RNS Number : 8095D
  Maxima Holdings PLC
  19 September 2008
   

    


 Embargoed until 0700   19 September 2008 

    Maxima Holdings plc ("Maxima" or the "Company")

    AGM Statement

    At the Annual General Meeting of Maxima Holdings plc to be held at the Company's offices at 24 Chiswell Street, London EC1Y 4TY at 9AM
this morning, the Chairman Mike Brooke will update shareholders on trading saying that:

    "Trading remains robust, with order intake more than 50% up on the same period last financial year, and consistent with market forecasts
for the full year.  Maxima's financial position also remains robust with good cash flows and net debt reducing in line with the Board's
expectations.

    "Integration of DXI Communication Ltd (which was purchased in July 2008) with our existing infrastructure managed service businesses is
progressing well.  

    "I am also pleased to report that our enterprise software solution for the construction and facilities management sector, based upon
Microsoft's flagship Dynamics AX technology, which was formerly launched in July has now passed independent accreditation tests for
Microsoft certification.  Maxima intends to issue a trading update for its half year ending 30 November 2008 in December and will issue its
interim results in February 2009."

    For further information please contact: 

 Maxima                          
 Kelvin Harrison, Chief      01242 211211
 Executive                   0141 880 1000
 John Taylor, Group Finance
 Director
 Cenkos
 Stephen Keys                020 7397 8926
 Smithfield                      
 Reg Hoare / Katie Hunt      020 7903 0603


    Notes to editors:

    Maxima Holdings plc floated on AIM in November 2004 at an issue price of 110p. It was established to acquire businesses supplying IT
solutions and managed services, with the objective of building a focused IT services group. On flotation it immediately acquired Azur
Holdings Ltd, bringing together a management team with the skill, experience and incentive to deliver significant shareholder value, through
a combination of acquisitive and organic growth. The business implements and supports enterprise and infrastructure software solutions for
mid-sized, UK-based manufacturing, distribution and service organisations. These solutions are based upon leading software suites as well as
products developed in-house.

    It has since made a further nine acquisitions:

    *     August 2005 - Ringwood Group plc, a specialist in content and document management solutions, based on Microsoft technologies;

    *     September 2005 - Hanston Technology Partners Ltd, a fast growing managed services business providing applications support and
consultancy services to Oracle users; 

    *     January 2006 - The MFG/PRO business of Seabrook Research Ltd, the sole Irish distributor of MFG/PRO, a manufacturing package for
which Maxima was already the sole UK distributor;

    *     May 2006 - QED Business Systems Ltd, which provides managed services for critical mainframe and mid-range computer systems and
applications software; 

    *     October 2006 - Cognition Solutions Ltd, provider of enterprise software solutions to the construction and facilities management
sector; 

    *     November 2006 - IIL (Intertech Solutions Ireland) Ltd, which provides IT infrastructure solutions and managed services based upon
Citrix technologies; 

    *     March 2007 - SevenThree Ltd, supplier of customer relationship management software solutions to the construction sector; 

    *     May 2007 - 3net Limited, an IT Services business, providing consultancy, solutions delivery and managed services in networking and
security infrastructure; and 

    *     July 2007 - Centric Networks, a managed services business whose skills lie in skills lie in operating systems, networking,
security and remote access. 

    *     January 2008 - Eclectic Group Ltd, which supplies software, consultancy, support and training in the areas of business
intelligence and corporate performance Management.

    *     July 2008 - DXI Communications Ltd, is a provider of converged Information and Communications Technology (ICT) services to
business customers.

    Maxima has grown to become an IT systems integration and managed services company with a proven track record of delivering innovative
and flexible IT solutions and services. Maxima's in-depth knowledge of industry and business, coupled with its skills and understanding of
leading software suites such as Oracle, Microsoft and SAP ensures its solutions and services deliver real business benefits. The group
prides itself on the quality of its service, which leads to strong customer relationships and high retention rates.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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