Reminder of why this stock is undervalued:


Hightlights from March's report on 2002

Sales from continuing operations increased by 75% to 2.277m
Renewable maintenance fee income continues to grow, up to 560,000 for the year, representing approximately 24% of annual revenues
Trading losses for the year from continuing operations reduced to 1.427m (2001: 2.431m)
Record quarterly sales in Q4 2002 of 855,700 (Q4 2001: 568,000) leading to a significantly reduced operating loss of only 33,000
Cash balance of 1.818m as at 31st December 2002
Board does not foresee any additional cash required to finance operations during 2003
Stilo is well positioned to exploit the growing demand for content
engineering solutions

These results were overlooked because the footsie was at its all year low and markets were depressed, got to be worth a lot more than 7.6p.


Difficult market conditions and the loss of one possible contract set this stock back last year. Recovery is however underway, cost cutting and other overhalls have greatly reduced overheads. Sales are improving and increased interest as announced in RNS of 19th June is helpful. It has a list of major blue chip customers that is increasing. Finally it has sufficient cash in the bank. This is undervalued.

Stilo International says Paul Curtis holds 3.38 pct
14/05/2003 07:56:01
LONDON (AFX) - Stilo International PLC said Paul Curtis has a beneficial interest in 1,700,000 ordinary shares in the company, representing 3.38 pct.

The European Parliament has signed a multi-year agreement with content engineering company Stilo, to use OmniMark- its XML content engineering middleware technology - to manage the content flow between departments.

OmniMark has been implemented to power EuroParl - the application which holds the content at the European Parliament - to perform various tasks such as transforming content into XML, flexible rendering and publication of the information in all languages used by the European Union.

The European Parliament has a large amount of official documents which need to be accessed on a regular basis, such as reports, agendas of the plenary sessions, parliamentary questions, common projects, press material and rules of procedure.

The challenge begins where all these documents arrive in different formats such as Word and PDF, yet need to be stored on a central secure system in the same format so users can tap into the content with ease. OmniMark technology converts all content into XML format, providing the European Parliament with the power to store masses of information electronically which can not only be amended quickly and simply, but also published in whatever format is required be that print, CD or via the web.

As well as providing content engineering technology, Stilo has also helped the European Parliament re-think its content management process, with the aim to improve the overall usability of EuroParl.

Commenting on the project, Les Burnham CEO of Stilo added: "We are delighted to be working with the European Parliament. The implementation of this technology reflects the added value which OmniMark brings to large governmental bodies, which by their very nature, have huge amounts of content to be managed and accessed at one time."

The deal also consists of a support and services framework agreement.

18 December 2002
Stilo achieves top ranking at Deloitte & Touche awards

Stilo International plc has been ranked in the top 25 in Deloitte & Touche European Technology Fast 500 and in the top three in the South West Fast Technology 50 Listings 2002.

Deloitte & Touche's fifth annual ranking of the South West and Wales's fastest growing technology companies, seeks to identify those businesses within the region that have shown impressive growth rates in the hardware, software, telecommunications and biotechnology markets over the last three financial years.

Stilo International Plc (www.stilo.com) is ranked third in the Fast 50 South West and Wales list with a growth rate of 1556.57%. This achievement has lead to additional success in Deloitte's European Technology 500 programme which recognises the top 500 revenue growing technology companies across Europe. Stilo International Plc is ranked at position 21 throughout Europe.

Les Burnham, CEO of Stilo International commented: "We are delighted to have achieved both of these positions. It is proving a very exciting time for Stilo, and we pride ourselves that during a year of much adversity that we continue to stand strong and achieve significant growth."

Deloitte & Touche created the Technology Fast 50/500 lists to reach out to UK and European technology companies and champion innovation in the sector. The Fast 50 programme tracks the growth rates of technology companies in seven regions in the UK and Ireland. The South West and Wales region has become known as the 'Silicon Gorge' and continues to make a substantial contribution to the UK's technology industry.

Based in Bristol and with offices in North America, Benelux and France, Stilo is a global provider of content engineering technologies and expertise and helps the worlds' largest organisations implement and extend content and knowledge management systems.

"Thank you for your email. Our interim are due out on 10th September.

Kind regards
Ismail Evren
Marketing Manager
Stilo"

IMHO, DYOR I hold STL

Seems you are correct moneyman - Good news today and a decent buy of 750k shares by someone.

Can anyone say when these shares are ever going to go above the 10p range ...........and when?