Preliminary announcement of the audited results For the eight months ended 30 September 2007
31.03.2008

Salient points

·        Turnover                                  £8.7m

·        Gross Profit                              £2.3m

·        Loss After Exceptionals           £6.9m

·        £4 million placing

·        5 acquisitions completed

·        Significant reduction in overheads from economies of scale

·        Successful integration and restructuring of acquisitions

Bob Morton, Chairman, commented:
"The Group has made significant progress in the period and thereafter, which includes the reverse acquisition and integration of Dream, a change of name, a £4 million placing (before expenses), the restructuring of the board and the strategic acquisition of one Education, two Healthcare and two Security businesses which have significantly increased our breadth of offering and scale of operation.

Servoca has built a solid platform; it has a strong board and is well positioned for continued growth both organically and by strategic acquisition."

"The Board view the future with confidence."

The Company will today post copies of its report and accounts for the eight months ended 30 September 2007 to its shareholders. Electronic copies will be available from the investor relations section of the Company's website. Click here for our results

As previously notified, the Company has changed its accounting reference date to 30 September. The Company has prepared audited accounts for an eight month period, rather than six months, following the reverse acquisition and the need to prepare accounts from the period last reported on by the acquirer.

Click here for our results