NETB2B2 (AIM:NEB)
Software & Computer Services
http://www.netb2b2.com/
Strategy
The overriding business objective of the company is to become a leading provider of Internet-based business-to-business services. This objective is to be achieved through:
the acquisition of business service providers, where ownership by the Company will lead to enhanced market penetration and appropriate extensions to product offering; and
investment in and development of Internet-based business-to-business concepts.
Contact Details
Netb2b2 PLC
20/26 Brunswick Place,
London N1 6DZ
E-mail: Info@netb2b2.com
Investor Relations: IR@netb2b2.com
This technology services minnow is benefiting from restructuring its business, with a reduced loss in spite of a lower turnover. The company made a small trading profit - of 2,000 - which should bode well for the current financial year. Of its three trading divisions, cScape seems to be doing the best, winning a number of new projects and benefiting from the government's e-government initiative.
NetB2B2's publishing division ITM Graphics would appear to be breaking-even, while IBM business partner Blue Sky has changed its focus to higher margin hosting business, having shut down its consulting activities.
Shares says: Looks better placed after its share reorganisation and fund raising.
Normal market size:5,000
% spread: 21.4%
Highlights of ongoing group
Turnover 5.1million (2002: 5.7 million)
Ebitda 280,000 (2002: Loss 501,000)
Trading profit 2,000 (2002: Loss 0.973m)
Loss per share 0.07p (2002: Loss 0.84p)
Increase in operating companies client bases
Cash generative and profitable performance for cScape
Successful capital re-organisation
Successful placings raising 350,000 net of expenses
RNS Number:2696U
Net b2b2 PLC
15 January 2004
Netb2b2 plc
LAUNCH OF NEW CMS WIZARD IN CONJUNCTION WITH MICROSOFT
RESULT OF AGM
Netb2b2 plc, the AIM listed digital services group announces that its wholly
owned subsidiary company cScape Ltd has today launched a new Wizard tool
- The CMS Wizard, which will be given worldwide marketing support by Microsoft.
CMS Wizard has been jointly developed with Danish firm Mondosoft, and provides a
cost-effective way of building and maintaining a website. The CMS Wizard will
retail for $1,999.99 and is licensed on a per server basis. Revenue will be
split between the two firms.
The CMS Wizard requires minimal technical skills and has been developed to
create professional content managed websites from scratch within minutes.
Designed specifically to plug into both Standard and Enterprise editions of
Microsoft's Content Management Server, the CMS Wizard contains a range of
website styles designed to suit different organisational structures and comes
complete with an integrated search facility.
Netb2b2 plc Managing Director, Andy Gannon commented: "cScape has worked closely
with Microsoft Corp for over ten months to develop this product. Microsoft
promoted the CMS Wizard internationally to thousands of their Partners and
valuable feedback was canvassed from these parties to ensure the CMS Wizard
fully meets the needs of the partner community."
"We expect the product to be particularly successful in the public sectors,
particularly at the local government level. However, demand should also be
strong in corporates at a departmental level, where up until now they have
faced many deployment challenges when implementing a content management system
- a lack of relevant technical skills, prohibitive costs and lengthy timescales.
Using the CMS Wizard in conjunction with Microsoft's Content Management Server
companies can overcome these challenges by speedily creating well designed,
searchable, CMS-enabled websites at a fraction of the cost of previous
implementations."
Keith Young, Chairman, commenting at the Annual General Meeting of Netb2b2 plc
held today where all resolutions put to the meeting were duly passed, added:
"The positive trends mentioned in my chairman's statement of 19 November have
continued and we continue to place emphasis on both organic and acquisitive
growth going forward. It is very pleasing that our .Net Tools wizard has been
launched today in conjunction with Microsoft."
The CMS Wizard is available to purchase on-line at www.cms-wizard.com.
For further information, please contact:
Andrew Gannon Theresa Clifford John West / Claire Melly
Netb2b2 plc cScape Tavistock Communications
Tel: 020 7878 1007 Tel: 020 7689 8800 Tel 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGBAMBTMMMBBTI
Current Price: 0.95-1.15 pence.
