Arcontech Share Discussion Threads

[philmar089] 12/7/2011 14:20

Arcontech unit wins contracts for CityVision
12 July 2011 | 07:59am
StockMarketWire.com - Arcontech Ltd = a subsidiary of software solutions provider Arcontech Group- has won a number of new contracts for its CityVision market data distribution and AXE trading system products.

The sales have been made to a diverse client base ranging from a smaller independent investment bank to a large international banking group.

The new business will generate revenues in excess of £1.4m over the next three years.

Arcontech plc CEO Andrew Miller said: "We've put an exceptional amount into product and relationship development during the financial year to June 2011 and it is gratifying to see it bring success.

"The combination of new and proven products, together with globalised support is attractive to an increasing number of firms where our advanced interfacing technology, coupled with independence, gives them choice and adaptability as they seek to improve performance whilst reducing costs and vendor dependence.

"We anticipate additional sales once the advantages of our technology become better known through these forthcoming implementations and as a result of our more vigorous sales and marketing programme."

[moormoney] 12/7/2011 13:55

very nice--one of my few rises today. Holding tight!

[kennyruss] 12/7/2011 12:44

blogger has updated

[knowing] 12/7/2011 12:35

kenny better this way.

[moreforus] 12/7/2011 12:34

kenny ... people are in shock!!

[kennyruss] 12/7/2011 12:33

volume picking up - thread still dead considering no 1 on list

[philmar089] 12/7/2011 11:59

0.16 sell 0.18 buy

[philmar089] 12/7/2011 11:56

1,531.31 M SHARES MARKET CAP OF 2.37 M
CONTACT WIN. new business will generate revenues in excess of GBP1.4m over the next three years.NICE

[kennyruss] 12/7/2011 10:12

My summary of a chat I had with Louise Barton (non Exec dir) about 6 weeks ago..

To sumamrise

The company has changed the way it has negotiated contracts. Rather than large up front payments and small yearly maintenance fees, they now operate a "rental model". So for instance if the company won a £1m contract in Dec 2010, revenue from that contract in year end results would only reflect one month rental. The results to year end 2010 reflected this "rental" model and is why they didn't look great. The BOD have put there money where there mouth is and very bullish about the year going forward.

The main growth going forward is from Citivision and Excelerator. The figures used as an example contract was £1m, (when explaining model) whether that is the case or not who knows. She was extremely bullish on Excelerator and does the job at a fraction of the cost and many of the companies they are talking to like the fact that they are independant. The company has about 18 employees. As for a takeover target, she simply said that any company with so many USP's like Arcontech would be a potential take over target.

The company has about 18 employees

[kennyruss] 12/7/2011 10:05

I still have last years presentation if anyone wants it..

[kennyruss] 12/7/2011 10:01

still well under the radar.

I assume that the software is on a rental license as per their strategy change so the 500k a year will be recurring after year 3. Its a nice business model to have, albeit some pain in the short term

[readytotrade] 12/7/2011 08:42

big premium recquired over 250k

[moreforus] 12/7/2011 08:41

1.7 mill buy at 0.17p...

[knowing] 12/7/2011 08:37

Super news.

[still waiting] 12/7/2011 08:20

pressure on L2 building.

3vs1

[moreforus] 12/7/2011 08:18

number 1 riser...on substance for once!!

[moreforus] 12/7/2011 08:16

lol marab that makes a change for us!

[marab] 12/7/2011 08:15

ARC now looks like it could be of interest to bigger players, and it's still valued at bog all. Nothing but good news in that RNS.

[still waiting] 12/7/2011 08:11

500K , a first lot for me.

I like the latest developments.

[moreforus] 12/7/2011 08:09

2nd wave...

[readytotrade] 12/7/2011 08:07

DJ Arcontech Wins CityVision Deals Worth GBP1.4M Over 3 Years

LONDON (Dow Jones)--Arcontech Group PLC (ARC.LN), a software provider, Tuesday announced a number of new contract wins for its CityVision market data distribution and AXE trading system products and said the new business will generate revenue of more than GBP1.4 million over the next three years.

MAIN FACTS:

-The clients range from a smaller independent investment bank to a large international banking group.

-Shares at 0704 GMT up 35%, but still at less than 1 pence, valuing the company at GBP2.4 million.

-By Peter Evans, Dow Jones Newswires; 44-20-7842-9308; [e-mail]

(END) Dow Jones Newswires

July 12, 2011 03:05 ET (07:05 GMT)

Copyright (c) 2011 Dow Jones & Company, Inc.

[readytotrade] 12/7/2011 08:06

Arcontech unit wins contracts for CityVision
12 July 2011 | 07:59am

StockMarketWire.com - Arcontech Ltd = a subsidiary of software solutions provider Arcontech Group- has won a number of new contracts for its CityVision market data distribution and AXE trading system products.

The sales have been made to a diverse client base ranging from a smaller independent investment bank to a large international banking group.

The new business will generate revenues in excess of £1.4m over the next three years.

Arcontech plc CEO Andrew Miller said: "We've put an exceptional amount into product and relationship development during the financial year to June 2011 and it is gratifying to see it bring success.

"The combination of new and proven products, together with globalised support is attractive to an increasing number of firms where our advanced interfacing technology, coupled with independence, gives them choice and adaptability as they seek to improve performance whilst reducing costs and vendor dependence.

"We anticipate additional sales once the advantages of our technology become better known through these forthcoming implementations and as a result of our more vigorous sales and marketing programme."



Story provided by StockMarketWire.com

[kennyruss] 12/7/2011 08:00

up 22% already

[moreforus] 12/7/2011 07:58

knowing still asleep....

[kennyruss] 12/7/2011 07:55

6 V 3 on level 2
0.11 v 0.15