Investment

Oxford Technology 2 VCT PLC 9 August 2000 Acumen Business Solutions Ltd £200,000 Oxford Technology 2 VCT has invested £200,000 in Acumen Business Solutions Ltd. £100,000 was invested in return for 3,333 ordinary shares representing 33% of the equity, and a further £100,000 has been committed for preference shares, once key milestones have been reached. Acumen Business Solutions Ltd produces a document tracking software package called 'Aware'. The software is capable of tracking documents as they move around a company, maintaining a log of where the documents have been and compiling a waiting list of those wishing to receive the document next. Acumen made its first sale of Aware to a 600 partner law firm where it has been enthusiastically received, and now the company is actively seeking resellers and distributors for the software package. For further information, please contact Oxford Technology 2 VCT on 01865 784466.
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