FMJ Formjet (See LSE:TQC)

 

TIDMFMJ 
 
RNS Number : 1933M 
Formjet PLC 
23 January 2009 
 

FORMJET PLC 
('FORMJET' OR 'THE COMPANY') 
(AIM:FMJ) 
CHANGE OF ADVISER 
 
 
The Board announces that Old Park Lane Capital plc has resigned as Joint Broker 
to the Company with immediate effect. 
 
 
ENQUIRIES: 
 
 
Formjet plc 
                        Tel: 01293 848 860 
Lyndon Chapman, Executive Chairman 
Tony Lee, Chief Executive 
www.formjetplc.com 
 
 
Dowgate Capital Advisers Ltd 
           Tel: 020 7492 4777 
Liam Murray, Nominated Adviser 
www.dowgate.co.uk 
 
 
Dowgate Capital Stockbrokers Ltd 
       Tel: 01293 517 744 
Neil Badger, Broker 
www.dowgate.co.uk 
 
 
 
 
Notes to Editors: 
 
 
Formjet plc 
 
 
Formjet plc is a UK-based company with a highly distinctive business model. It 
acquires territorial rights to 'alternative' software products, and markets, 
sells, distributes and supports these products in place of the vendor in 
worldwide markets. The strategy has at its heart the proposition that the 
Company can acquire product lines in territories of at least one country without 
the expense of either product development or the creation of IPR. 
 
 
 
 
Alternative Products 
  *  Panda Software (UK) distributes Panda Software antivirus and Internet security 
  products in the UK. With its high margins and recurring annual renewal revenues, 
  Panda is an important contributor to the Group's sales and profitability. 
  *  Ability Software International (ASI) distributes a powerful suite of office 
  products which, as well as being sold under their own branding, form an integral 
  part of the white label opportunities that Formjet is creating. Ability Software 
  International has also developed the ASI Business Software range. This comprises 
  eight titles, which include fully comprehensive office and graphics suites, 
  Internet security, a business plan development application, small business 
  accounting, appointment book management and staff records management software. 
  In September the Company also added a remote access tool called BeAnywhere to 
  this range. Significant growth in 2008 and further growth targeted in 2009. 
 
  *  EdAlive edutainment software has opened up a new and growing market for Formjet 
  and now covers a wide range of core subjects including maths, word skills and 
  spelling. 
 
 
 
Alternative Routes to Market 
  *  Formjet Innovations is the specialist distribution arm of the Formjet Group 
  focusing on its alternative product range and associated alternative routes to 
  market. The focus here is on creating "white label" software, targeting retail 
  and brand leaders of importance. 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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