Screen PLC
13 June 2000
Extracts from Chairman's Statement at AGM 13th June 2000.
At today's annual general meeting of Screen Plc the Chairman, Owen Williams,
made a statement extracts from which are set out below:-
'Board Appointment
Having already strengthened the Board by the appointment of Mr Ian Taylor in
February of this year Mr James Shand joins the board as Finance Director with
effect from today. Dr John Forrest, non-executive director, has decided not
to stand for re-election at the annual general meeting and ceases to be a
director with effect from today. The company intends to appoint an additional
non-executive director shortly.'
'Trading
The company still enjoys a strong net cash position and expects to see a
substantial growth in revenues at the half year and full year stages.
Consolidation of the Tranzline, the leading author in the UK of CRM (Customer
Relationship Management) software, which was acquired in May, into the
business is proceeding well. Full effect of this acquisition will be felt in
the 2nd half of the year.
Petards International is experiencing a strong trading period with
contribution from SWIFT, the wireless based rapid deployment camera.
Petards Datax has introduced new products and whilst this slowed shipments in
the first few months of the year we expect a very bouyant full year result
from this business.'
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