LONDON (Thomson Financial) - Access Intelligence PLC cautioned that its
full-year results will be below market forecasts blaming a slower-than-expected
initial take up of MS2M's recently launched on-line compliance product and
disappointing first-half storage sales at Willow Starcom.
However, the software and computer services group said that despite this it
has ended the year with cash in excess of 800,000 stg.
It added that Due North, a provider of e-sourcing software has continued to
grow its public sector business adding 29 new customers during the year, while
Willow Starcom has seen a better second-half performance and its run rate at the
end of the year was ahead of management expectations.
The company said it is confident that operational efficiencies started in
the second half and continuing investment in product development will result in
an improved year-on-year performance in 2008.
tf.TFN-Europe_newsdesk@thomson.com
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