Released final results yesterday and the price fell 7% to below 190p, unfairly in my view. Profits and EPS were inline with expectations, but market was dissappointed by lack of major new contract announcements. They are growing at over 20% a year and have a forward PE of 11 for 2009, the CEO says in yesterdays Finals that XCH should benefit from recession, due to banks and financials costsaving by outsourcing systems to XCH.