its core IT markets. Stripping out MSB, an acquisition bringing new business as well as cost benefits, there was encouraging 28% sales growth within the profitable core business to 43m.

2006 was a year in which Networkers extended its global footprint in buoyant global telecoms markets through its Europe/Africa, Americas, Middle East and Asia Pacific divisions. Its unique selling point is a local presence in emerging regions enabling the group to support customers and contractors within the same time zone. Manuel is now able to sell MSB services into the groups network to capture convergence within telecommunications and IT.

This year, Alan Matthews at Seymour Pierce forecasts pre-tax profits of 4.2m from a top-line of 157m as MSB sales benefits bloom, ahead of 5.4m from revenues of 164m for December 2008. Those numbers produce earnings of 3p and 3.9p per share, placing Networkers on undemanding forward multiples of 13.5 and 10.4. Boasting an unbroken profits record, tapping into some burgeoning global markets and with the full MSB kick to come, Networkers looks an intelligent bet although investors should be mindful of historic tech sector cyclicality.

James Crux
Market cap: 37.3m
PE Forecast: 13.5
Share price: 40.5p

Sound trading update out this morning...

Networkers International PLC
17 July 2007





17 July 2007



NETWORKERS INTERNATIONAL PLC

('Networkers' or 'the Group')

(AIM: NWKI)



TRADING UPDATE



The Board of Networkers, the AIM listed telecoms and technology recruitment
company, is pleased to provide shareholders today with a trading update for the
half year ended 30 June 2007.



Highlights



Turnover and profits in line with expectations;
Market conditions remain robust in all key business streams;
Group benefiting from overhead cost reductions within MSB;
Contractor retention over the period has improved.



Networkers enjoyed strong trading throughout the period, in line with the
Directors' expectations. The results for the period will, for the first time,
fully include MSB acquired in November 2006. The Group has benefited from cost
savings within MSB as a result of the closure of offices, surrender of leases
and a more streamlined management team.



The group has seen strong Net fee Income growth in all key business streams.



With established offices in 11 countries worldwide including the United States,
South Africa, China and Dubai, Networkers is committed to achieving growth in
emerging markets both organically and through strategic acquisition.



The Group continued to strengthen existing client relationships in all
divisions, winning some significant new contracts and renegotiating others.



The Directors are pleased to see new institutional investors joining the
register confirming the Directors' view of the exiting prospects of the Group.



Spencer Manuel, Chief Executive of Networkers, commented: 'We expect that the
Interim Results will confirm that the 6 months of trading to 30 June 2007 have
resulted in targets being achieved. Networkers continues to enjoy strong demand
for its services from its existing clients both in the UK and in its
international business market, and also to concentrate on winning new accounts
to grow the business organically. The Group will continue to look for the right
earnings enhancing acquisition targets in its sector, although we are not in any
advanced negotiations at present'



---ends---



Enquiries:


Networkers 020 8658 1188
Spencer Manuel, Chief Executive

Networkers International "buy," target price raised

Tuesday, July 17, 2007 4:36:12 AM ET
Seymour Pierce

LONDON, July 17 (newratings.com) - Analyst Alan Matthews of Seymour Pierce maintains his "buy" rating on Networkers International Plc (ticker: OXHA), while raising his estimates for the company. The 12-month target price has been raised to 65p.

In a research note published this morning, the analyst mentions that the company has released a positive trading update for 1H. Networkers International has achieved cost savings through the combination of the MSB and Networkers overhead structure, the analyst says. The core Networkers business has posted robust results for the period, Seymour Pierce adds. The EPS estimate for 2007 has been raised by 10% to 3.3p.

rather good interview with the CEO on the interim results on London South East webcast