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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Invu | LSE:NVU | London | Ordinary Share | COM SHS NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 29.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6320M INVU, Inc. 24 November 2006 24 November 2006 Invu Inc Agreement with Panasonic Netherlands The Board of Invu Inc ("Invu"), the document management software provider, is delighted to announce an agreement with Panasonic Netherlands to take on exclusive distribution of Invu products to copier and Multi Function Device resellers in Holland. Panasonic has been an Invu reseller for two years, with sales growing significantly this year. The biggest single contract in Invu's history, the agreement is for three years, with a guaranteed minimum purchase commitment from Panasonic of Euro1.3 million in the first year. These commitments increase strongly in years 2 and 3, but are subject to review and agreement in each year. Panasonic has over 10,000 live customers and is actively working on a prospect database of more then 60.000 customers in Holland. David Morgan, Chief Executive of Invu, commented: "Panasonic Netherlands has been an extremely good partner to Invu over the last 2 years, and this agreement is testament to the high quality of Invu's products and Panasonic's confidence in the demand for the products among its customer base. The Panasonic brand speaks for itself and we are delighted to be associated with it." -ends- Enquiries: Invu, Inc. 01604 859893 David Morgan, CEO Financial Dynamics 020 7831 3113 Juliet Clarke About Invu Invu (LSE, AIM, Symbol; NVUK) develops, markets and sells software (under the brand name of Invu) for the electronic management of all types of information and documents, such as forms, correspondence, literature, faxes, e-mail, technical drawings, electronic files and web pages. Invu targets the small-to-medium size enterprise ("SME") market and individual departments of larger organisations with a range of products which the Directors believe strongly adhere to Invu's brand values of ease of use, high quality and price performance. Founded in 1997 and based in Northampton, Invu has 55 employees and operates in the UK, Ireland and The Netherlands. Invu's products have been sold to nearly 2,300 customers, representing approximately 45,000 licensed users. It raised over #3.5 million following its flotation on the AIM stock market in January 2004. Invu is a member of the Business Application Software Developers Association (BASDA) and its version 5.4 software has recently been accredited by the Institute of Chartered Accountants in England & Wales (ICAEW). For more information on Invu see http://www.invu.net This information is provided by RNS The company news service from the London Stock Exchange END AGRAKNKQABDDDDB
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