Access Intelligence has five operating subsidiaries:

* The Marketing Guild, based in York, which provides marketing advice
and support to small and medium sized businesses. This is in the form of
newsletters, consultancy, lead generation and member's services.
http://www.marketing-guild.com

* Wired Gov, based in Stockport, provides an online information service
delivering press releases from over 100 government and public sector
bodies. Subscribers can customise the service specifying the agency or
topic they require.
http://www.wired-gov.com

* Backup and Running, based in York, provides an online data storage and
disaster recovery service, which the client can customize to their own
requirements. The service offers significant advantages over other
alternative systems in that it backs up automatically and can provide a
complete backup history for at least three years.
http://www.backupandrunning.co.uk


* Willow Starcom (Ridgeway Technologies), based in Chorley, provides
specialist IT services across a broad range of market sectors that
include data storage, backup and recovery, network design support and
consultancy and hardware and software maintenance support services. It
has growing recurring revenues from these activities of over 1million
per annum.
http://www.willowstarcom.co.uk


* Due North, based in Newcastle-Upon-Tyne, is a developer and provider of
e- commerce solutions, primarily to the public sector and emergency
services. The range of products includes an e-tendering module combined
with an e-auction module.
http://www.due-north.com


Access Intelligence is a group of companies delivering a range of business
critical support services to private and public sector organisations.
The team of Directors, Jeremy Hamer, Brendan Austin, Colin Davies, Ian Savage
and Alwin Thompson, has extensive experience in making successful acquisitions
while simultaneously driving organic growth: in less than two years since
flotation, Access Intelligence has acquired and successfully integrated five
businesses in four different market segments.

The Group Today

Today, Access Intelligence is a technology-based Support Services Business. It
harnesses the power of internet-based Information and Communication Technologies (ICT) to deliver vital information and support services. Specifically these are:

* Digital marketing services and business development support.
* Online and offline data storage back-up and retrieval
* Sourcing and procurement software for both buyers and suppliers in
industry and local government
* Electronic news and current awareness digests of Government initiatives,
policies and finance affecting business, the professions and the public sector

The Business Model

The majority of the Group's income is from repeating revenues delivered through
recurring contracts ranging between one and five years. This model provides
excellent visibility of future revenues and, with effective customer retention,
outstanding gross margins over the longer term.

The Strategy for Growth

The strategy is to acquire businesses which have good management and high growth potential that fit the revenue model while, at the same time, adding value to the Group's existing services.

The businesses acquired will have substantial autonomy to develop within budgets
agreed with the Group Chief Executive and Finance Director, whilst benefiting
from the experience and cross selling opportunities provided by being part of an
expanding group of companies.

At this stage of the Group's development, the Central Group Executive Team,
which is based in York, will be kept to a maximum of four people, including
support staff. The Non-Executive Directors will continue to be involved in
sourcing and evaluating potential acquisitions and monitoring the performance of
the Group.

Looks like people got more and the price went up..Peeps have this on the watch list and are diving in when it drops... as you say.... hmmmmm

lets hope the expectation of this share will be realised i have no doubt the company will flourish but will the market regonise it? Always a danger with smalll cap shares.

encouraging hike in the bid this morning.... wonder what's been going behind the scene this week to make it go up & down like a yo-yo!

Kivver/skyhigh... maybe another acquisition in the wings, on 02/12/05 they mentioned that the pipeline of potential acquisitions remained buoyant and, they still had net cash in excess of 600,000.
2517

Its the ACC yo-yo effect :)

When they shake it down, then you know there is a buy around, so it will go back up :)

Nice set of results today, good progress and outlook.

Yes... It's looking good ! onwards and upwards..

Yes very promising , we could be looking at eps for the full year of around 0.45p.
2517

shame about the current sp though... was well up first thing and looking good but has now dropped back.. I bbought in earlier in the yr at 8p so need this to go some to get into profit...

Im looking foward to St Ledgers Day, this should then move up to where it should be.

'scuse my ignorance but why St Ledgers Day (& when is it anyway?)

Hi Sky, its an old saying in the shares world 'Sell in May and go away until St Ledgers Day''. St Ledgers is actually a famous horse race in September. Its meant to reflect the lower activity seen durung the holiday months. Smaller caps often are overseen in these lull times especially in an uncertain market. Is it true???? working lunch programme has a view:-
http://news.bbc.co.uk/1/hi/programmes/working_lunch/4469277.stm

Nice article on ACC on http://www.growthcompany.co.uk and a "speculative buy" rating.

Yes, good article - thanks Papal... shame about the sp this though... best shape the company has been in and nearly the lowest sp ever !.... Good time to top up me thinks as the future looks good.

yea thanks PP!!

FOR RELEASE 7.00AM 20 SEPTEMBER 2006

ACCESS INTELLIGENCE PLC

Proposed Acquisition of Management Services 2000 Limited

Placing of 25,000,000 new Ordinary Shares at 6 pence per share to raise 1,500,000

Notice of Extraordinary General Meeting

Nominated Adviser and Broker

Corporate Synergy Plc

* Placing of 25,000,000 ordinary shares at 6p per Ordinary Share

* Acquisition of Management Services 2000 ("MS2M"), a developer of compliance
software for the financial services industry, for an initial consideration
of 1.95 million

*
+ 1.45 million in cash (cash consideration 1 million together with an
amount equal to the cash balances of MS2M in excess of 300,000,
estimated to be 450,000)

+ 500,000 in new Ordinary Shares.

+ Deferred consideration based on five times the average operating profit
for the two years ending 31 May 2007 and 31 May 2008 less the amount of
the initial consideration

+ Total deferred consideration not exceeding 2.5 million.

* MS2M generated operating profits of 104,000 on a turnover of 607,000 in
the year ended 31 May 2004 and profits of 299,000 on a turnover of
893,000 in the year ended 31 May 2005. It has recurring revenues of
approximately 300,000 per annum.

Jeremy Hamer, the Chairman of Access Intelligence, commented:

"The acquisition of Management Services 2000, known as MS2M, is, we believe,
another excellent acquisition for Access Intelligence. It has a blue chip
client base among some of the leading banks, building societies and financial
institutions.

With the increasing compliance requirements both in UK and the European Union,
we believe that MS2M has tremendous growth opportunities particularly in the UK
where its "Virtual Compliance Officer" helps companies comply with the
Financial Services Authority's regulatory requirements.

The Group's existing businesses are performing well and the we believe that
they have exciting growth prospects."

Good news.... seems like a smart move opening up lots of new potential...however, not sure if this is the correct assumption to make but they seem to have paid alot for it...and, without any incremental growth etc., would take 5yrs+ before the're in pocket....

market dosn't seem too impressed either... sp bid gone back down..

Well this was the deal that Brendan Austen spoke to me about at Master Investor 2006 (1 Apr 06). I note skyhigh's concerns about time it will take to profit the group. Any other views?

The max. cost to ACC appears to be just below 4.5 spread over 2 years. Good margins @ MS2M so the key is growing the T/O. I assume that the profit (if any) for the year to 31st May 06 will go into ACC's cofers. (When are they due? ) Also with an increased client base the prospect of cross selling services adds to the attraction. Management have added and bedded in previous acquisitions, so I for one am happy to give them the benefit. Only downside is the slight dilution but @ 6p that's nothing alarming, I suppose the question of why MS2M are happy to sell when their results must be due soon could be a worry. All IMHO of course.
2517

PP, just a point of note: Tom Winnifrith (t1ps) has just bought into ACC as a very long term hold.