Change of Adviser

RNS Number : 0412I

BrainJuicer Group PLC

13 November 2008

 



Press Release

13 November 2008

BrainJuicer Group PLC

('BrainJuicer' or 'the Company')

Change of Adviser

 BrainJuicer Group PLC, (AIM: BJU), a leading international online market research agency, announces that it has appointed Canaccord Adams Limited as its sole Nominated Adviser and Broker with immediate effect.

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For further information, please contact:

BrainJuicer Group PLC
John Kearon, Chief Executive Officer	Tel: [phone]
James Geddes, Chief Financial Officer	www.brainjuicer.com

Canaccord Adams Limited
Mark Williams / Adria Da Breo Richards	Tel: [phone]
	www.canaccordadams.com

UK media enquiries:

Abchurch Communications	Tel: [phone]
Heather Salmond / Joanne Shears	Tel: [phone]
[e-mail]	www.abchurch-group.com

Notes to Editors

BrainJuicer carries out quantitative online research using innovative, bespoke software to produce insightful market research for large, multinational companies, including 19 of the world's top 200 companies (FT 500 September 2006).

BrainJuicer operates in a growing sector of the US$25bn global research market, namely quantitative online research. BrainJuicer's main competitors are large traditional market research providers who have dominated the market for off-line market research, such as AC Nielsen, Millward Brown, Research International and Taylor Nelson Sofres.

Whilst the largest traditional research companies have developed their own online capability, BrainJuicer has a number of key attributes which have contributed to it achieving rapid growth and winning contracts with prestigious clients, including:

• Research platform that delivers greater diagnostic insight. BrainJuicer has developed tools and award-winning techniques that enable it to provide a greater level of qualitative diagnostic insight into quantitative market research. These techniques enable clients to enhance their understanding of consumer preference and help them make decisions on the best way to develop their products and services.

• Speed. BrainJuicer's automated research techniques enable it to conduct complicated studies very quickly. BrainJuicer's rapid deployment and results production, even on multi-country studies, provide clients with a speed to market advantage in the development of new products and services.

• A scaleable online-only business model. Unlike the traditional research companies who maintain both on and offline data collection capabilities, BrainJuicer is able to focus on operating a scaleable online-only business model.

To date the Group has conducted projects in over 50 countries and more than 30 languages and has established offices in the UK, the Netherlands and the US.  

The Group's revenues come from full service market research work, and from its online Juicy Brains Panel in the UK.

Further information on BrainJuicer can be found at www.brainjuicer.com .

 

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