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CWV Cms Webview

0.25
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cms Webview LSE:CWV London Ordinary Share GB0009580027 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sales resource boost for TDI

27/10/2006 11:00am

RNS Non-Regulatory



CMS WebView PLC
27 October 2006




RNS Reach Release


27 October 2006


                      CMS boosts sales resource for TDI(TM)


CMS WebView plc (AIM: CWV) has teamed up with Velocity Sales & Marketing Ltd,
sales and lead generation experts in the financial services industry.


Velocity and CMS are partnering to boost sales of CMS' proprietary TDI(TM)
software product, which can be used by banks, trading organisations, quote
vendors and exchanges to collect, process and distribute live financial data.


The new relationship with Velocity is part of CMS' new marketing strategy to
increase TDI(TM) sales. The strategy is now based on sales of the intellectual
property (i.e. the computer source code) to companies that will assume full
control and ongoing development of TDI(TM) within their own organisation.


Under the terms of the new partnership, Velocity will help CMS identify and
arrange meetings with decision makers within target financial services companies
involved in real-time financial data processing.


Velocity has deep roots in the financial services industry, and through its
extensive contacts, can identify companies with either an in-house "ticker
plant", or companies that are either contemplating installing a ticker plant or
are in the process of upgrading one.


Bob Antell, Chief Executive of CMS WebView, commented:


"This relationship with Velocity builds on the recent technical support
arrangements we have put in place for TDI(TM). We now have the execution
capacity to deliver our new marketing strategy, but importantly it is one that
meets our main business objective of seeking to increase turnover without adding
to central overheads."


Greg Johnson, Director of Velocity, added:


"We are pleased to be providing sales resources to CMS WebView as it targets new
customers for its TDI(TM) suite of software. This is a market we know very well
having worked in technology and financial services for many years and with a
proven track record of success. We are aware of the benefits that a product like
TDI(TM) provides and are confident that from among our contacts we will find new
customers for this very flexible suite of software."


Enquiries, please contact:


Bob Antell                             Neil Boom/Laura Black

CMS WebView plc                        Gresham PR Ltd.

020 7744 7722                          020 7404 9000


Brian Stockbridge

Corporate Synergy

020 7448 4400


Notes to editors:


About CMS WebView plc


CMS (www.cms.co.uk) listed on AIM (AIM: CWV) in August 2000. Since its original
formation in 1982, CMS has developed extensive expertise in the area of
real-time market data collection, processing and distribution.


Until 1997, when a management buy-out took place, CMS was a subsidiary of LIFFE
and formerly of the London Commodity Exchange.


The Company has spent many years developing its unique TDI(TM) software suite.
TDI(TM) is used by the Chicago Board of Trade and other exchanges to collect,
process and distribute live prices. CMS also markets the rights to TDI(TM) to
customers to use as an integral part of their own IT infrastructure.


About Velocity Sales & Marketing Ltd


Velocity is a Sales and Marketing organisation promoting solutions into target
financial sectors and business areas on behalf of its clients. The key personnel
each have some 20 years financial software vendor experience within the
financial services marketplace. This includes: Foreign Exchange and Bullion
trading arena, Banking systems, Middleware solutions for the equity trading
arena, Exchange based electronic trading systems, Ticker plant applications,
Quote Vendor terminal and Distribution systems etc.


Prior to forming Velocity in 2001 positions held by staff included: Sales and
Marketing Director of a major electronic trading platform supplier, European
Managing Director for a significant USA Financial Information vendor, New
Business UK Sales Director for a major Independent Software Vendor etc. In
addition to their experience in working with mayor financial corporations
Velocity also has significant experience in working with small companies,
including start ups, hence are familiar with the issues facing small
organisations selling mission critical software systems to larger financial
institutions.








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

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