Company Info


IS Solutions was formed in 1985 and was initially involved in hardware sales and facilities management. In 1989, we expanded the company with the creation of a software development division, which facilitated our movement into the growing area of application development, and this evolution continued with our entry into the Internet market in 1994.

Since then, we have further broadened our expertise through acquisition. These have included:
•a team of graphic designers from Visual Assets to provide user interface, information architecture and marketing services;
•datafeeds provider AXL Performance Solutions for content delivery services and application development skills;
•support firm Candric to enhance the delivery of our range of IT services;
•content management consultancy Chapter26 to reinforce our web and enterprise content management capabilities.

Our differentiator is flexibility. We are agile and responsive and form long-term partnerships with our clients that facilitate growth in their technology needs as their businesses change. All of our solutions are underpinned by a full range of managed services including hosting, SaaS, infrastructure management and training and our employees undergo certification in all our product and service areas. We have also achieved ISO27001 accreditation to demonstrate that clients can entrust their most sensitive data to our care.

In addition, we have also forged strong partnerships with industry-leading hardware and software vendors. These include Adobe, CallMiner, EMC, EPiServer, IBM, Microsoft, Oracle, SAS, Celebrus Technologies and WebTrends and cover solutions around web analytics, online risk management, web and enterprise content management, security and web meetings and training.

IS Solutions is a long-standing, established company with a strong balance sheet and stable financials. IS Solutions has been listed on the London Stock Exchange since 1997. Our stock code is ISL.


https://www.issolutions.co.uk/

Contract win

RNS


RNS Number : 4438Z

IS Solutions PLC

11 December 2014












I S Solutions Plc

(the "Company")



Contract win



In the Company's 2014 Half-yearly report released on 29 September, it referenced in its outlook, "a major Analytics contract which, if closed would enhance our second half performance."



The Board is pleased to update shareholders that final stage negotiations have now been successfully concluded with the major financial services business; the awarded contract which is initially for five years, will take effect on the date of signing which currently is envisaged to take place next week.



It is expected that a significant proportion of income from this contract will be delivered in this financial year. The business also has a number of exciting opportunities within its pipeline; this together with recent business wins and a number of projects coming back on stream bodes well for the future.

IS Solutions - Analyst interview, finnCap

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Acquisition of Speed-Trap Holdings Limited

RNS


RNS Number : 3882A

IS Solutions PLC

22 December 2014






Monday, 22 December 2014



IS Solutions Plc

("IS Solutions" or the "Company")



· Proposed Acquisition of Speed-Trap Holdings Limited

· Appointment of Director, and

· Change of Accounting Reference Date



Proposed Acquisition of Speed-Trap Holdings Limited

IS Solutions (AIM: ISL), is pleased to announce the proposed acquisition of Speed-Trap Holdings Limited, parent company to Celebrus Technologies Limited ("STH") for an aggregate consideration of approximately £7.5 million, to be satisfied partly in cash and partly by the allotment and issue of IS Solutions shares credited as fully paid ("Consideration Shares"), (the "Acquisition"). The cash element of the consideration will be c.£1.3 million which will be satisfied from the Company's existing cash facilities and an acquisition bank facility of £1.5 million.



Highlights of the Acquisition

· IS Solutions has conditionally agreed to purchase STH, a manager of highly detailed data feeds which provide individual consumer level data in relation to their interactions with websites, mobile applications and social media for an aggregate consideration of c.£7.5 million subject to an adjustment to reflect STH's net asset position at completion

· The Company will purchase the entire share capital of STH not already owned by it. At the date of this Circular, IS Solutions owns c.11% of STH shares

· Consideration will be satisfied partly in cash and partly by the allotment and issue of IS Solutions shares at a price calculated on the average closing middle market price for the 90 business days ended 19 December 2014

· Godfrey Shingles, the chairman of STH, will join the Board of IS Solutions as a non-executive director for a fixed term of one year

· Irrevocable undertakings have been promised from IS Solutions shareholders to vote in favour of the Acquisition representing approximately 75% of the existing issued ordinary share capital.



Strategic Rationale for the Acquisition

· Additional routes to market through partnering with large analytics companies using STH as a platform

· STH has a high quality base of customers including some blue chip corporates across banking, insurance, telecommunications, airlines, automotive, travel, governmental departments and education and training

· The Directors believe there are a series of cost savings to be gained through the absorption of a current trading partner.



