Cision: Comments on Currency and Sales Development in the First Quarter.STOCKHOLM, Sweden -- Regulatory News: Cision's (STO:CSN CSN Crosby, Stills, and Nash (band) CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program) CSN Confédération des Syndicats Nationaux (French) ) British operations reported weaker-than-expected sales during the first quarter of 2008 due to production disruptions in connection with the consolidation of two offices as well as delayed service launches. The production problems have now been remedied and planned service launches are scheduled for CisionPoint during the first and second quarters of 2008. CisionPoint, which offers clients greater value by integrating all of Cision's services, represents a transition to a subscription-based business model that generates more stable revenue streams. In North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Cision's largest and most important market, CisionPoint continued to be well received during the first quarter of 2008. Unfavorable exchange rates coupled with the development in the UK will mean that Cision's revenue and operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. in the first quarter of 2008 will be lower than the corresponding period of 2007. Cision improves clients' performance through integrated services In computer networking, IntServ or integrated services is an architecture that specifies the elements to guarantee quality of service (QoS) on networks. IntServ can for example be used to allow video and sound to reach the receiver without interruption. and software solutions for reputation and campaign management, media monitoring and research of media contacts. Cision AB Cision AB, formerly known as Observer AB, is a Reputation Management and Media Intelligence firm for corporate clients. They consult on communications processes, marketing, public relations and investor relations. Their head office is located in Stockholm, Sweden. is quoted on the Nordic Exchange and has approx. 17 000 shareholders. The company has around 2,600 employees and a turnover of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.9 billion in 2007. Cision operates in the US, UK, Sweden, Canada, Germany, Norway, Finland, Denmark, Portugal, Lithuania, the Netherlands and China and has partners in another 125 countries. Cision AB (publ) SE-114 88 Stockholm, Sweden Telephone: +46 (0)8 507 410 00 www.cision.com This information was brought to you by Cision http://newsroom.cision.com |
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