QSP worth a small punt perhaps....

MX

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QSP is pleased to confirm sound progress in its recently acquired subsidiaries, Inform Software Systems (Inform) and Information. Both companies were acquired by QSP in May 2000 and, since that time have won several contracts worth nearly £2 million.

Customer names include William Baird, Caledonian Macbrayne, Canon Manufacturing, Irwell Valley Housing Association, Macgregor Cory (Exel Group), Mitsui Babcock, North of Scotland Water Authority, Rangers Football Club, Southern Water and some existing QSP customers.

Glasgow based Inform, which specialises in e-business solutions, has also won a £1 million contract, over six months, from e-fr8.com (E-Freight Logistics). Inform will develop an internet based freight logistics system to help manage freight and inventory whilst improving customer service. With over 30% of freight mileage driven by empty vehicles, an important part of the new system is to help haulage companies ensure their vehicles are full for return trips.

Information, based in Chester, is focussed on the growing market for business intelligence. This includes the delivery of management reporting and analysis solutions to help ensure organisations extract full value from their systems.

Malachy P. Smith, QSP’s Group Chief Executive commented, “We are pleased with the rapid progress the two companies are continuing to make since their acquisition by QSP. The range of customers and the solutions delivered is impressive. The business pipeline looks encouraging and we continue to leverage our joint customer bases.”
 
From the Mirror

SUZY IN THE CITY: RUMBLE IN THE JUNGLE


SAGE by name, sage by nature. I hear the FTSE 100 accountancy software group has worked out that its tiny rival Quality Software is too greedy to accept a 60p-a-share cash offer. A leaky lawyer tells me Sage will offer that to start with, expecting a rebuff. But much of the negotiating will be with a bigger player, investment bank Schroders, which owns 24 per cent of Quality and wants to sell because the shares have dropped out of the big FTSE Actuaries Index, preventing big pension funds from taking a stake. Last week Legal & General dumped 3million shares. Yesterday the stock was down 2.25 at 34.25p.

KNOWLEDGE Technology Solutions. came out with a new press clippings product yesterday that helps companies find out what venom people like me have written about them. There's more in the pipeline.
 
This could be worth paying more attention to. Huge volume in the last few weeks with not much movement in price. Also, y2k picked it for the competition! Could some one do some TA on this for me please. Cheers

Marty
 
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