Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSSY.L Regulatory News (SSY)

  • There is currently no data for SSY

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Acq. of Property Rights

2 Aug 2005 07:02

CODASciSys PLC02 August 2005 CODASciSys plc ACQUISITION OF COMPLIANCE SOFTWARE PRODUCT CODASciSys plc ("CODASciSys", stock code: CSY), the IT software and servicesprovider, announces that its CODA Division has today acquired the SOCETTMproduct suite and associated intellectual property rights from Control SolutionsInternational Inc. The SOCET suite was initially designed by Control Solutions (a specialist USconsultancy in the field of corporate compliance) to help companies facilitate,and demonstrate, compliance with the Sarbanes-Oxley Act of 2002. As newcorporate governance legislation is introduced around the world, the task ofcompliance is becoming ever more complex - requiring advanced software tools.The area of compliance has attracted considerable growth in demand for softwareand services, particularly since 2002; leading industry analysts forecast thatthis growth will continue. SOCET will provide CODA with direct access to a number of high-profile existingusers of the software, particularly in the United States. Further salesopportunities are expected amongst CODA's existing 2,500 clients as well as toprospective new clients. A nominal consideration is to be paid for the product suite. However, CODAplans additional investment to enhance the product and to improve its widerapplicability. Commenting on the acquisition, Graham Steinsberg, CODASciSys Group CEO, said: "This acquisition, which is expected to be earnings enhancing during 2006,represents the next stage in the development of our product strategy. Itpositions CODA as a global player in providing support for companies faced withthe increasing pressures posed by corporate governance legislation. CODA'svision continues to be to offer all our existing and potential clients worldwidethe most complete and focused finance solution available." For further information please contact: Graham Steinsberg, Group Chief Executive Officer, CODASciSysTelephone 01249 466466 E-mail: investorrelations@codascisys.co.uk This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
30th Sep 20087:00 amRNSInterim Results
24th Sep 20087:30 amRNSNotice of Results & Trading Update
21st Jul 200811:00 amRNSNotice of Results
9th Jul 20087:00 amRNSNew Appointment
12th Jun 20081:29 pmRNSResult of AGM
12th Jun 20087:00 amRNSAGM Statement
10th Jun 20087:00 amRNSNew Contracts
21st May 20088:00 amRNSAnnual Report and Notice of A
28th Apr 200810:48 amRNSStatement re Scisys plc
28th Apr 20089:38 amRNSEPT Disclosure
24th Apr 20089:09 amRNSEPT Disclosure
23rd Apr 20089:00 amRNSEPT Disclosure
22nd Apr 20088:55 amRNSEPT Disclosure
21st Apr 20089:14 amRNSEPT Disclosure
18th Apr 20088:20 amRNSEPT Disclosure
17th Apr 20088:57 amRNSEPT Disclosure
16th Apr 20089:13 amRNSOffer Update
16th Apr 20088:52 amRNSEPT Disclosure
16th Apr 20087:00 amRNSOffer Update
15th Apr 20088:51 amRNSEPT Disclosure
14th Apr 20089:22 amRNSEPT Disclosure
11th Apr 200812:28 pmRNSStatement re. Press Comment
11th Apr 200811:56 amRNSStatement re Scisys
8th Apr 20089:43 amRNSHolding(s) in Company
7th Apr 20084:35 pmRNSHolding(s) in Company
7th Apr 20087:49 amRNSHolding(s) in Company
4th Apr 200811:55 amRNSStmnt re Share Price Movement
2nd Apr 20083:47 pmRNSHolding(s) in Company
1st Apr 20083:52 pmRNSDirector/PDMR Shareholding
1st Apr 20087:01 amRNSFinal Results
27th Mar 20088:00 amRNSHolding(s) in Company
17th Mar 20084:47 pmRNSHolding(s) in Company
28th Feb 20089:02 amRNSNotice of Results
16th Jan 20087:00 amRNSNew Contract
4th Jan 20089:41 amRNSDirector/PDMR Shareholding
14th Nov 20071:53 pmRNSHolding(s) in Company
14th Nov 20079:37 amRNSDirector/PDMR Shareholding
13th Nov 20072:00 pmRNSDirectorate Change
18th Oct 20071:18 pmRNSHolding(s) in Company
12th Oct 20078:00 amRNSInterim Report
8th Oct 20074:26 pmRNSDirector's Dealings
5th Oct 20072:24 pmRNSDirectors' Dealings
1st Oct 200710:31 amRNSHolding(s) in Company
28th Sep 20078:00 amRNSTotal Voting Rights
26th Sep 20072:33 pmRNSHolding(s) in Company
21st Sep 200710:08 amRNSAdditional Listing
18th Sep 20077:01 amRNSInterim Results
14th Sep 20075:03 pmRNSTransition to IFRS
14th Sep 20071:35 pmRNSAcquisition
29th Aug 20077:01 amRNSTrading Statement

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.