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Adwalker says current trading 'encouraging, talks on network pilot continue


Published :
Thu, 24 May 2007 08:24
By : Agencies
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LONDON (Thomson Financial) - Adwalker PLC said current levels of trading are 'encouraging' and added it continues talks to conduct a pilot of an interactive fixed screen digital network on behalf of a 'major corporation'.

The AIM-listed specialist in wearable media devices said its US division has performed well with several contract wins in the first three months of the current year.

It said a further announcement on the pilot program, intended to roll out a network of interactive screens across Europe, is expected to be made in due course.

It added it has conditionally raised 510,000 stg gross via a placing of 17 mln shares at 3 pence each.

TFN.newsdesk@thomson.com

ypv/jro/jlw

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