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Share Name | Share Symbol | Market | Type |
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Safety First Trust Series 2009-2 | AMEX:ABI | AMEX | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
RNS Number:8460I Ambient PLC 18 March 2003 AMBIENT ANNOUNCES A NEW PARTNERSHIP BETWEEN ITS INTERNET SERVICES SUBSIDIARY TOUCH (GoE) plc AND BT plc London, 18th March 2003 - Ambient plc, the Aim-listed business and marketing services group, announced today that its internet services subsidiary Touch has signed a strategic and innovative agreement with BT plc for the distribution of broadband and internet access solutions. Since February 2003, Touch has also reduced its annual cost base by #750,000 and is in the process of launching a number of other new products, which together will make a significant contribution to its operational performance. This agreement with BT enables Touch, via its telesales divisions in both Burnley and Nottingham and its network of Touch partners, to distribute BT broadband services via its unique UK-wide online community network. These services will be co-branded and Touch will be able to use the terms "working with BT" and "BT e-business solutions provider" in its marketing material and campaigns. In a further initiative BT is currently promoting a range of Touch services that complement its multi-million pound investment in online network infrastructure and broadband promotion. In particular, BT is offering Touch portal products to clients who need interactive online community facilities for their users which themselves require broadband access. Of the partnership initiative with Touch, Mike Stone Director BT Stepchange (part of BT Government) said: "Touch have developed an imaginative set of Broadband enabled electronic community tools and applications, that will bring internet services into the local communities. The Touch platform provides the community with a facility for all local online services, products and activities. We believe that the features and benefits of this software are unique. We are delighted to be able to support this partnership which is complementary to our 'Broadband Britain' initiatives". Of the partnership initiative with BT plc, Vincent Isaacs, Chairman of Ambient said: "The partnership with BT endorses the platform we have developed for online communities in the UK. The broadband infrastructure, coupled with the Touch portals, is a powerful combination for all users, and is available in a truly cost effective manner. Broadband access is clearly an important and high growth area for BT and it is good for Touch and Ambient to be a part of that growth." Ends For further information, please contact: Ambient plc 020 7452 5200 Vincent Isaacs, Chairman Andrew Stimpson, Group Managing Director BT 0161 237 8753 Jeff Rose Merlin Financial Communications 020 7606 1244 Paul Lockstone / David Simonson / Clare Maciocia Background on Ambient plc (www.ambientplc.com) Ambient plc ("Ambient") is a group of business and marketing service companies which floated on the Alternative Investment Market in May 1998. The principal activities of the Ambient group are carried out through its 4 subsidiary companies that comprise: * Moneybox (60.1% subsidiary) www.moneybox.co.uk - owner and operator of convenience cash machines (ATMs) * WMRC (100% subsidiary) www.wmrc.com - leading provider of business intelligence and business publishing * Touch (100% subsidiary) www.touchplc.com - provider of Internet services to small and medium sized businesses and operator of local portals * EMP (100% subsidiary) www.emp.tv - provider of digital screen media services to Sainsburys, Marks & Spencer and other leading businesses Background on Touch (www.touchplc.com) Touch, a wholly owned subsidiary of Ambient plc, operates in the marketing and web services sector through 2 main divisions. * Touch NW, the Telesales division, currently employs 60 sales personnel in its offices in Burnley and Nottingham selling domain names, web hosting and online advertising promotions principally to the SME market. The proactive telesales personnel sell value-added bundled offerings giving the customer online promotion across multiple third party sites as well as promoting the local Touch community portals. An increasing amount of revenue is derived from customer renewals and from the ability to upsell higher value products and services into the existing database of customers. Touch NW currently has in excess of 8,000 accounts with whom they conduct on-going business. * The local Web Services Division has recently developed a more scalable method of growing its distribution strength whereby it has granted exclusive city territories to Managing e-Consultants ('MeC'). The MeC is responsible for the creation of a team of e-Consultants who will sell the Touch suite of integrated software products and services to end users within that territory. These products range from a basic enhanced business listing on the local portal through to a self-publishing website which are ideally suited and priced for the SME market, up to a full portal offering which is relevant for larger companies and other organisations including clubs, societies and trade bodies who have large and often complicated communities to manage. Each product sale comprises two elements - a set-up fee and a recurring monthly service provision fee - both of which are shared between the MeC, e-Consultant and Touch. This division also operates local interactive community portals utilising US-based software over which Touch has exclusive UK rights. 126 of these Touch community portals have established for cities, councils and district territories including touchnottingham.com, touchsouthampton.com and touchoxford.com. Further local community portals will be established in the months ahead as Touch take on more managing e-Consultants. Each community portal has a business directory with full search functionality, news, chatrooms and self-publishing capability allowing users to update their business listing or submit a classified advert or event for publication. This information is provided by RNS The company news service from the London Stock Exchange END AGRSFFFUWSDSEFD
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1 Month Safety First Trust Series 2009-2 Chart |
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