Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address


  Print      Mail a friend

Tuesday 23 September, 2008



                               Ultima Networks plc
                           (`Ultima' or the `Company')

             Acquisition of JCS Computing Solutions Limited (`JCS')

The Directors of Ultima (the `Directors') are pleased to announce the completion
of the acquisition of JCS by Cognito Software Limited (`Cognito'), a subsidiary
of Ultima, on 23 September 2008, which is a substantial acquisition as defined
in the AIM Rules. The operations of the two entities will be merged and will
trade under the brand of Cognito, Ultima's legal software brand.

The cost of the acquisition was £268,664 and in JCS's last unaudited accounts
for the year ended 30 June 2008 the turnover was £284,636; generating profit
before tax of £65,210.  JCS's unaudited net assets were £108,664 as at 30 June

The enlarged Cognito will now have a client base of nearly 300 and will continue
to provide software and services to the legal profession, along with marketing a
comprehensive range of multi-user software for solicitors. The first Cognito
product was originally developed in 1991 and the software has evolved to meet
the expanding needs of an industry that is increasingly automating repetitive

Founders Roger Jackson and Kerry Frater, who successfully built JCS into the
longest standing member in the Law Society's Software Solutions Guide, have been
appointed Managing Director and Chief Technical Officer respectively of the
combined company. Their experience and expertise will help formulate and drive
the strategy for all Cognito products and services in the months and years to
come.  Cognito is now well placed to continue to achieve its key objectives of
product development and increasing market presence.

With the goal being to develop new versions of both companies' software, the
merger creates a substantially larger development team. This will allow for more
aggressive and ambitious targets by combining the skills and expertise that both
companies have built up over 17 years in the legal software market. The result
will be a quicker and more functional software suite, well placed to take
existing and new clients into the emerging requirements of legal IT.

JCS also brings a number of innovations to the Cognito range. It already has in
place the mechanisms and functionality for on-line identity checking, text
messaging, stamp duty land tax submissions, integrated scanning, pdf document
construction and merging, and is in the process of integrating a professional
will production module.  JCS also provides the option for complete "turnkey
solutions": supplying all hardware, software, support & services - giving
clients the attractive option of a "one-stop shop" for all of their IT needs.

Humayun Mughal, Chairman and CEO of Ultima, commented:
"We believe that this represents a fantastic opportunity to exploit the
considerable synergies that exist between the two companies. This will allow us
to more effectively achieve our two principal objectives which are of critical
importance to our customers: market leading software, from a secure and
innovative supplier.
The merger will result in a greater development team that I believe will enhance
product innovation and development, along with a support & training team large
enough to make the implementation more effective, and therefore the take up and
return on investment of new software modules faster.
Fundamentally I am confident that this acquisition will provide us with a larger
client base and will be earnings enhancing for the Company."

Roger Jackson, Managing Director of Cognito Software Limited, commented:
"This merger offers great potential for synergy between our two companies, as
Cognito and JCS have their respective market strengths. Both organisations have
abilities that will complement the other's offerings and will in turn result in
an enhanced merged company.
The merger will make the new Cognito one of the leading suppliers of practice
and case management software in the country, providing ongoing security for all
our clients. The new Cognito will result in a structure that will work with and
listen to the needs of its clients in order to create solutions that really make
a difference."

                                                               23 September 2008


Ultima Networks plc             +44 (0) 1279 821 200
Humayun Mughal, Chairman

Haggie Financial Ltd            +44 (0) 207 417 8989
Nicholas Nelson/Kathy Boate     [email protected]

Blomfield Corporate             +44 (0) 207 489 4500
Finance Limited
Alan MacKenzie/James Pinner

Notes to Editors:

Ultima operates through two divisions: the Services Division and the Products
Division. The Company's Services Division is primarily responsible for supplying
computer application software, related support and other services to the legal
profession principally through the Cognito brand. The Products Division is
responsible for the development and sale of consumer and specialist electrical
goods, with a focus on renewable and low energy products.

For more information please go to:

For more information on Cognito please go

a d v e r t i s e m e n t