TECHNIS INTERNATIONAL PLC - 1st Day of Trading Announcement
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[September 24, 2009]

TECHNIS INTERNATIONAL PLC - 1st Day of Trading Announcement

Sep 24, 2009 (PR Newswire Europe via COMTEX) -- 24 SEPTEMBER 2009 Technis International Plc Technis International Plc ("Technis" or "the Company") is pleased to announce that trading in the entire Ordinary share capital has commenced today on the PLUS-quoted market.



Number of Ordinary Shares in issue: 53,457,801 ordinary shares of 1p each Sector Classification: Technology Hardware and Equipment Stock Symbol: TECP Corporate Advisor: Bridge Hall Stockbrokers Limited Enquiries: Technis International plc Jack Kaye T: 0207 549 3666 E: jack.kaye@technis.co.uk Bridge Hall Stockbrokers Limited Alex Benger T: 020 7337 9705 E: corpfin@bridgehall.co.uk DOCUMENT AVAILABILITY Copies of the admission document are available, free of charge, from Bridge Hall Stockbrokers Limited, 52/54 Gracechurch Street, London, EC3V 0EH during normal weekday business hours or at corpfin@bridgehall.co.uk.

OVERVIEW Principal Activities Technis is a technology development company. Technis has been formed to acquire, develop and commercially exploit a portfolio of intellectual property ("IPR") primarily relating to a range of technologies spanning the Telecommunications, Retail and Healthcare sectors.


The majority of products in its initial portfolio of IPR are at the stage where they can be demonstrated to potential purchasers. The product range will be exploited through direct sales, licensing of technology, and indirect channels including partnerships with leading industry Original Equipment Manufacturers ("OEMs").

The Company plans to either sell or license the IPR of the various products, depending on overall size of market, distribution channels available, and further product development requirements. Future innovative products will be introduced either by in house development or acquisition and the product sales developed over the next few years. In addition to its core development activities, Technis will seek to acquire individual products or portfolios, and where appropriate companies in strategically complementary areas to further enhance the Company's product range and offering. The Directors have extensive experience both of technology development and of public company Mergers and Acquisitions. The internal development and sales company structure has been designed to adapt quickly to new market opportunities and leverage the capabilities of the products available to package new applications to a potentially changing market.

The Directors believe that the ethos of Technis revolves around the Company's core abilities to bind together various technologies -across various business sectors, to either develop new cutting edge products, services and technologies, or further enhance or develop existing technologies and services.

Business Opportunity Whilst the Company has a wide range of products within its portfolio, currently within mobile, wireless and security fields across a multitude of business sectors, the Company is focusing initially on its "Transcribe" suite of products, a range of voice recognition modules suitable for both mobile phone and fixed line applications. Once this suite has been commercialised, attention will turn to other products within the portfolio, again to commercialise these, and to do so in the order which meets market driven requirements.

The Company aims to develop new ways of bringing together existing technologies to either improve on applications or develop new technologies from existing ones to meet both business and consumer demands.

Achievements to date The Directors believe that substantial development has occurred over the last 4 years by the founders of the Company, with particular focus with in the last 12 months on voice recognition modules and the Company now has 11 products in a range of suites such as Transcribe and Tag+Track. Although the Company is currently at a pre-revenue stage, it continues to develop its technology and has a number of products already in a developmental state which can demonstrate features and functions to the initial identified audience of potential licensees. Currently focusing primarily on its "Transcribe" suite of products, due to its advanced development stage and interest from a number of demonstrations that have taken place to interested parties, the Company plans to have a fully pre-commercialised product during the later half of this year .

Business Model The Company's business model can best be described through the flow of the following events: * Short List new ideas for products/services * Identify Market Size and Opportunity * Competition or Similar product * Time frame & cost for technology development * Identify potential Licensees * Develop and produce demonstration models * Demonstrate to potential Licensees * License or sell of IPR Technology Revenue Strategy Technis plans to derive income from the licensing or sale of the IPR of the various products currently under different phases of development. The Company also has plans to identify and acquire products, portfolios or companies with complementary technology to further enhance revenue opportunities.

Products Whilst full details on the product range may be found at www.technis.co.uk, the current focus within the product range is the Transcribe suite of mobile phone server based applications: Transcribe Transcribe is a telephony based suite of modules, which allows you to complete a range of functions without using a mobile phone keypad or a keyboard, just using your voice. Transcribe requires no software to be downloaded on to a mobile phone or installed on a PC.

