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Altitude Share Discussion Threads
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|Thanks, Yes i missed it on first read this morning.|
|Actually it is mentioned in the Chairman's Statement under Trade Only Exhibitions and Publications:
'On 15 April 2016, following an increase in the Company's share price, the Group was obliged to disclose the existence of early stage discussions for the disposal of the Exhibitions and Publications business. The discussions are ongoing, and there is no guarantee at this stage that they will lead to a successful conclusion. If the transaction is agreed, the Directors expect that it would be classified as a fundamental change of business under the AIM Rules for Companies and require the prior approval of shareholders.'|
|Restructuring starting to bear fruit with an adjusted operating profit, no mention in the results of the recent offer.|
|Massive 190K buy @13:50 time stamped at 13:51:34 just popped up
Monday should be very interesting|
|All guesswork jumbone so bear that in mind.|
That would equate to more that 9.3 p cash per share + the SaaS side of business including Artworktool
|Hard to value as we don't have segmented info on the two parts of the co but at just over 6 million m'cap we will be left with the SAAS side of things and i suspect 4 million cash.|
Where do you see this go ?
Short term & Med term?|
|Well done janeann, i'm in a similar position but sold a few incase this deal falls.|
|well amazing; have held these for over 2 years at a small loss; bought a few more this morning at.135p and then this. Not often my timing is that lucky!|
|How much will that sale be worth... Any thoughts?|
|Excellent news for once here!!|
|Interest sparked by a holding announcement??? Could this be the turning??|
|Integration Agreement with Constant Contact
The Directors of Altitude (AIM: ALT), the provider of innovative technology solutions for small to medium sized businesses, are pleased to announce that on 30 September 2015 Customer Focus Software Limited (a wholly owned subsidiary of Altitude) signed an agreement with Constant Contact Inc. (NASDAQ: CTCT) to integrate the Group's Artworktool content creation and sharing solution into Constant Contact's unique all-in-one online marketing platform for SMEs.
When completed, the integration will provide the more than 650,000 customers of Constant Contact with free access to basic Artworktool functionality, enabling them to design graphics while creating their email marketing campaigns. With a single click using any browser, the patented solution launches a correctly sized canvas to match the email template the user is working on, with features including image upload from social media, fonts, shapes, special effects and clipart.
With an initial term of 12 months, the agreement provides Artworktool access to users that create artwork, automatically registering them for a free Artworktool account and the ability to easily upgrade their access to pay for premium services such as image and vector file downloads on a per action basis.
Richard Sowerby, Executive Chairman of Altitude said "This is an exciting development which demonstrates that our patented Artworktool software is globally scalable. Being integrated into the primary product offering of a global brand leader, serving SMEs around the world will drive substantial numbers of users to our Artworktool platform and provide them with the opportunity to upgrade to our premium value added services."|
|Still loss making but getting there imv...|
|Interesting Patent invented by Martin Varley issued..
Issue of US Patent
Altitude Group plc (AIM: ALT), the provider of information and technology services, announces that on 11 August 2015 a US patent was issued to Trade Only Limited, a subsidiary of the Company (the "Patent"). The Patent covers a number of claims related to the creation and rendering of artwork on to images online with the output in the correct format for web publishing or as a print ready file. In addition, the Patent covers technology designed to assist suppliers with managing inventory requirements.
The core technology protected by the Patent is used currently in the Artworktool.com solution. This provides the capability for users to create an artwork canvas to the correct size with a single click, based on either attributes on the page or from user inputted dimensions using any browser.
With a comprehensive set of tools within the solution, users can quickly and easily create print-ready artwork for any purpose and to any size, size images, change fonts, add layers and text effects.
Designs can be output directly to a web page to assist online sellers of personalised products, exported to be used for a Facebook cover or Twitter image, added to Google Drive or DropBox, integrated into existing ERP workflows and shared amongst friends on social media networks.
In addition, through seamless integration with Fotolia, users can instantly search from 30 million stock images and add to the design with a single click, or connect Facebook, Instagram and Twitter accounts to use existing images and content in new artwork creations.
Richard Sowerby, Executive Chairman, commented: "The grant of the US patent is the culmination of three years of work and investment in this innovative solution allowing any website publisher to fully integrate HTML5 artwork creation ability into their site. With wide ranging applications for website and email marketing publishers, print, sign and personalised gift companies as well as all the students worldwide that need to create content, Artworktool brings design and artwork creation to everyone online."
Vicky Robinson, Group Managing Director, said: "Our team has created an excellent solution that answers a clear market need. Alongside the many B2B applications our users can be up and running with a free account by simply logging in with a Facebook or Google+ account and they will instantly have access to all of the tools needed to create artwork for home, business, school or college."
Invented by Martin Varley, the Patent was issued to Trade Only Limited on 11 August 2015 with Patent No.: US 9,104,298.|
|TD do you have some connection with the directors here and at JNY?|
|What else has changed here, after the board changes? Anyone else below board changed ...Am worried here that the old (now new) team just go back to allowing losses to continue and no top line growth .. Why is it different this time ?|
|Yes and a steady climb back up again, up 1p today...|
|Martin Varley ups his stake to over 28%....and a tick up again.|
|Vicky Robinson as Managing Director has taken the day-to-day management role from the Executive Chairman. In Vicky, we have an experienced and capable leader managing the business to deliver an improved performance and giving greater focus to the whole Group. Our previous structure had individual operational leaders running modest-sized businesses reporting to a part-time Executive Chairman.
We have also strengthened our Board with the appointment of Peter Hallett who brings a wealth of experience and an independent perspective to our Board and to the strategic planning.
Our new management structure enables the Group to remove inefficient and duplicated back office functions from across the businesses and geographies.
Centralising these and many of our support functions has enabled us to maintain our sales and customer facing capability. We have already brought a number of these operations together for the UK and US businesses and also merged our Technologo and Artwork Tool products into the US and UK sales operations.
The impact of these changes is still being fully realised, however our initial estimate indicates the removal of approximately of GBP1.2 million of annual costs from the Group. Approximately GBP1 million of these savings are salary related, representing a significant reduction in the context of our overall group personnel costs.
These changes have been achieved at a one-off cash cost of approximately GBP150,000, which has been funded from existing cash resources and we are confident that the Group is adequately funded.
I would like to take this opportunity to thank our dedicated team for their hard work and support through this period of change."
|Introducing 'Investables'. Pre-vetted alt investments from the top drawer. London based, but global.
Pls msg me for details. Thanks.|