About INCAT

INCAT listed on AIM, a market operated by the London Stock Exchange, on 30th November 2004 at an issue price of 128p (RIC: ICN.L). INCAT is listed in the Software and Computer Services sector, subsector 972 Computer Services.

Founded in 1989, the Group is an international provider of software services and solutions focused on Product Lifecycle Management (PLM), principally to the automotive, aerospace and durable goods manufacturing industries. PLM seeks to improve a manufacturing company's product development processes and its ability to use product-related information to make better business decisions and deliver greater value to its clients.

The Group is based in the UK (Bristol), with thirteen offices in the US, three
offices in Mexico and Germany and offices in Japan, the Netherlands and Canada.
INCAT employs over 600 people and has more than 2000 clients worldwide. Clients include the Ford Motor Company, DaimlerChrysler, Honda, Northrop Grumman, Boeing, Airbus, BAE Systems AugustaWestland and Joy Mining.

For further information please visit the website: www.incat.com


2004 Turnover 65,261,000 GBP
2004 PBT 3,332,000 GBP

Recent buying (March 05) by Royal Mail Pensions Trustees Limited
Recent adding (March 05) by Britel Fund Trustees Limited
Recent buying (Feb 05) by GAM


Huge potential on this one !!

PpP: Came in to find the good news about the prospective take-over, which you hinted at in May. Sadly though, in spite of your excellent heading, you seem to be the sole beneficiary, but perhaps there are other silent watchers aboard. I couln't really understand what they were at - it seems to be a 21st C. edition of CAD/Critical Path Analysis, so hadn't bought.
Meanwhile, fortunately there are Alternative Prospects Hereabouts and I am aiming to add to APH if any dips occur.
sd.

squidd it was some good gains and I will take profits here as I am not so sure about their recent purchase of PLM. I have put the Hardman report on Alliance on the APH thread and will be putting one more link on there today which was the recent presentation about APH to GCI.

squidd ICN went well and I have added a new one to watch now Ki-Bi (Epic KIB) which should rebound well, priced dropped due to general lack of interest, but they just raised 10 million at the placing, were profitable in Q4 2004 and are looking for sales of 6 million year end 2005.

Market cap is now below cash and they have issued a statement in July saying they no know reason why the price has fallen.