CyrillicSoftware Business Strengthened in Confirmed Management Agreement
The Bagnold Wing, Howbery Park, Oxfordshire
December 12th 2001
CyrillicSoftware is pleased to announce
the finalisation of an agreement between AP Benson Ltd. and
FamilyGenetix Ltd. on the transfer of the CyrillicSoftware and
ModelKinetix businesses to AP Benson Ltd.
AP Benson is a technology business
management consultancy group that includes former senior managers at
FamilyGenetix.
Originally planned as a 6 month
handover process, the transfer of the business to AP Benson
management has been completed in 4 months. Mr. Frank Bretherton, a
major shareholder in FamilyGenetix said, "AP Benson has renewed the
strength of our approach to the genetics and mathematical modeling
markets, placing the business on a firm financial footing. AP Benson
will retain and build on the FamilyGenetix, CytillicSoftware and
ModelKinetics brands."
Mr. Bretherton went on to
say:
"AP Benson has also revitalised the
FamilyGenetix product development approach. They have developed an
agressive new product development plan through strategic and
development alliances with major research and clinical centers.
FamilyGenetix is developing software to support research efforts at
the General Practice and Primary Care Group at the Institute of Health
Sciences, University of Cambridge. Further alliances will be
announced in the next quarter. They have strengthened technical
support for our customers. Significant new product releases are
expected in 4Q2002 or 1Q2003."
FamilyGenetix Ltd., formerly known as Cherwell Scientific
Publishing Ltd. is a UK based scientific and clinical software
business located in Reading, Berkshire, near to its roots
in Oxford and only a few miles out of London. FamilyGenetix develops
and distributes popular scientific and clincal software such as Cyrillic and ModelMaker.
AP Benson Ltd. is a
technology consulting and business development firm. We specialize in
assisting our clients creating commercially viable businesses based on
innovative applications of new or existing technologies. AP Benson
acts for both large and small companies and for individuals as well as
for providers of capital, including banks, private investors and
venture capitalists. AP Benson has a strong focus on the healthcare,
software and engineering sectors but operates in other sectors and can
draw on expertise across a wide range of disciplines.
Please direct enquiries to AP Benson.
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