IT News in Brief - 23 July
Geac figures show growth
Geac, the company which bought Dun & Bradstreet Software in 1997, announced a 70% increase in revenue to $646.4m (#395m) for the year ended 30 April. Profit was $168.7m, compared to a loss of $71.1m in 1997, when the company had an exceptional charge of $121.4m. Its SmartStream division, which develops and markets accountancy software, boasted more than 50% growth.
Free trial of HyperABC Knutsford-based Armstrong Laing is offering free 30-day trials of HyperABC, its activity-based costing package. The program can operate as a standalone, or feed information into a central database. The trial package comes on a CD-ROM.
New Foundation system Chemical company S Black of Hertford has installed a #90,000 order for a Systems Union SunAccounts system from Norwich-based Foundation Systems. The system will be linked via ISDN to a similar accounts set-up at the company’s subsidiary in Duisberg, Germany. Moving to SunSystems will allow the company to cope with both the year 2000 and the euro, said finance director John Lowten.