Data#3 ‘on track’ to better 2007 result

Announces at Annual General Meeting that another record result expected

BRISBANE, Friday 2nd November 2007. The Board of Directors of Data#3 Limited (ASX:DTL) today announced at the Annual General Meeting that the company is on track to improve financial performance over the outstanding FY06/07 result.

Managing Director John Grant confirmed that the first quarter result is ahead of plan and the forecast for the half year is on track to exceed the exceptional result of the previous first half.  “Given opportunities we saw in the market, we planned to increase investment through the first half and to be slightly better than last year by its end. At the end of the first quarter, profit before tax is ahead of plan and around 10% up on the previous year,” he said.

Chairman Richard Anderson acknowledged John Grant’s recent election to the role of Chairman of the Board of the peak industry body, the Australian Information Industry Association. “Directors on the Board include his peers from the Australian businesses of organisations such as IBM, HP, Microsoft, Intel, Telstra, SMS and Fujitsu and their support for him in this role offers significant opportunity to enhance the brand and profile of Data#3 nationally,” said Richard Anderson.

Media Release 2 Nov 2007 PDF

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