Acquisition
June 25 2003 - 2:04PM
UK Regulatory
RNS Number:7928M
Eleco PLC
25 June 2003
25 June 2003
ELECO PLC
ACQUISITION OF WORLDWIDE RIGHTS TO ARCON(R) 3D ARCHITECTURAL DESIGN AND
VISUALISATION SOFTWARE
The Board of Eleco announces that it has agreed to acquire SoftHold GmbH of
Hameln Germany for Euro353,750.00 (#246,790.85) in cash. SoftHold owns the
worldwide rights to Arcon(R), a leading architectural 3D design and
visualisation software program. As previously announced, Eleco already owns the
English rights to Arcon(R) and the rights to o2c(R), a 3D viewer and compression
software, which is an integral component of Arcon(R) software programs.
Enquiries to:
John Ketteley - Executive Chairman Tel: 01920 443 830
Eleco plc
David Dannhauser - Finance Director Tel: 01920 443 830
Eleco plc
Tarquin Edwards Tel: 020 7929 5599
Holborn
This information is provided by RNS
The company news service from the London Stock Exchange
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