Continued confidence in Ecoya by Leading lnvestors.

Existing investors in Ecoya Limited (NZX:ECO), Sam Morgan, the Miromutu Trust and a New Zealand Fund manager have this week increased their stake in Ecoya through a placement of new shares. 

ln addition, Ecoya Direcfor and Investor Rob Fyfe has increased his holding by a purchase of 277,778 shares fromtThe company’s founder/

Pricing is at 90 cents per share.

The total amount învesied into Ecoya is $1,150,000 which equates to 1,277,778 additional 
shares.

Ross says the company has reached its operating break-even point sooner than expected
and during the slower half of the year.

Ecoya has previously indicated full year revenues in the region of $20 million or more for the 2012 year together with a modest profit.

The half year result showed expected revenue of $10.4 million. This is more than double for
the same period Iast yeor when results included only one month’s Trilogy revenue.

Yesterday Ecoya wos recognised as the growing exporter in Auckland region at 
the Deloìtte 201 1 Fast 50 awards as well as placing 8th overall.