16 February 2007
Solid progress during 2006
Cyprotex PLC ("the Company") confirms the release date
for its 2006 preliminary results will be Thursday 15th March 2007.
Following release of the preliminary results, Chairman and Chief Executive
Officer, Mr Robert Morrisson Atwater, will be available to discuss
progress made during 2006 and the outlook for 2007.
Cyprotex’s preliminary results will outline a further broad
expansion of its customer base, which accelerated strongly during
the second half of the year. These now number well in excess of 100
pharmaceutical companies, biotechs and CROs “Contract Research
Organisations”, ranging from amongst the top ten global pharmaceutical
companies to smaller specialised drug discovery groups.
As well as expanding its customer base, 2006 was also a year of reducing
costs, whilst maximising operational gearing and the robustness of
the company’s highly technical operations. Despite investment
in its facilities, Cyprotex ended the year with a good cash reserve
and recorded its first modest quarterly net profit during the final
three months of 2006.
Cyprotex’s management looks to 2007 as a year of further significant
progress.
For further information:
Cyprotex PLC
Robert Morrison Atwater, CEO
Tel: +44 1625 505 100
ir@cyprotex.com
www.cyprotex.com
or
Russell Gibbs, CFO
Tel: +44 1625 505 100
ir@cyprotex.com
www.cyprotex.com
Media Enquires:
WMC Communications
Charlie Geller/Alex Glover
Tel: +44 (0)20 7930 9030
charlie.geller@wmccommunications.com
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