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Technology - News in brief.

NavisionDamgaard has released its first half-year report since its formation and revealed the merging of the two companies is moving faster than expected. Formed at the end of last year, the company introduced a cost-cutting exercise and axed 95 jobs. The full announcement is available at www.navisiondamgaard.com

– E-business solution provider for SMEs, Dragnet, has announced it would like to add 100 partners to its channel in two years. The announcement follows that of Advanced PayPoint Solutions which launched a drive aimed at attracting 25 Sage Line 100 resellers. More on Dragnet, visit www.accountancy age.com /IT/1116184

– Microsoft has issued a security warning regarding a potentially devastating fault in its Windows 2000 operating system. The glitch affects servers and desktops, and may allow an attacker to download codes. More details at www.microsoft.com

– Psion, the handheld PC maker, is to make 100 workers redundant after announcing a shake-up of the business. It will also be cutting costs by merging the company’s development and sales teams. More on this story can be found at www.vnunet.com/News/1118422.

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