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CMO Cmo Group Plc

14.50
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cmo Group Plc LSE:CMO London Ordinary Share GB00BMB5Y385 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.50 14.00 15.00 14.50 14.50 14.50 1,428 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Catalog, Mail-order Houses 71.5M -1.84M -0.0255 -5.69 10.44M

Comino Plc - Contracts Awarded

14/10/1998 9:30am

UK Regulatory


RNS No 3057t
COMINO PLC
14th October 1998

                          COMINO PLC: CONTRACT AWARDS
                   Prologic Software Subsidiary wins #1.5m 
                  of new fashion/clothing customer contracts

Comino plc, the workflow technology and software applications group, announces
that  its  Prologic  subsidiary has been awarded seven new customer  contracts
since  the  year end 31 March 1998 worth #1.5m.  These include contracts  from
Style Holdings, Ted Baker and Easy.

Prologic  designs software for the UK fashion industry.  The majority  of  its
customers  are high profile names, such as Jigsaw, Hobbs and Paul Smith.   The
Prologic  solution,  CIMS, is a complete Oracle-based  business  system  which
operates  from  initial design through to final point of  sale.  Prologic  has
achieved  profit growth in excess of 50% per annum over the last  three  years
and targets fashion companies with turnover between #30m and #200m.

Sam Jackson, Managing Director, Prologic, commented:

"Our software is based upon world class technology.  We have an enviable track
record of delivering systems on time and within budget.  We are well placed to
build  upon our success as the leading supplier of ERP solutions to medium  to
large  fashion  companies. Recent contracts have been won against  competition
from large international providers of ERP systems.  These wins demonstrate the
success  of our strategy of focusing products and expertise on a well  defined
target marketplace."

For further information contact:

Paul Clifford, Finance Director, Comino plc         01628 525 433
Sam Jackson, Managing Director, Prologic            01442 876 277

Note:
Comino  will  announce interim results for the six months ending 30  September
1998 on Thursday 26 November 1998.

END


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