Access Intelligence PLC
13 February 2006
FOR RELEASE 7:00am 13 February 2006
ACCESS INTELLIGENCE PLC
('Access Intelligence' or 'the Group')
'An acquisition led support services Group which is starting to deliver strong
organic growth'
PREMLIMINARY RESULTS ANNOUNCEMENT
Wednesday, 8 March 2006
Access Intelligence will be announcing preliminary results for the year ended 30
November 2005 on Wednesday, 8 March 2006. On this day the Group will be holding
an analysts' meeting, the details of which are as follows:
Date: Wednesday, 8 March 2006
Time: 12.15 pm for 12.30 pm
Venue: Corporate Synergy
30 Old Broad Street
London, EC2N 1HT
Jeremy Hamer (Chairman), Brendan Austin (Chief Executive) and Colin Davies
(Finance Director) of Access Intelligence will be at the presentation.
Contacts:
Cubitt Consulting 020 7367 5100
Brian Coleman-Smith / Allison Reid / Nia Thomas
Background Note
Who are we and what do we do?
Access Intelligence is a group of companies delivering a range of business
critical support services to private and public sector organisations. The team
of directors, Jeremy Hamer, Brendan Austin, Colin Davies, Ian Savage and Alwin
Thompson, has extensive experience in making successful acquisitions while
simultaneously driving organic growth: in less than two years since flotation,
Access Intelligence has acquired and successfully integrated five businesses in
four different market segments.
The Group Today
Today, Access Intelligence is a technology-based Support Services Business. It
harnesses the power of internet-based information and communication technologies
(ICT) to deliver vital information and support services. Specifically these are:
* digital marketing services and business development support;
* online and offline data storage back-up and retrieval;
* sourcing and procurement software for both buyers and suppliers in
industry and local government; and
* electronic news and current awareness digests of Government initiatives,
policies and finance affecting business, the professions and the public sector.
The Business Model
The majority of the Group's income is derived from repeat revenues delivered
through recurring contracts ranging between one and five years in duration. This
model provides excellent visibility of future revenues and ought, with effective
customer retention, to generate outstanding gross margins over the longer term.
The Strategy for Growth
The strategy is to acquire businesses which have good management and high growth
potential that fit the revenue model while, at the same time, adding value to
the Group's existing services.
The businesses acquired will have substantial autonomy to develop within budgets
agreed with the Group Chief Executive and Finance Director, whilst benefiting
from the experience and cross selling opportunities provided by being part of
an expanding group of companies.
At this stage in development, the Group's Executive Team which is based in York,
will be kept to a maximum of four people, including support staff. The
non-executive directors will continue to be involved in sourcing and evaluating
potential acquisitions and monitoring the performance of the Group.
This information is provided by RNS
The company news service from the London Stock Exchange
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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.
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