Sopheon plc provided earnings guidance for the six months ended 30 June 2019 and full year 2019. The Board expects first half revenues to be approx. $13.7 million compared to $15.9 million in 2018. As the company have always stated, licensing model has been predominantly perpetual and consequently the precise timing of deal closure plays a significant role in periodic revenue recognition. Since January, the company have increased there sales pipeline value by 48%, and the number of opportunities above $500,000 in deal value by 29%. Current revenue visibility for the full year stands above $24 million. With an unprecedented volume of opportunities in the sales funnel, The company anticipates rising deal flow and traction through the balance of the year.