Abstracts » Business

Intelligent Environments: rocky debut

Article Abstract:

Intelligent Environments has been launched on the UK Alternative Investment Market (Aim)pulling in 15.6 million pounds sterling. Venture capital backers have received much of this. The company's share price fell in Jul 1996 and this could be linked to wariness over technology stocks in the UK and problems in absorbing new issues in the UK market. The company is likely to report a loss in 1996 and 1997 but could achieve a profit of 1.68 million pounds sterling for 1998, according to Teather and Greenwood.

Intelligent Environments Ltd.

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Mondas provides Radica solution

Article Abstract:

Mondas is a computer software company which carried out a stock flotation in Oct 1996 using the Alternative Investment Market. The company has a key product called Radica which computerizes procedures and ensures that these are adhered to. Mondas will be a safer investment when it has more major clients. The company could report a further loss for 1997. The stock price has fallen to below the placing level and the stocks are a speculative investment.

Mondas

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AIT

Article Abstract:

AIT focuses on customer management systems for the retail financial services businesses. Its key business is its software system TSS which enables all customer databases held by a client to be pulled together on screen. It claims to be market leader in the UK, and it also deals with companies overseas, and aims to form more alliances with global partners. The company should be able to maintain annual sales growth of 20%.

Financial Services, Finance and Insurance, Financial services industry, AIT

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