iomart Says Demand for its Cloud Services Continues to Grow

GLASGOW, Scotland, September 30, 2016

Cloud Company Issues Positive Pre-close Trading Update  

iomart (AIM:IOM), the cloud computing company that delivers any cloud your way, has issued a positive pre-close trading statement for the six months ending 30 September 2016, ahead of the announcement of its half yearly results.

     (Logo: http://photos.prnewswire.com/prnh/20121126/579634 )

The Board reported that the business continued to perform strongly in the first half of the financial year, with both revenue and profits expected to be materially ahead of the comparative period last year.

iomart said it had seen strong demand for its cloud products and services, covering private, public and hybrid cloud solutions, as enterprises continued to move to the cloud. It had also continued to develop relationships with the major Public Cloud vendors to enhance its expertise in this area.

Angus MacSween, CEO of iomart Group plc, commented: "We are pleased to report another period of strong performance from iomart. The Group is well placed to sustain its competitive advantage within the hybrid cloud market and to maintain our reputation as the UK's leading cloud computing company. We continue to see a good stream of acquisition opportunities and look forward with confidence to the rest of the year."