COUNTYWeb.com PLC
2 April 2001
COUNTYWeb.com PLC
Acquisition of business and assets of Ansaback
Further to the announcement made on 27 March 2001, COUNTYWeb.com PLC
('COUNTYWeb' or the 'Company'), the on-line regional business directory
provider, has now acquired certain customers and assets from Ipswich-based 24/
7 message and call-centre service Cedar Ansaback Ltd for a total consideration
of £194,000.
The acquisition, will provide COUNTYWeb with a specialist overflow and out of
hours message taking service and its associated software. It is proposed that
the call-centre service will be consolidated with the Company's own operations
at it's office in Ipswich.
Some 200 client contracts and 76 full or part time staff will be transferred
to COUNTYWeb enabling COUNTYWeb to offer a full out of hours service to its
existing client base and extend the utilisation of its existing outbound call
centre technology to 24 hours a day, 7 days a week. The existing contracts
have an estimated annual value of approximately £500,000 and it is anticipated
that the majority of these clients will renew at the end of their current
contracts. It is proposed that each new client will be given an enhanced entry
in the COUNTYWeb directory free of charge for the first 3 months, resulting in
higher visibility for their business. This additional business, along with the
existing base of more than 2,000 clients, will give COUNTYWeb a greater
recurring revenue base for the future.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.