Features and functions include live language translation between eleven languages, using voice only together with the ability to send emails, text messages and appointment reminders again using voice only. A video overview of this technology can be seen on You Tube at http://www.youtube.com/watch?gl=GB& hl=en-GB&v=tU7zrmGg70A or from the Company website at: http://www.technis.co.uk /texttalk.htm and following the link at the bottom of the page.

Competition The Directors believe that Technis is in an unrivalled position in that it has a wide range of technology development under one roof, with some unique products, and whilst there is competition with some of the individual technologies from companies that specialise in that one particular market sector, the Directors believe that there is no overall company structured in the same way as Technis, which allows the Company to be flexible in its product development based on market demand.

Research & Development The Company continues to further develop its range of technology, improving and expanding on features and functions as technology develops and improves. The policy is one of continual research and development, identifying new opportunities for existing technology and researching with new technology and new market opportunities Current Trading and Main Prospect The Company's focus is the completion to the pre-commercialisation development stage of its "Transcribe" suite of voice activated products. Demonstrations have taken place with a number of mobile phone network operators and major industry partners, who have all expressed interest in looking at the product suite further for commercial application. The Company's priority is to continue to develop and enhance this suite of products for early commercialisation in association with a major industry player.

The Directors have considerable experience of developing early stage companies from pre-revenue stage to sales, public company listing and eventual exit strategies, and recognise the need to develop Technis as a brand. However, it is not anticipated that Technis will become a consumer brand but rather one recognised by OEMs and industry participants.

Directors and Senior Management Bernard Hulme (63) - Non-Executive Chairman With over 30 years experience in the technology sector, Bernard has worked internationally for companies ranging from start ups to multinationals. His roles have included that of Group CEO of Tadpole Technology plc, an LSE listed technology business, International Vice President of Santa Cruz Operation Inc, a US software company which he helped take onto Nasdaq and worldwide general manager of a multinational technology business which is now part of Fujitsu.

He has extensive experience in general management, international marketing, M&A activities and growing early stage businesses. Bernard is currently working at board level with companies in the Wimax wireless broadband sector.

Jack Kaye (56) - Managing Director With over 25 years experience in Telecommunications, Jack established one of the first mobile phone network resellers in 1984 - this company was eventually sold to Hutchison Whampoa and formed the basis of what is now the Orange mobile phone network in the UK. He has also had substantial involvement in fixed line telco's, including 24Talk which was purchased by OneBill Telecom in 2005. He has a history of developing a number of successful mobile and other applications, including a mobile data transfer solution which was sold to BeamIt Technologies in 2005 and a mobile software payment solution for a European Debit Card Company.

Richard Holder (35) - Finance Director Having studied Accountancy at college Richard started work for a medium sized Accountancy Practice in 1993 as an Accounts Junior.

Having gained experience in Accountancy and Auditing, he left to join a Top 20 Practice where he dealt with Companies with over GBP10 million turnover. Since that appointment Richard has worked for various practices throughout the South Coast and has also has a 2 year position as Financial Controller within Industry.

In July 2007 Richard set his my own Practice offering a wealth of Accountancy, Taxation and Book-keeping experience to his clients.

The Company's other key management adviser is: Dr Peter Cochrane OBE, BSc, MSc, PhD, DSc, CGIA, FREng, FRSA, FIEE, FIEEE (62) - Technical Consultant to the Board of Directors With over 40 years of hands on technology and operational experience, Peter has been involved in the creation and deployment of new technologies, the transformation of corporations, and the starting of many new businesses.

His extensive career in BT saw him progress to CTO with a 1000 strong team engaged in studies spanning optical fiber, fixed and mobile networks, terminals and interfaces, artificial life and healthcare, through to war gaming and business modeling.

Peter has also spent time in academia and was appointed as the UK's first Professor for the Public Understanding of Science & Technology @ Bristol in 1998. A graduate of Nottingham Trent and Essex Universities, Peter has received notable recognition with the Queen's Award for Innovation & Export in 1990, several honorary doctorates, and was awarded an OBE in 1999.

Today Peter is a recognised futurist, technologist, business guru, entrepreneur, and a sought after consultant. He is also the author of numerous blogs, articles and books on the future, technology, business, managing, and living with rapid change.

Prospective investors should consider carefully all the information in this document including the risks described below. The risks and uncertainties described below are the material risk factors facing the Company and which are currently known to the Directors. These risks and uncertainties are not the only ones facing the Company and additional risks and uncertainties not presently known or currently deemed immaterial may also have a material adverse effect on the Company's business, results of operations or financial condition.