John Lythall, Managing Director of IS Solutions, commented:

"The IS Solutions team looks forward to working more closely with STH and building on this solid partnership in the future, as having traded as a partner with STH for over 10 years we have a mutual respect and understanding of the businesses and culture."



"By acquiring the business and Celebrus brand it widens our portfolio offering and expertise as well as opening up a very exciting opportunity to access additional routes to market and new geographies; in addition, its high quality customer base significantly enhances our existing top class customer listing."



"The market for business intelligence and analytics is one of the fastest growing software markets. STH's product suite is well equipped to support the needs of key markets such as financial services, utilities and media organisations who are all looking at ways to individualise and personally target customers and thereby increase their ROI and productivity."

A Circular will be sent to shareholders on 24 December 2014 giving notice of a general meeting of IS Solutions to be held at

10 a.m. on 20 January 2015 at Windmill House, 91-93 Windmill Road, Sunbury, Middlesex TW16 7EF. A copy of the Circular

will be available on the Company's website www.issolutions.co.uk.



Change of accounting reference date

The Board of Directors has taken the decision to change the Company's accounting reference date from 31 December to

31 March.



The Board believe that this accounting period change enables the market and investors to gain greater clarity and understanding of the enlarged business model and trading following completion of the acquisition of STH taking place in January 2015.



In addition, the change of accounting reference date offers a number of additional advantages to the Company, including:

· the opportunity to ensure that any 'exceptionals' relating to the STH acquisition can be accounted for within the accounting reference period;

· providing existing and potential investors with 'clean' operational trading results for the enlarged business with effect from 1 April 2015

· aligning the Company's financial year with its seasonal holiday calendar across the business units in addition to its tax reporting obligations for its Indian-based operation, and

· complementing a number of the Company's major clients' financial years, (as currently these account for more than 25% of the Group's income) thus enabling for improved and more accurate forecasting.



As a result of this change, the Company's reporting calendar will be as follows:

· unaudited results for the six month period ending 31 December 2014 will be announced

by 31 March 2015

· audited preliminary results for the 15 month period ended 31 March 2015 expected to

be announced by 31 July 2015

· unaudited results for the six month period ending 30 September 2015 will be announced

by 31 December 2015



Thereafter, financial statements will be published for the six and twelve month financial periods (September and March respectively), in accordance with the AIM Rules for Companies. This change will take effect immediately and all relevant authorities will be informed as required by Companies Act 2006, section 392.



Appointment of Director

At completion of the Acquisition, Godfrey ("Geoff") Shingles will be appointed as a non-executive director of IS Solutions Plc.



Pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies the following is disclosed in relation to Godfrey Stephen Shingles, aged 75:



Current directorships and partnerships:

› Imagination Technologies Group plc

› Speed-Trap Holdings Limited

› The Geoff Shingles Partnership



Past directorships and partnerships held over the last 5 years:

› Sarantel Group plc

› Prevx Limited

› Corsair Components Inc.



Sarantel Limited a wholly owned subsidiary of Sarantel Group plc was placed into administration on 30 June 2013. A sale of the business and assets of Sarantel Limited took place after the appointment of administrators.

22 Dec finnCap 80.00 Corporate

Result of General Meeting
RNS
RNS Number : 6638C
IS Solutions PLC
20 January 2015



Tuesday, 20 January 2015

Immediate release

IS Solutions Plc

("IS Solutions" or the "Company")



Result of General Meeting re: proposed acquisition of Speed-Trap Holdings Limited

and

Change in accounting reference date





The Board of IS Solutions (Ticker: AIM: ISL) is pleased to announce that, at today's General Meeting, shareholders voted in favour of the Company's acquisition of Speed-Trap Holdings Limited (STH).



STH, parent company to Celebrus Technologies Limited, is a manager of highly detailed data feeds which provide individual consumer level data in relation to their interactions with websites, mobile applications and social media.



The aggregate consideration is approximately £7.5 million, subject to an adjustment to reflect STH's net asset position at completion and is to be satisfied partly in cash and partly by the allotment and issue of IS Solutions shares credited as fully paid. The cash element of the consideration will be c.£1.3 million that will be satisfied from the Company's existing cash facilities and an acquisition bank facility of £1.5 million. Completion is expected to take place on Friday 23 January 2015.



