RS2 Software plc – Approval of Interim Financial Statements, ending June 30, 2010

August 11, 2010

RS2 Software plc announced that at the meeting held on August 10, 2010, the Board of Directors approved the interim financial statements for the period ended June 30, 2010.

The Group registered a rise of 5.7% in its Revenue for the six months ended June 30, from EUR 2.68 million to EUR 2.83 million. Profit before tax rose from a Loss before tax of EUR 9,159 in 2009 to a Profit before tax of EUR 78,055 in 2010. The Directors commented that “notwithstanding the recent and ongoing instability in the global market, RS2 has slightly improved its performance over last year. During the first six months of 2010, the Company has managed to further increase its client base and saw a general improvement in the extent of services requested by our clients.” Earnings per share rose marginally from EUR 0.005 to EUR 0.008. The Directors did not recommend the payment of an interim dividend.

To view the Interim Financial Statements, Click Here.