If any or a combination of the following risks materialise, the Company's business, financial condition, operational performance and share price could be materially and adversely affected to the detriment of the Company and its shareholders.

RISK FACTORS An investment in the Company may not be suitable for all recipients of this document. Accordingly, investors are strongly advised to consult an investment adviser authorised under the Financial Services and Markets Act 2000.

General Risks An investment in the Company is only suitable for investors capable of evaluating the risks and merits of such investment and who have sufficient resources to bear any loss which may result from the investment. Prospective investors should therefore consult an independent financial adviser authorised under the Financial Services and Markets Act 2000 before investing.

A prospective investor should consider with care whether an investment in the Company is suitable for him in the light of his personal circumstances and the financial resources available to him.

Investment in the Company should not be regarded as short-term in nature. There can be no guarantee that any appreciation in the value of the Company's investments will occur or that the investment objectives of the Company will be achieved. Investors may not get back the full amount initially invested.

The prices of shares and the income derived from them can go down as well as up. Past performance is not necessarily a guide to the future.

Changes in economic conditions including, for example, interest rates, rates of inflation, industry conditions, competition, political and diplomatic events and trends, tax laws, regulation and other factors can substantially and adversely affect equity investments and the Company's prospects.

An application is being made for the Ordinary Shares of the Company to be traded on the PLUS-quoted Market. Admission to the PLUS-quoted Market should not be taken as implying that there will be a liquid market for the Ordinary Shares. It may be more difficult for an investor to realise his investment on the PLUS-quoted Market than to realise an investment in a company whose shares are quoted on the Official List of UK Listing Authority.

Potential investors should be aware that it is intended that the Ordinary Shares of the Company shall be traded only on the PLUS-quoted Market, which specialises in smaller companies, domestic and international, representing a wide range of sectors and all stages of development. However, investors should note that liquidity in smaller companies cannot be assured and that any investment in the Company may therefore prove difficult to realise. The value of the Company's shares may go down as well as up. Shareholders and investors may, therefore, realise less than their original investment. The market price of the Ordinary Shares may not reflect the underlying value of the Company's net assets or operations.

The price at which the Ordinary Shares trade may be highly volatile. In addition, international stock markets have from time to time experienced significant price and volume fluctuations that affect the market prices for securities.

These fluctuations are likely to recur so that fluctuations in the price of Ordinary Shares may be unrelated to the Company's operating performance or prospects. General economic, political and market conditions may materially adversely affect the Company's share price. Furthermore, the Company's operating results and prospects may from time to time be below the expectations of management, market analysts and investors. Any of these events could result in a material decline in the price of Ordinary Shares.

PLUS Markets Group plc may, at its discretion suspend, trading in the securities, or a particular class of securities, of an issuer for a variety of reasons. Any changes to the regulatory environment, in particular the PLUS Rules regarding companies such as Technis, could for example, affect the ability of the Company to maintain a trading facility on PLUS.

This announcement contains forward looking statements that involve risks and uncertainties. All statements, other than statements of historical facts, contained in this document, including statements regarding the Company's future financial position, business strategy and plans, business model and approach and objectives of management for future operations, are forward-looking statements. Generally, the forward-looking statements in this document use words like ``anticipate'', ``believe'', ``could'', ``estimate'', ``expect'', ``future'', ``intend'', ``may'', ``opportunity'', ``plan'', ``potential'', ``project'', ``seek'', ``will'' and similar terms. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of many factors, including the risks faced by the Company. Investors are urged to read this entire document carefully before making an investment decision. The forward-looking statements in this announcement are based on the relevant Directors' beliefs and assumptions and information only as of the date of this document, and the forward-looking events discussed in this document might not occur. Therefore, investors should not place any reliance on any forward-looking statements. Except as required by law or regulation, the Directors undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future earnings or otherwise.

Risks relating to the Company and its Business The following factors do not purport to be an exhaustive list or explanation of all the risk factors involved in investing in the Company and they are not set out in any order of priority. There may be additional risks of which the Directors are not aware.

Management and employees The future performance of the Company will depend on its ability to retain the services and personal connections or contacts of key executives and to recruit, motivate and retain suitably skilled, qualified and industry experienced personnel. Although certain key executives have entered into service agreements with the Company, the loss of the services of any such individual may have an adverse material effect on the business, operations, revenues, customer relationships and/or prospects of the Group.

General economic climate The general economic climate is volatile and is affected by numerous factors which are beyond the Group's control and which may affect its operations, business and profitability. These factors include the supply and demand of capital, growth in gross domestic product, employment trends and industrial disruption, international economic trends, currency exchange rate fluctuations, the level of interest rates and the rate of inflation, global or regional political events and international events, as well as a range of other market forces, all of which have an impact on demand, business costs and stock market prices.