John Lythall, Managing Director of IS Solutions, commented:

"On behalf of all the Company, I would like to welcome our colleagues from STH into the group and we forward to working more closely with them and building on the trading partnership we have already established over the last 10 years.



"The market for business intelligence and analytics is one of the fastest growing software markets. We believe that, in addition to cost synergies, the Celebrus brand widens our portfolio offering, further strengthens our expertise and gives us a very exciting opportunity to access additional routes to markets and new geographies, whilst its high quality customer base significantly enhances IS Solutions' existing top class customer listing."



· Change of accounting reference date

As detailed in the circular dated 24 December 2015, the Company's accounting reference date has changed from 31 December to 31 March and all relevant authorities have been informed as required by Companies Act 2006, section 392.



The Board believe that this change enables the market and investors to gain greater clarity and understanding of the enlarged business model and trading following completion. It also allows the Company the opportunity to ensure that any 'exceptionals' relating to the STH acquisition can be accounted for within the accounting reference period and at the same time providing existing and potential investors with 'clean' operational trading results for the enlarged business with effect from 1 April 2015. In addition, it complements a number of the Company's major clients' financial years, thus enabling for improved and more accurate forecasting as well as aligning the Company's financial year with its seasonal holiday calendar across the business units in addition to its tax reporting obligations for its Indian-based operation. The outline financial reporting calendar in 2015 is expected to be as follows:



-unaudited results for the six month period ending 31 December 2014
by 31 March 2015

-audited preliminary results for the 15 month period ended 31 March 2015
by 31 July 2015

-unaudited results for the six month period ending 30 September 2015
by 31 December 2015




Thereafter, the Company's financial statements will be published for the six and twelve month financial periods in accordance with the AIM Rules for Companies



· Issue of equity and total voting rights



Under the Acquisition Agreement, application has been made to the London Stock Exchange for 8,934,439 Consideration Shares to be admitted to trading on AIM. It is expected that Admission will become effective at 8:00 a.m. on 23 January 2015. On Admission, the Enlarged Share Capital is will be 34,371,230 Ordinary Shares, including 137,452 Ordinary Shares held in treasury. Consequently, the total voting rights of the Company is 34,233,778. The above voting rights figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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Interim results-twelve months period to 31.12.14
RNS
RNS Number : 7802I
IS Solutions PLC
30 March 2015













Monday, 30 March 2015



IS Solutions Plc

("IS Solutions" or the "Company")

Interim results twelve-month period ended 31 December 2014



Introduction

In December last year we announced the acquisition of Speed-Trap Holdings Limited, parent company to Celebrus Technologies Limited ("Celebrus"); this was subsequently approved by shareholders in January and the consideration of approximately £7.5 million was satisfied in cash and shares.



Following this enhancement to our business, the Board took the decision to also amend the Company's accounting reference date from 31 December to 31 March. As well as some commercial benefit, this change was made primarily so that the market and investors would gain greater clarity and understanding of the new business model and trading performance and thereby deliver 'clean' operational trading results for the enlarged business with effect from 1 April 2015 onwards.



Financials for the interim period - twelve months ended 31 December 2014

The Board is pleased to announce a strong return to profit in the second six months and achieving full year results in line with market expectations.



Revenue in the period under review increased by 5.97% to £10.352 million (2013: £9.769 million) producing a growth in operating profit of 4.59% to £1.00 million compared to £959,000 in 2013. The post-tax profit increased by 1.26% to £802,000 against last year (2013: £793,000). Fully diluted earnings per share was 3.12 pence (2013: 3.08 pence).



Cash and cash equivalents at 31 December 2014 stood at £318,000 (2013: £539,000).



As mentioned in our half-year financial report issued in September 2014, early in the HY2014 period, we suffered from a cancelled contract along with a delay to another major contract. Despite this the Board decided to continue with its strategy including retaining highly skilled technical staff which had a consequential impact on the bottom line, but avoided costly re-hiring at a later date. This approach was validated, as when the delayed contract came back on stream in Q4, we were able to react quickly to the requirements and achieve a creditable result.



Looking at the period January to December 2014, our performance by area was as follows:-



Portals:

Growth in this segment remained flat year on year with a small drop in revenue of some £0.076m, from £3.883 million to £3.807 million. This has been mainly caused by one of our major clients requesting more of the work we carry out for them to be done off-shore in our Indian operation.



