Solid results out!

Also check out good analysis by Intersuisse:
http://www.intersuisse.com.au/files/...uly%202007.pdf


Data#3 confirms yet another record full year result

BRISBANE, Wednesday 25th July 2007. Data#3 Limited (ASX: DTL), an information and communication technology solutions company, today announced that results for the 2007 financial year were anticipated to be ahead of general market expectations.

- Total revenue for FY2007 expected to exceed $280M
- EBIT of approximately $9.9M forecast for FY2007, up 27% on previous year
- Another record full-year result for the company
- Intention to extend on-market share buy-back for 12 months

Subject to year-end audit, revenues in excess of $280M and EBIT of approximately $9.9M are predicted for the year ended 30th June 2007. This constitutes another record full year result for the company.

Revenues for the 2006 financial year were $239.6M, and EBIT was $7.8M, while revenues for the first half of 2007 were $135.8M, and EBIT was $4.1M.

Managing Director John Grant said the second half performance had more than met expectations.

gIn a market which remains strong but competitive and in which there is considerable pressure on costs this result is exceptional and testimony to the investments we have made in developing market-leading expertise, the strong relationships we have maintained with our
customers and suppliers, and the commitment of our people,h Mr Grant said. The Board intends to announce the audited full year results and the final dividend on 22nd August 2007.

Intention to extend on-market share buy-back
The Board also announced its intention to extend the on-market buy-back (of up to 10% of the companyfs ordinary shares) for a further 12 month period, commencing 1st September 2007.

The on-market buy-back was introduced on 1st September 2006. To-date 44,115 shares have been purchased under the on-market buy-back, and have been cancelled.

gWe are satisfied that the buy-back has helped achieve the objective of delivering improved shareholder return on a sustainable basis and reducing volatility in the companyfs share price and the decision to extend it will maintain this position,h said Chairman, Richard Anderson.

gWe also intend to maintain our established dividend payment practice.h

About Data#3
Data#3 Limited (ASX: DTL) is a significant national Information and Communication Technology (ICT) solutions company.
Customers utilise Data#3fs expertise to deliver exceptional value in:
- Software licensing and software asset management
- Application and infrastructure integration, and support through outsourcing and remote
management
- Product sourcing and related integration services
- Optimisation of data centre infrastructure
- Contract and permanent recruitment.

Data#3fs customers cover a wide range of industries including banking and finance, mining, tourism and leisure, legal, healthcare, manufacturing, distribution, government and utilities and are located throughout Australia and Asia Pacific.

Data#3 reported revenues of $240 million in 2005/06 and has over 350 employees. The company is headquartered in Brisbane, and it has offices located in Sydney, Melbourne, Canberra, Townsville, Rockhampton, Gladstone and New Caledonia.

More information about the company, its products and services is available at http://www.data3.com.au