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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 |
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0 | 0 | N/A | 0 |
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 END NRAFEIFLMSMSESS
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