Asite's latest results show a significant reduction in the Group's operating loss, from a loss of £2.1m in the 6 months ended 30 June 2002 to £0.8m for the 6 months ending 30 June 2003.
"A series of product releases, including Asite Tender and Asite Negotiate, are a strong indicator of our growing expertise in product development, increasing our ability to respond to market demand. Important new customers have been acquired including leading UK contractors and property developers. I remain firmly of the belief that the technology community that we are building at Asite is taking the right steps to achieve truly integrated business relationships and that the construction industry will find ever greater opportunities to improve business performance through our suite of products and solutions..."
Sir John Egan, Chairman of Asite plc.
Please see our Financial Reports for the full announcement.