AGM Statement
17 July 2002 - 11:31PM
UK Regulatory
RNS Number:7540Y
Vocalis Group PLC
17 July 2002
Vocalis Group plc
AGM Statement
Vocalis Group plc ("Vocalis" or "the Group"), a leading
provider of voice driven business solutions to the call centre
industry, held its Annual General Meeting in Cambridge today.
At the AGM, Ken Hill, Chairman, made the following statement:
"The first few months of the current year have seen continued
progress following the strategic, operational and personnel
changes made last year, a period in which Vocalis was
transformed from a pure technology company to a market driven
business solutions provider."
"The solutions being introduced to Powergen and Chelsea
Building Society are due to be delivered next month, in line
with the agreed timetable, and will provide strong reference
sites. Revenues from these contracts will be recognised in the
current year and additional orders have been received from
both these customers as the projects have progressed."
"Today we can announce that we have signed an agreement with
Aspect Communications, a leading provider of business
communications solutions, under which Vocalis and Aspect will
pursue joint opportunities in the UK call centre market, with
particular focus on the utilities and financial services
sectors. The two companies are already working together on the
Powergen contract. We have also entered into a partnership
with QAS, an address management technology company, through
which we can integrate QAS' product into our solutions. The
agreements with these two partners, who are recognised leaders
in their respective fields in the call centre market, are
further evidence of our best of breed approach to provide
complete Vocalis solutions."
"We continue to keep tight control of operating costs, which
continue at approximately £400,000 per month and of our cash
balances, currently standing at £3.4 million."
"Vocalis is one of the UK's leading providers of voice driven
solutions to the call centre market. We entered the current
year as a strong organisation pursuing a clear and focused
strategy and look forward with increasing confidence."
For further information contact:
Vocalis Group plc 01223 846177
Ken Hill, Chairman enquiries@vocalis.com
Paul Wright, Chief Executive
Weber Shandwick Square Mile 020 7950 2800
Nick Oborne / Stephanie Smart
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