• £18.0m Bank Facilities renewed for a two year term, with permitted finance lease funding capacity of a further £3m
• New £8.0m convertible loan facility established (of which £6m is committed and £3m has been drawn down to date)
• Net Debt reduced by 36.5% to £17.2m (30 Sept 2008 £27.1m)
• Revenue from Continuing Operations decreased by 25.9% to £49.3m (H1 08/09 £66.5m)
• Selling, distribution and administrative costs of Continuing Operations decreased by £5.8m to £25.6m (H1 08/09 £31.4m) through cost reduction programme, despite expensed bid costs of £1.2m (H1 08/09 £0.4m)
• Adjusted EBITDA* from Continuing Operations £1.2m loss (H1 08/09 £2.6m profit)
• Operating loss £6.2m (H1 08/09 £1.5m) includes £1.5m (H1 08/09 £nil) goodwill impairment charge
• Net Finance costs increased by £0.9m to £2.2m (H1 08/09 £1.3m) due to accelerated write off of costs associated with previous refinancing
• Telecoms and Mobile businesses sold on 28 August 2009 for cash consideration of £16.5m. Profit on disposal £0.9m. Profit before taxation up to date of disposal £0.2m
• Basic loss per share increased to 5.59p (H1 08/09: 1.41p)

*Before net finance costs, tax, depreciation, amortisation, exceptional items and share based payment charges from Continuing Operations.