Ims Maxims Share Discussion Threads

[malcolmmm] 02/12/2008 12:17

2 December 2008

IMS MAXIMS plc
("IMS" or the "Company")
Acquisition of assets from CSW

IMS announces that it has acquired certain assets of CSW Group Limited ("CSW") for
£175,000 in cash from the Administrators of CSW Group
Limited. The Administrators were appointed on 24 October 2008 and act only as agents to CSW.

CSW Group Limited is an Oxford-based specialist in XML-based software applications for
healthcare. It had contracts with British
Telecommunications plc ("BT"), the London Local Service Provider, and a number of NHS trusts
with a turnover to 31 January 2008 of £5.3m.
Under the terms of the acquisition, IMS will acquire certain of these contracts with aggregate
annualised revenues of approximately £800,000
and IMS will also take on a number of staff. If IMS sells the KMS Software asset acquired from
CSW within the next twelve months then it
will share any profits with CSW Group Limited (In Administration). The acquisition is expected
to be neutral in terms of the consolidated
profits for IMS in the year to 31 March 2009.

IMS is now working closely with BT to ensure a smooth transition of support takes place,
for both the eSAP and CHIA solutions which were
developed by CSW and deployed across London by BT as part of the Connecting for Health funded
National Programme for IT.

This acquisition both widens and further strengthens the IMS suite of healthcare solutions
available and means that IMS can better
support the need for tactical and strategic solutions for the UK NHS, Irish Health Services,
Private Health sector and emerging markets in
the Middle East. By combining IMS's functionally rich clinical software product, MAXIMS, with
a provider's existing Patient Administration
System and other systems, users can immediately access a rich on-line patient record. Advanced
functionality such as order communications,
scheduling, bed management, 18 week RTT pathway management, nursing documentation, clinical
noting, assessment tools, clinical outcomes
measurement and production of discharge summaries is fully supported.

Commenting upon the acquisition Brian Ennis, Chief Executive officer of IMS, said:

"Our first priority is to continue the support of CSW solutions to existing customers and
to embrace the knowledge and experience of the
CSW team. The combined product offering will allow IMS deliver an even broader range of
leading clinical software applications to healthcare
users."

For further information please contact:
Brian Ennis Chief Executive [phone]
Liam Murray /Antony Legge Dowgate Capital Advisers [phone]
www.imsmaxims.com


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

END

[kemorkid] 02/12/2008 09:08

Life in the old dog yet!!

[malcolmmm] 27/10/2008 17:06

well this dog is rising whilst everything else is falling , does anyone know why?
When their debts are paid of in a couple of years these should do OK.

[maysun] 03/10/2008 17:42

A special dog who owns the bank £6.5m.........its nice to see someone able to outsmart the crooked bankers...........LOL!!!
When will the bank send a dog baliff to put it down and out of misery?

[argy2] 15/9/2008 11:47

Fundamentals might be fine...just explaining why they jumped so sharply in a very illiquid market and the possible repercusions should some of those buyers look to move on.Though I doubt many are even in profit given the obscene spread, except those 'insiders' maybe that before the tip/ramp.

[malcolmmm] 15/9/2008 11:35

Right, thanks...........seem to be repaying loads of debt though

[argy2] 15/9/2008 10:31

Were ramped last week by a spivy website. Look out for 10-25 day traders!

[malcolmmm] 10/9/2008 16:13

They are making money, one to tuck away, debt will be repaid one day

[kemorkid] 10/9/2008 13:06

50% spread-the wan((ers.!!

[malcolmmm] 09/9/2008 19:41

these are moving,like the look of the company, another contract win?

[kemorkid] 26/6/2008 09:30

Sorry wirral-hope I dont have to use this terminology again


KK

[walker197] 29/5/2008 11:12

does this NHS departure from Fujitsui mean anything here ?

[kemorkid] 13/5/2008 11:25

Wonder how much this contract is worth?

[flc] 09/5/2008 16:51

who...the Directors or the w*nker who told me to buy this pile of rubbish?