News

TechMARK movers: Gresham up on contract win

22 February 2008 14:27:00

Financial software group Gresham Computing rose on news of a "substantial" contract win for a treasury management solution with a major customer in Australia.

"We are delighted to have been awarded this seven figure contract against stiff competition," said CEO Andrew Walton-Green.

"We are working on a number of similar opportunities in the Asia Pacific region, building on our growing client base for this product," he added.

The implementation is expected to be completed during 2008.

Gresham added it has started the current year with a "very substantial level of contracted revenues for 2008" in cash reporting, payables financing, storage and treasury management.

Bede was still in the red after the X-ray equipment specialist confirmed yesterday that an indicative offer received by the company is for far less than the existing value of the business.

FTSE TechMARK - Risers
Vernalis (VER) 10.75p +16.97%
Imagination Technologies (IMG) 106.00p +8.16%
Morse (MOR) 56.00p +7.18%
Oxford Biomedica (OXB) 29.75p +6.25%
SDL International (SDL) 270.25p +5.98%
Microgen (MCGN) 46.00p +4.55%
Gresham Computing (GHT) 70.00p +4.09%
Sepura (SEPU) 136.25p +2.83%
Thus Group (THUS) 113.50p +2.25%
Protherics (PTI) 55.50p +1.83%

FTSE TechMARK - Fallers
Ardana (ARA) 18.50p -19.57%
Bede (BED) 0.80p -9.09%
Vtech (VTH) 237.50p -7.77%
Alphameric (ALM) 20.50p -4.65%
Torotrak (TRK) 22.50p -4.26%
Skyepharma (SKP) 13.25p -3.64%
Emblaze (BLZ) 47.00p -3.09%
Elan (ELA) € 16.02 -2.97%
Parity Group (PTY) 39.50p -2.47%
Intec Telecom (ITL) 43.25p -2.26%

All data suppied by Digital Look (15 minute delay)




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