Analytics:

It has been a strong year for Analytics with revenue increasing by 59.2% to £4.924 million (2013: £3.093 million); this is primarily due to a large contract secured in the second six months of 2014. This contract also has a substantial level of recurring revenue contracted for the next five years with potential for further project work being generated.



Enterprise Content Management:

This area of our business suffered the most through the twelve month period; revenue fell by 41.90% from £2.792 million to £1.622 million with most of this being in product sales. It is a part of our business that is currently based on legacy technology and therefore we intend to research and implement new technology which will allow this part of our business to refocus its efforts over the short to medium term.



Summary Outlook

The second six months of this accounting period has seen the business back on track and, as we enter in effect our 'Q5' period, we do so with strong underlying demand from our Analytics sector which together with recent contract wins puts us in a good position for the 2015 financial year.



With its strong IP, the addition of Celebrus Technologies to our portfolio strengthens our offering in the Analytics arena whilst giving us the opportunity to develop a much more balanced business with stronger higher margin license sales giving rise to greater project and recurring revenue.



The integration of the two businesses has gone well, and almost complete putting us in an encouraging position as we enter our new financial year this week.



Looking at the 15-month period overall, the Board is confident that the Company will achieve current market expectations (excluding one off acquisition costs) and it looks forward to updating stakeholders further throughout the year as the enlarged business transitions from a Service-led business into a more balanced Product-led business.



Dividend

The full integration of Celebrus will be complete later in the year and the Board is currently considering the investment required to accelerate growth within this operation. Therefore, at this juncture the Company has chosen not to pay an interim dividend. However, it is the Board's intention to review the overall dividend policy going forward so as to ensure it reflects the enlarged business and its prospects going forward. On this basis we are confident that we will resume our progressive dividend policy and if appropriate, return to paying a dividend based on the performance in the financial period ending 31 March 2015 as a whole.



It is anticipated that audited Preliminary results for the 15-month period ending 31 March 2015 will be published by 31 July 2015.

30 Mar finnCap 80.00 Corporate

IS Solutions delivered a highly positive trading update that’s seen its share price soar. More to go for?

New free research note at http://tinyurl.com/p8xhetk

Trading Statement
RNS
RNS Number : 0520Y
IS Solutions PLC
04 September 2015













IS Solutions Plc

("IS Solutions" or the "Group" or "Company")



"New contract wins and increasing underlying strong demand for Group services"



Introduction

The market for business intelligence and analytics is one of the fastest growing software markets and the Group is in a very good situation to build on its current market positioning. The integration of the IS Solutions business and Celebrus, which was acquired at the start of this calendar year, has gone well. Combining both these established and well respected brands has opened up a number of cross-selling opportunities whilst also creating a much more balanced business with stronger higher margin license sales and progressively greater project and recurring revenue.



Trading

In the first five months of the current financial year (April - August), the business has successfully continued to build on its compelling finish to last year.



The traditional IS Solutions business is experiencing much stronger underlying demand for its Analytics offering with sales currently well ahead of management budget. With financial organisations being the largest investors in big data solutions, the Board is very pleased to announce that this divisions' business team has secured two major contracts with new customers from within the financial services sector. One of these contract wins will initially be for a three-year period, the second will be completed in this year but we expect additional work upon successful completion of the first phase. It is anticipated that they will add contracted revenue in excess of £4 million over the current financial year and in excess of £350,000 per annum of recurring revenue in subsequent years.



It is pleasing to report that sales within Celebrus are also ahead of plan as it benefits from being part of a larger organisation and thus able to capitalise on its increasing pipeline of opportunities. Recent wins in the retail and airlines sectors have been added to the continuing success in the financial sector putting it ahead by 64% of sales for the same time last year.



Overall, we are making excellent progress and the above success gives us the opportunity to invest in our future. Over the coming twelve months the Company will establish a US office to provide real time customer service and pre-sales support to its already substantial US business and further enable future growth. IS Solutions will also expand its UK direct salesforce to take the collective portfolio to a broader customer base. Combine these initiatives with current project sales opportunities with both new and existing customers and we have an exciting future to look forward to.



As a result of this excellent start, the Board is confident that the Company will deliver a strong performance for the year ending 31 March 2016. Revenue will be ahead of market expectations and profitability will significantly exceed current market expectations.



