IndigoVision has given a slightly more upbeat view of trading in the second quarter of the year.
The Edinburgh-based developer of Internet based security systems did warn, however, that business confidence was still patchy and could continue to affect sales in some markets.
At IndigoVision's annual general meeting being held this morning, Hamish Grossart, chairman said that in the three months to 31 October 2009, sales overall were marginally ahead of the corresponding quarter last year.
"Strong year on year growth in the UK, Asia Pacific, and Latin America was offset by lower sales in North America (which had a particularly buoyant first quarter last year), while sales in continental Europe maintained last year's figures," said Grossart.
According to Grossart, the outlook for the second quarter is more encouraging, but the patchy business confidence could affect sales in some markets.
"We have carried out some re-phasing of planned research and development overhead increases, and will continue this until a more consistent pattern of sales growth is evident,' said Grossart.