Claims People reports profit

The Board of Claims People, the AIM quoted insurance claims facility provider, has announced that Interim Results for the period to June 2007 have reflected both growth in revenues and a return to profit.

Results included:

Profit before tax of £10,778 (2006: loss £66,565); Revenues up 47% to £1,929,729 (2006: £1,311,397); Successful share placing of £500,000; Improved cash balances £216,582 (2006: £235,281 overdrawn); Two new divisions launched - creating first mover advantage; Board strengthened through appointments and realignment; i-Team consultancy revenues substantially increased by 150%; and Increase in loss adjusting revenues in the second half of the year as a result of floods across