Last checked at 23 Feb 2010 07:00
FOR RELEASE 07.00 23 February 2010
ACCESS INTELLIGENCE PLC
("Access Intelligence" or "the Group")
PRELIMINARY RESULTS ANNOUNCEMENT
Monday, 1 March 2010
Access Intelligence will be announcing preliminary results for the year ended 30 November 2009 on Monday, 1 March 2010. On the day the Group will be holding an analysts' and private client brokers' meeting, the details of which are as follows:
Date: Monday, 1 March 2010
Time: 12.15 pm for 12.30 pm
Venue: Astaire Securities Plc
30 Old Broad Street
London, EC2N 1HT
At the meeting, Michael Jackson (Chairman) and Joanna Arnold (Corporate Development Director) of Access Intelligence will present the results, the strategy and future prospects.
Any analysts or private client brokers wishing to attend should register with Chris Lane or James Verstringhe at Cubitt Consulting (020 7367 5100).
For further information:
| Cubitt Consulting | 020 7367 5100 |
| Chris Lane/James Verstringhe/Nicola Krafft |
|
Notes to Editors:
Access Intelligence plc is the parent company of a group of compliance Software-as-a-Service ("SaaS") solutions for the financial services, procurement and media sectors. The board is headed by Michael Jackson as Executive Chairman and Jeremy Hamer as Group Finance Director.
Product Portfolio
e-Procurement:
• Managed by Alan Gray, a founder of the original business, who has been involved in developing financial solutions for over 20 years.
• SaaS procurement & contract management solutions. Heavily compliance focussed following the recommendations of the Glover Report which proposed that all Public Sector organisations must engage suppliers via electronic tendering by 2012.
• Over 130 customers incl. Bank of England, Met Police, Ladbrokes, and many large Local Government Authorities.
• Recurring revenue represents 80% of total costs.
FSA Training & Competence:
• Managed by David Alderson, a founder of the business with over 35 years of experience in the financial services sector, and a recognised industry expert in business critical software.
• SaaS solutions for the financial services sector solving the industry's key challenges; controlling and monitoring compliance commitments and reducing administration overheads. Sales driven by the need to comply with the FSA's Retail Distribution Review.
• Key customers include RBS & Aviva.
• Recurring revenue will represent 46% of total costs by February 2010.
Media & Communications:
• A new division created from the merger of two recent acquisitions, Solcara & Ether-Ray.
• SaaS solutions for media relations & public sector news flow management. A market leader in the UK for media relations management software.
• One integrated application enables users to capture, create, distribute, and analyse all communications, facilitating compliance with corporate messaging and upholding the reputation of the organisation.
• Over 220 clients in local government, central government and police.
• Recurring revenue represents 140% of total costs.