Oxford Technology Vent Cap Tst PLC
1 November 2000
Eurogen Systems Ltd
Oxford Technology VCT has invested £25,000 in Eurogen Systems Ltd for 25,000
ordinary shares, representing about 6% of the equity. This brings Oxford
Technology VCT's total ordinary shareholding in the company to about 22.5%.
Eurogen Systems Ltd produces software for the hire industry, covering all
aspects of hire, including plant, tool, catering, and more recently, vehicles.
There are many opportunities for expansion, both in the new vehicle hire market
and geographically, particularly overseas, where the new vehicle-hire software
is already in use in many countries. Oxford Technology VCT is co-investing
alongside a number of other parties, including Oxford Technology 2 VCT, and it
is intended that this round should provide capital to allow further development
of the next generation software and to strengthen the company's orderbook.
For further information, please contact Oxford Technology VCT on 01865 784466.