This week: Another win for Lombard Risk, Cashbox gets its foot in the door, and Idox wins over local authorities
Cashbox (CBOX 2.875p/£4.32m)
Cashbox, the UK’s leading independent ATM operator, has been awarded a contract with Fuller’s, the brewery, to take over the supply of 35 existing ATM machines. This foot in the door may lead to the group wining the ATMs in the remaining 360 pubs in the estate. The contract is for 18 months and the first installation will commence by the end of this month. Furthermore, The Orchid Group has appointed Cashbox to supply and maintain the existing 15 ATM's which it has inherited as part of an acquisition, along with the opportunity to survey the rest of the 45 sites that they have purchased. The new contract wins provides the group with increasing revenue visibility as its turnaround continues apace. Not one to cash in on just yet.
Datum International (DATP 7p/£2.1m)
PLUS-quoted group that authored the Enterprise Content Management solution KnowledgeWorker last week gave a trading update of strong trading in November and December. The company has closed deals in this period with a combined value in excess of £250,000 with clients including CSC, Bombardier, Thales, Scanplan, Luccini and Metropolis (Greece). David Hornsby Chief Executive commented that he was encouraged by such a strong start to the 2nd half of the year. It is great to see that both revenue generation and a tight control of the cost base means that the board fully expects to announce a profitable full year result. KnowledgeWorker is sold and supported internationally through a growing network of distributors, OEM's and reseller partners. KnowledgeWorker creates competitive advantage by enabling employees, customers and suppliers to collaborate on information and to participate in managed and audited business processes. The system comprises a fully integrated suite of modules for document management, scanning, business process management, enterprise search and "on-the-fly" publishing to web sites, intranets and portals.
dotDigital (DOTP 1p/£2.93m)
We write on PLUS quoted dotDigital Group for the first time as they announced a trading update for the six months ended 31 December 2009. The period looks to be characterized by continued strong turnover growth with an anticipated like for like increase in excess of 40 per cent. During the period, the Company committed further investment in staff recruitment, taking the headcount to 74 and…
