Acquisition
March 14 2002 - 4:26AM
UK Regulatory
RNS Number:9598S
Eleco PLC
14 March 2002
14 March 2002
Eleco plc
"Arcon" and "O2C" Software Programmes
The Board of Eleco plc ("Eleco") has agreed in principle and subject to contract
to purchase the "Arcon" and "O2C" software programmes and certain software
programmes associated therewith at a price not exceeding Euro 850,000
(approximately £510,000) in cash from the Administrator of mb Software AG ("mb
Software"). It is intended that a number of employees of mb Software will
transfer to Eleco in due course in order to ensure full continuing support for
the "Arcon" and "O2C" software programmes.
The latest version of the "Arcon" programme, "Arcon 6.5" has been released at
CeBiT in Hannover, Germany.
"Arcon" and "O2C" are visual architecture software programmes.
Enquiries to:
John Ketteley, Executive Chairman Tel: 01920 443830
Eleco plc
David Dannhauser - Finance Director Tel: 01920 443830
Eleco plc
David Millham/Tarquin Edwards Tel: 020 7929 5599
Holborn
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