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Vero Software PLC (VERO)

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Thursday 10 January, 2008

Vero Software PLC

New Venture

Vero Software PLC
10 January 2008



                               Vero Software Plc

                                  New Venture


Vero Software ("Vero") a leading supplier of CAD/CAM software to the mould and
die sector today announces that it is launching a new business division as Vero
Insight ("VI") designed to address the Business Intelligence needs of the
Manufacturing sector.


The company believes that there is a new market in the provision of a
graphically enabled Business Intelligence tool that can analyse and present
unique insights into very large sets of data. To that end it has licensed the
leading data mining solution Mineset from Silicon Graphics Inc. in California
and further developed the system for specific market sectors.


The first version will be made available immediately with an entry level 
"Personal Edition" becoming available in February. The enterprise versions will
be made available around the world in conjunction with specific partners having
individual local or sector knowledge. Mineset is already in use with British
Petroleum, Chevron Texaco and Bell Canada.


Don Babbs, Chief Executive of Vero Software said: "While Business Intelligence
tools have become the norm for the financial and consumer markets, the value
within the ever increasing data belonging to the manufacturing industry has been
largely overlooked. The formation of an experienced data mining team together
with our source code applications based on the renowned Mineset engine will see
the start of a process allowing manufacturing and industry users alike to unlock
the benefits of their data collection systems."



For further information please contact:


Vero Software Plc                                  Tel: 01453 732 900
Don Babbs, Chief Executive
Julie Randall, Finance Director


Smithfield PR                                      Tel: 020 7360 4900
Tania Wild


Blue Oar Securities                                Tel: 0117 933 0020
Mike Coe







                      This information is provided by RNS
            The company news service from the London Stock Exchange