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Tadpole - Final Results (TAD)     

Titanium22 - 28 Jan 2003 18:07

Highlights of the Year:

Tadpole sells Hardware Division, becomes a focused Web software developer
and enabler

Software business grew 24%, margins improved 50%

Loss of 6.6 million (2001 - 7.2 million) before goodwill amortisation
and currency exchange ahead of market expectations

Cartesia subsidiary strengthened its strategic business alliance with
ESRI, won multi-million pound ESRI-based project with UK mapping agency
Ordnance Survey to help build and maintain the digital face of Britain

Endeavors Technology subsidiary wins early contracts, including Mitsubishi
Motors of America; introduces new on-demand applications distribution
solution, develops new solution for secure interoperability of popular
instant messaging (IM) platforms used in the enterprise

Outlook - Group has sufficient financing facilities to support current
business plan and strategy, Cartesia expected to be profitable by end of
current year, Endeavors intellectual property remains a strong foundation on
which to develop the Group's business

Bernard Hulme, group chief executive of Tadpole Technology plc, comments:

'The past two years has seen Tadpole invest strongly in developing its software
capability. We believe that the quality, value add and early return on
investment that these innovative products can now bring to customers enables the
Group to look for notable progress in fiscal 2003.'


http://www.uk-wire.co.uk/cgi-bin/articles/200301281752547424G.html



T22

Martini - 29 Jan 2003 01:02 - 7 of 9

Thats worth a LOL and yes at my back I oft time hear times winged chariot drawing near.

shagnasty - 13 May 2003 16:49 - 8 of 9

nice to look back

shagnasty - 14 May 2003 20:31 - 9 of 9

LOL!!!!!
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