VICP Vicorp

RNS Number:0056M
Vicorp Group PLC
17 January 2008


17 January 2008


                                Vicorp Group Plc

                   ("Vicorp", "the Group", or "the Company")


                                 Trading Update



Vicorp Group Plc (Ticker: VICP), a market leader for advanced voice self-service
solutions, has indicated that it expects its results for the year ended 31
December 2007 to fall marginally below previous expectations for the full year's
pre-tax position. Broker estimates for 2007 were for a full-year net loss of
�752K. The Company expects to report its audited results for 2007 no later than
31 March 2008.



A number of existing projects had been expected to realise more revenue in 2007
than has materialised.  This is attributable to delays in project implementation
as clients have decided to reschedule the implementation of programmes.  As a
result, a significant amount of revenues due to be realised in 2007 will now be
realised in 2008.



The company is pleased to announce that despite the above delays, it was able to
generate a profit in Q4 of 2007 and the backlog of work carried into 2008 has
helped underpin expectations for the first half year in 2008.  The company
expects its performance in the first half of 2008 to be significantly ahead of
the corresponding period in 2007.





Brendan Treacy, Chief Executive of Vicorp commented:

"We are very encouraged by the progress in 2007, which has shown a dramatic
improvement over 2006.   We believe that progress will be maintained throughout
2008 and we are well placed at the start of the year, with a satisfactory cash
position.  We are also receiving good client feedback and working on several new
opportunities for continued growth in 2008."



                                     -ends-



For further information, please contact:



Brendan Treacy, Chief Executive, Vicorp Group PLC          01753 660 500

Peter Manfield, SVS Securities PLC                         0207 638 5600

David Massey, Zimmerman Adams International PLC            020 7060 1760



Notes to Editors:



Vicorp  sells software tools and provides design, development and support
solutions, that enable organisations to create and manage better interactive
voice services for their consumers. This a very topical issue as many large
organisations with millions of inbound callers, struggle to overhaul outdated
contact centre voice technology in an effort to retain customers.  A poor
experience over the phone is likely to lead to lost business, whereas a good
experience will retain a customer.



Vicorp's tools and services enable the next generation of voice services to be
implemented, regardless of the client's infrastructure or that of its service
provider.  Vicorp can also reduce the time in which services can be built and
bring control of this vital communication channel within reach of the enterprise
itself.



The tools also enable cost savings to be achieved in the infrastructure layer
that drives voice services, generating savings for its service provider clients.
  For the enterprise, the use of Vicorp products and can reduce the time and
resources needed for customer queries, and depending on the circumstances can
bring about better services through careful selection and implementation
automation routines.



Vicorp's xMP product enables voice and data services to be created in a
screen-based "drag and drop" graphical environment and allows many aspects of
service creation to be split out into simpler routines that can be managed
discretely. This enables such tasks to become open to, and used by,
non-technical people, such as sales, marketing and customer services managers,
who are relatively unfamiliar with complex telephony software.  The benefits to
consumer businesses with volume telephony lines are proving significant.



Vicorp was considered "the leading independent vendor of service creation tools
in the market" by Datamonitor in March 2007



The Company listed on AIM, part of the London Stock Exchange, on 21 June 2007.






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

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