RNS Number:9070F
Proventec PLC
10 July 2006
Press Release
Proventec Plc
('Proventec' or 'the Company')
Preliminary Results for the year ended 31 March 2006
Proventec Plc (AIM:PROV), a provider of specialist steam cleaning and coatings
technologies, today announces its Preliminary Results for the year ended 31
March 2006 which have been prepared in accordance with International Financial
Reporting Standards (IFRS) and therefore figures to the year ended 31 March 2005
have also been restated.
Highlights
* Successful reverse take-over of Flintstone Technologies plc and acquisition
of OspreyDeepClean Limited and InnoCleaning Magma Holdings BV. Company
subsequently re-named Proventec plc

* Increased cash at bank by £4.3 million through a share issue, the
refinancing of loan notes and the sale non-core investments

* Turnover of £3.4 million (2005: £154,000)

* EBITDA increased to £1.1 million (2005: Loss £316,000)

* PBIT of £623,000 (2005: Loss £823,000)

David Chestnutt, Chief Executive of Proventec Plc, commented: 'The year to 31
March 2006 saw a fundamental change in the nature of the Group that has since
been renamed Proventec. By incorporating OspreyDeepClean Limited and
InnoCleaning Magma Holdings BV into the new business we have an excellent
platform to exploit the increasing demand for specialist coating and cleaning
technology.'

For further information, please contact:
Proventec Plc
David Chestnutt, Chief Executive Tel: + 44 (0) 20 7398 7700
dchestnutt@proventecplc.com www.proventecplc.com


Share price
9.88p 0.62p
as at 18:28:02 on 10 Jul 2006