Access Intelligence PLC
25 July 2006
FOR RELEASE 7.00AM 25 July 2006
ACCESS INTELLIGENCE PLC
('Access Intelligence' or 'the Group')
'An acquisition led support services Group which is starting to deliver strong
INTERIM RESULTS ANNOUNCEMENT
TUESDAY, 1 AUGUST 2006
Access Intelligence will be announcing results for the year ended 31 May 2006 on
Tuesday, 1 August 2006. On the day, the Group will be holding an analysts'
meeting, the details of which are as follows:
Date: Tuesday, 1 August 2006
Time: 12.15 pm for 12.30 pm
Venue: Corporate Synergy
30 Old Broad Street
London, EC2N 1HT
Jeremy Hamer (Chairman), Brendan Austin (Chief Executive) and Colin Davies
(Finance Director) of Access Intelligence will be at the presentation.
Cubitt Consulting 020 7367 5100
Brian Coleman-Smith / Allison Reid / Nia Thomas
Who are we and what do we do?
Access Intelligence is a group of companies delivering a range of software and
computer based services which have strong legislative business drivers and are
critical 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.
The Group Today
Today, Access Intelligence is a software and computer services based business,
providing critical services which have strong legislative business drivers, to
both public and private sectors.
The business has three divisions:
Data backup and recovery
•Online and offline storage and retrieval
•High availability systems
Compliance based software and services
•sourcing and procurement software for both buyers and suppliers
in industry and local government
•e-tendering and contract/supplier management systems
Information and marketing services
•electronic news and current awareness digests of Government initiatives,
policies and finance affecting business, and the public sector.
•digital marketing services and business development support;
The Business Model
The majority of the Group's income is derived from repeat revenues delivered
through recurring contracts ranging between one and five years in duration.
This model provides excellent visibility of future revenues and ought, with
effective customer retention, to generate outstanding gross margins over the
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 in development, the Group's Executive Team which is based in York,
will be kept to a maximum of three 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.
This information is provided by RNS
The company news service from the London Stock Exchange