CTFA Cientifica

TIDMAVIA

RNS Number : 8035H

Avia Health Informatics PLC

25 June 2013

Avia Health Informatics Plc

("Avia" or "the Company")

Re: Suspension from trading of securities on AIM

In the announcement made by the Company on 24 June 2013, the Company referred to the delay in entering into an agreement to licence the Company's technology to a third party. The Company confirms that it has been informed by the third party that negotiations have been terminated.

The Directors continue to evaluate their options regarding an injection of sufficient capital into the business, whether through equity, debt or a convertible instrument, in order to enable Avia to overcome its current working capital shortfall and allow the Company to continue to trade. However, should the required capital not be found, it is likely that the Company, or its principal creditors, will seek the appointment of an administrator.

Further announcements will be made as and when appropriate.

25 June 2013

Enquiries:

 
                                           +44 (0) 1494 618 
 Avia Health Informatics Plc                503 
 Jeremy Dale, Chief Executive 
  Tim Morris, Managing Director 
 Allenby Capital (Nominated Adviser and 
  Broker)                                  +44 (0) 20 3328 5656 
 Nick Naylor 
  Mark Connelly 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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