We look forward to updating shareholders as we progress through the year.



Dividend policy

As a Board, we are committed to a progressive dividend policy whilst balancing our investments for future growth. We therefore expect that we will resume our progressive dividend policy and return to paying an interim dividend and a full year dividend based on the overall performance in the financial year ending 31 March 2016.

4 Sep finnCap 115.00 Corporate

IS Solutions PLC (ISL.GB:ISD) set a new 52-week high during today's trading session when it reached 77.00. Over this period, the share price is up 42.31%.

IS Solutions PLC (ISL:LSE) set a new 52-week high during Wednesday's trading session when it reached 80.00. Over this period, the share price is up 76.09%.

Half year report

24 Nov finnCap 115.00 Corporate

Director's Dealing
RNS
RNS Number : 8499G
IS Solutions PLC
25 November 2015

IS Solutions Plc

("IS Solutions", the "Company" or the "Group")

Director's Dealing

The Company was notified on 24 November 2015 that on that date Peter Simmonds, Chairman of the Company, bought 50,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares") at 97.75 pence per Ordinary Share.

Following this transaction, Mr. Simmonds is interested in 141,500 Ordinary Shares, representing approximately 0.39 per cent. of the Company's total issued ordinary share capital.

Broker Forecast - finnCap issues a broker note on IS Solutions PLC
finnCap today reaffirms its corporate investment rating on IS Solutions PLC (LON:ISL) and raised its price target to 130p (from 115p). Story provided by StockMarketWire.com

Trading Update
RNS
RNS Number : 5407N
IS Solutions PLC
01 February 2016

IS Solutions Plc

"all about the data"



Monday, 1 February 2016





IS Solutions Plc

(the "Company" or "IS Solutions")

Trading Update



Further contract wins will result in profitability significantly ahead of market expectations





As we indicated at the time of our Half-year financial results released in November 2015, our business is driven totally by data and, we operate in a market where business intelligence and analytics is one of the fastest growing software markets.



Over 70% of our business is generated by our Analytics capability. The combination of the established and well respected brands of IS Solutions and Celebrus continues to open up a number of cross-selling opportunities and, at the same time, it has created a much more balanced business with stronger higher margin license sales and progressively greater project and recurring revenue.



Since our Half-year financial results we have successfully continued to build on our current market position within the data solutions arena both in our domestic market and internationally, utilising our extensive technical 'know-how' and skills base.



In 2016, we continue to witness stronger demand resulting in sales for both the IS Solutions business and Celebrus now well ahead of management budget. We are delighted to announce that the Company has secured a further two major projects with new and existing customers operating within the retail and financial services sectors. It is anticipated that these will add contracted revenue of up to £2 million in the current financial year and in excess of £250,000 per annum of recurring revenue in subsequent years. We have a number of other exciting opportunities in the pipeline with the potential to convert these in the first half of this calendar year.



We remain on track to establish a US office which will focus on providing real time customer service and pre-sales support to our already substantial US business and to support further future growth. IS Solutions is in the process of expanding its European direct salesforce to enable it to take our collective portfolio to a broader customer profile. Combine these initiatives with current project sales opportunities with both new and existing customers and we have an exciting future to look forward to.



Conclusion

The Board is confident that the business will deliver a strong performance for the year ending 31 March 2016 with both revenue ahead and profitability significantly ahead of current market expectations. Trading for the 2016/17 financial year is also expected to be significantly ahead of current market expectations.



We look forward to updating shareholders as we progress through the year and at the time of the Annual results which will be announced in June 2016.



Dividend policy

As we have previously indicated the Board remain committed to a progressive dividend policy whilst balancing the Company's investments for future growth. We therefore anticipate that, barring any unforeseen situation, we will pay a progressive final dividend based on the overall performance for the financial year ending 31 March 2016.

1 Feb finnCap 140.00 Corporate
6 Jan finnCap 130.00 Corporate

ST of IC today - So, having assessed the key drivers of IS Solutions' business, prospects for further contract wins, and potential for earnings upgrades, I feel comfortable initiating coverage and have an initial target price of 150p a share, or 25 per cent above the current share price. Buy.

On Tuesday, IS Solutions PLC (ISL:LSE) closed at 152.50, 3.04% below its 52-week high of 148.00, set on Mar 14, 2016.