Acquisition
December 15 2003 - 1:00AM
UK Regulatory
RNS Number:2308T
Dicom Group PLC
15 December 2003
DICOM Group plc
Acquisition of Perdata S.A., a Spanish provider of EDC products and services
DICOM Group plc ("DICOM Group"), the global leader in the Electronic Document
Capture ("EDC") market, announces the acquisition of 100 per cent of the equity
of Perdata S.A. ("Perdata"), a Spanish based provider of EDC products and
services, for a total consideration of Euro0.7m (#0.5m) in cash.
Perdata, founded in 1989, has a significant market share of the Spanish EDC
market and was previously a competitor to DICOM in this region. The acquisition
will strengthen DICOM Group's leading market position in Spain.
Perdata's customers include Telefonica Moviles, Ericsson, Philipp Morris, Sony,
Spain Tir, Jaztel Telecom.
For the financial year to 31 December 2002, Perdata reported sales of Euro1.6m
(#1.1m) and an operating profit before exceptional items of Euro0.2m (#0.1m). As at
31 December 2002, the company had net assets of Euro13,000 (#9,000).
Arnold von Buren, CEO of DICOM Group, said:
"We are pleased to join forces with another major player in the Spanish EDC
market. The acquisition enables us to strengthen our professional services
offering as well as our service coverage."
For further information, please contact:
DICOM Group plc Binns & Co Public Relations Ltd
Urs Niederberger COO and Finance Director Peter Binns
Dr. Bettina Moschner Investor Relations Manager Paul McManus
Tel: +44 (0) 800 6520 616 or Tel: +44 (0) 20 7786 9600
+49 (0) 761 45269 36 Mob: +44 (0) 7980 541 893
Fax: +44 (0) 1189 820 102
+49 (0) 761 45269 936
E-mail: urs_niederberger@dicomgroup.com paul.mcmanus@binnspr.co.uk
bettina_moschner@dicomgroup.com
Internet: http://www.dicomgroup.com http://www.binnspr.com
About DICOM Group plc
DICOM Group plc ("DICOM Group") is the global leader in the Electronic Document
Capture ("EDC") market, a growth sector of the Office Automation industry. EDC
improves the performance of many business applications such as document and
content management and converts non-digital and digital documents into
structured data streams. Its implementation allows substantial increases in
office efficiency and offers high returns on investment.
DICOM Group's core competence is consulting, development and provision of EDC
products and services. Through authorised partners, DICOM Group has helped blue
chip enterprises in more than 60 countries to accomplish superior office
efficiency. DICOM Group supports its channels and customers with some 800 EDC
specialists, being directly present in 25 countries in Europe, the USA, South
East Asia and Australia.
The Ascent Capture platform captures scanned document images, text, forms, XML
data and Microsoft Office(R) documents. Web-based components and server products
enable organisations to capture information wherever it enters the organisation
- eliminating shipping costs and accelerating access to that information. Its
patented and award-winning VirtualReScanTM (VRS) product improves document image
quality and the scanning process in real time.
DICOM Group's European and Asian sales and service organisation offers a broad
range of services and complementary third party EDC products. Its network of
pre-sales, after-sales and consulting organisation addresses the increasing
demand for internationally deployed EDC solutions, project management and
professional support.
The Group's Samsung General Agency (SGA) Division focuses on multimedia
visualisation products for the IT, POI and Entertainment market in Switzerland.
It operates as sole agency of Samsung's high performance flat screen display.
This information is provided by RNS
The company news service from the London Stock Exchange
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