Statement re Investment
07 Agosto 2003 - 4:00AM
UK Regulatory
RNS Number:4209O
Eurovestech PLC
07 August 2003
7th August, 2003
Eurovestech PLC ("the Company")
Statement re Investment
Eurovestech is pleased to report that in recent months, Cjudge, the Paris-based
online market research and software company has secured several material blue
chip client wins and as a result has reached profitability ahead of our
expectations. New clients include Amgen Corporation, Banques Populaires,
Christian Dior, Egg France, IKEA, l'Oreal and Peugeot. Cjudge's sales pipeline
indicates continuing strong revenue growth.
In January 2003, Eurovestech agreed to invest an additional Euro200,000 taking its
total investment to Euro2,320,000 and its equity stake to 73 per cent.
Richard Bernstein, Chief Executive of Eurovestech commented, "Cjudge's critical
mass in France together with the strength of its product offering based on
online market research expertise and technology is a powerful combination,
particularly in a high growth industry where large corporations are prepared to
invest significant sums in order to assess customer feedback speedily and
effectively. We look forward to Cjudge's future with confidence."
Further enquiries:
Eurovestech plc
Richard Bernstein
Chief Executive Tel: 020 7491 0770
This information is provided by RNS
The company news service from the London Stock Exchange
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