Access Intelligence Regulatory News (ACC)

13 Feb 2006 07:00

Access Intelligence PLC13 February 2006 FOR RELEASE 7:00am 13 February 2006 ACCESS INTELLIGENCE PLC ("Access Intelligence" or "the Group") "An acquisition led support services Group which is starting to deliver strong organic growth" PREMLIMINARY RESULTS ANNOUNCEMENT Wednesday, 8 March 2006 Access Intelligence will be announcing preliminary results for the year ended 30November 2005 on Wednesday, 8 March 2006. On this day the Group will be holdingan analysts' meeting, the details of which are as follows: Date: Wednesday, 8 March 2006Time: 12.15 pm for 12.30 pmVenue: Corporate Synergy 30 Old Broad Street London, EC2N 1HT Jeremy Hamer (Chairman), Brendan Austin (Chief Executive) and Colin Davies(Finance Director) of Access Intelligence will be at the presentation. Contacts: Cubitt Consulting 020 7367 5100 Brian Coleman-Smith / Allison Reid / Nia Thomas Background Note Who are we and what do we do? Access Intelligence is a group of companies delivering a range of businesscritical support services to private and public sector organisations. The team of directors, Jeremy Hamer, Brendan Austin, Colin Davies, Ian Savage and Alwin Thompson, has extensive experience in making successful acquisitions while simultaneously driving organic growth: in less than two years since flotation, Access Intelligence has acquired and successfully integrated five businesses in four different market segments. The Group Today Today, Access Intelligence is a technology-based Support Services Business. Itharnesses the power of internet-based information and communication technologies (ICT) to deliver vital information and support services. Specifically these are: * digital marketing services and business development support;* online and offline data storage back-up and retrieval;* sourcing and procurement software for both buyers and suppliers in industry and local government; and* electronic news and current awareness digests of Government initiatives, policies and finance affecting business, the professions and the public sector. The Business Model The majority of the Group's income is derived from repeat revenues delivered through recurring contracts ranging between one and five years in duration. This model provides excellent visibility of future revenues and ought, with effective customer retention, to generate outstanding gross margins over the longer term. The Strategy for Growth The strategy is to acquire businesses which have good management and high growth potential that fit the revenue model while, at the same time, adding value to the Group's existing services. The businesses acquired will have substantial autonomy to develop within budgets agreed with the Group Chief Executive and Finance Director, whilst benefiting from the experience and cross selling opportunities provided by being part of an expanding group of companies. At this stage in development, the Group's Executive Team which is based in York, will be kept to a maximum of four people, including support staff. The non-executive directors will continue to be involved in sourcing and evaluating potential acquisitions and monitoring the performance of the Group. This information is provided by RNS The company news service from the London Stock Exchange