I-design is cashing in on sales

CASH machine advertising firm I-design said yesterday that sales in the last three months of 2011 had shown a “strong performance” and it expects further expansion this year.

The Dundee-based company gained access to another market in November when it signed a contract with a Canadian bank.

Speaking at the annual meeting, chairman Jim Faulds said: “We are optimistic of further new contracts for our customer engagement software… over the remainder of the financial year.

“We believe that growth opportunities for the group remain significant and I-design is well positioned to continue to enlarge its banking customer base as well as expand revenues from third party advertising sales.”

The firm surprised analysts last year by unveiling a maiden profit earlier than expected.