IFNC Infonic

    
  Infonic PLC
  05 November 2008
   

    

    INFONIC PLC ('Infonic' or the 'Company')

    Document Management division signs 2,500 enterprise licence with portfolio management company

    Infonic plc, the UK AIM-listed software provider, announces that last week its Document Management division signed a 2,500 user
enterprise licence with Peverel Group Limited, the portfolio landlord and property management company.  Infonic's software has already gone
live in three customer sites and will be used by Peverel to store, organise and retrieve accounts payable, customer helpdesk and property
maintenance records, being integrated with Peverel's other software applications. The contract value is for �390,000 plus VAT which includes
three years' support and maintenance. 

    Mark Thompson, Chief Executive of Infonic, said: "We are delighted that our software has already gone live, so Peverel can already enjoy
without delay the cost savings and return on investment that our software provides."

    For further information please visit www.infonic.com or contact:


 Infonic plc 
 Mark Thompson, Chief Executive     Tel: +44 (0) 1483 443000  

 Parkgreen Communications Limited
 Paul McManus                      Tel: +44 (0) 20 7933 8787
                                   Mob: +44 (0) 7980 541 893
                                   paul.mcmanus@parkgreenmedia.com
 FinnCap 
 Geoff Nash/Rose Herbert           Tel: +44 (0) 20 7600 1658

      About Infonic plc
    Infonic is a global leader in providing unique software focusing on document and text capture, distribution and analysis. Infonic's
software is used every day to improve efficiency for some of the world's leading companies, military and maritime organisations and
government departments.

    Infonic was founded in 2000 and listed on AIM in 2003 (previously named Corpora plc).

    Infonic makes three core software technologies: 

    Geo-Replicator software uses powerful, patented data compression and synchronisation technology to replicate data rapidly between
servers and laptops and server-to-server. This is vital where servers are separated geographically and data transmission would ordinarily be
slow and where personnel work remotely but need access to replicated data in the field. 

    Document Management software makes possible the digital capture, storage, search and retrieval of any type of document, including
scanned images, word documents, e-mails and pdfs. Our software enables businesses to dispense with hard copy filing and stores documents in
secure folder systems which permitted users can access simultaneously.

    Text Analytics software automatically understands, analyses and reports on the underlying events and sentiment behind thousands of news
stories, reading unstructured news in milliseconds and presenting the end user with an instant understanding of content. Sentiment has a
number of applications such as giving financial traders a time advantage in understanding whether the news sentiment behind a stock is
positive, negative or neutral.

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