CAPELLE AAN DEN IJSSEL, the Netherlands, Nov. 15, 2016 (GLOBE NEWSWIRE) -- AND International Publishers NV realized a strong increase in revenue during the first nine months of 2016 compared to 2015. Net profit for the same period in 2016 limitedly decreased compared to previous year. AND maintains its expectation to realize, as a minimum, a significant increase of revenue for 2016 compared to 2015 ( € 6,0 million). AND Chief Executive Officer Hugo van der Linde: "The year 2016 has been excellent so far. This allows us to continue to invest in our technology, digital maps and new products. In October Barry J. Glick is appointed as member of the Supervisory Board of AND by the Extraordinary General Meeting of Shareholders. His knowledge, experience and network is a valuable contribution to our plans to further grow in the United States." Course of events During the third quarter AND has decided to develop a new product, a database with detailed postal code areas of the United States. For this product, a multi-year sales contract has already been signed with a prominent customer. From 2017 this product will contribute to the revenue and results. In addition, AND has executed several customized orders during the third quarter. Together with a part of the Dutch government a so called tile server was delivered. Also, AND worked on and successfully completed various custom projects which involved accepting total confidentiality with respect to the client, the work involved and the financials of the project and is therefore unable to disclose any further details. In the third quarter Barry Glick was formally nominated to strengthen the Supervisory Board. The Extraordinary General Meeting of Shareholders of 10 October officially appointed Mr. Glick as member of the Supervisory Board. He has been appointed for a period of four years. The Supervisory Board now consists of three members.