Uncertainty of future revenues The Company only has a short trading history in the marketplace upon which an evaluation of the Company and its prospects can be based. The Company's business must also be considered in light of the risks, expenses and problems occurred by companies at an early stage of development.

There can be no assurance that the Company's expanded operations will be profitable or produce a reasonable return, if any, on investment. New or unknown technology may also appear that reduces or eliminates the need for the Company's products. Further, the company's business plan may be slower than anticipated to enact due to its inability to locate and/or negotiate the acquisition of additional and/or complimentary technologies.

The Company's objectives may not be fulfilled The ability of the Board to implement the Company's strategy could be adversely affected by changes in the economy and/or industry in which it operates. Although the Company has a clearly defined strategy and the Board is optimistic about its prospects, there can be no guarantee that its objectives or any of them will be achieved on a timely basis or at all. The Company's ability to attract new business is also dependent on the maintenance of its reputation.

Licences/Contracts As the Company does not intend to manufacture its products it avoids certain risks and financial exposure but the Company may be exposed to defaults in manufacturing quality and/or delays in delivery and/or price changes.

The licences and contracts to be entered into by the Company are likely to be of high value. As such sales may have significant bearing thus loss or failure of performance under an individual contract or license could have a dramatic impact on the Company's profitability. The Company is currently in negotiations with end users and manufacturers. These discussions may not materialise and there is a risk that the discussions do not result in contracts or licences.

Slow Industry and User Acceptance The targeted industries may take longer than expected to adopt the Company's technologies and change their practices with existing contracts extending the time before substantial acceptance of the Company's products occurs.

New or unknown technology may also appear that reduces or eliminates the need for the Company's products. Further, the company's business plan may be slower than anticipated to enact due to its inability to locate and/or negotiate the acquisition of additional and/or complimentary technologies.

Intellectual Property The Company's success depends on obtaining, maintaining, and enforcing its intellectual property rights, and its ability to avoid infringing the intellectual property rights of others.

Competition Larger companies, in particular, may have access to greater financial resources and technical facilities than the Company, which may give them a competitive advantage. In addition, the Company cannot predict the pricing or promotional activities of its competitors or their effect on its ability to market and sell its services. In order to ensure that its services remain competitive, the Company may be required to reduce its prices as a result of price reductions by its competitors. This could adversely affect the Company's results. Potential competitors may establish co-operative relationships between themselves or with third parties to enhance their services. Accordingly, it is possible that new competitors or alliances among competitors may emerge and rapidly acquire significant market share. There is no assurance that the Company will be able to compete successfully in such a marketplace.

Future payment of dividends There can be no assurance as to the level of future dividends. The declaration, payment and amount of any future dividends of the Company are subject to the discretion of the directors and shareholders of the Company and will depend upon, inter alia, the Company's earnings, financial position, cash requirements and availability of profits as well as the provisions of relevant laws and/or generally accepted accounting principles from time to time. The Company has no plans to pay a dividend in the immediate future.

Internal Controls Future growth and prospects for the Group will depend on its ability to manage the current business and to continue to expand and improve operational, financial and management information and quality control systems on a timely basis, whilst at the same time maintaining effective cost controls.

Any failure to expand and improve operational, financial and management information and quality control systems in line with the Company's growth could have a material adverse effect on the Company's business, financial condition and results of operations.

Litigation While the Company currently has no material outstanding litigation, there can be no guarantee that the current or future actions of the Company will not result in litigation. Defence and settlement costs can be substantial, even with respect to claims that have no merit. Due to the inherent uncertainty of the litigation process, there can be no assurance that the resolution of any particular legal proceeding will not have a material adverse effect on the Company's financial position or results of operations.

Taxation It should be noted that the factors listed above are not intended to be exhaustive and do not necessarily comprise all of the risks to which the Company is or may be exposed or all those associated with an investment in the Company. In particular, the Company's performance is likely to be affected by changes in market and/or economic conditions, political, judicial and administrative factors and changes in legal, accounting, regulatory and tax requirements in the areas in which it operates and holds its major assets.

There may be additional risks that the Directors do not currently consider to be material or of which they are currently unaware which may also have an adverse effect upon the Company.

Valuation of Shares The Company valuation inherent upon Admission has been based on the Director's projections of earnings of the Company and future prospects of the business. The Company believes that, with the experience of the management team and the positioning of the Company's services, they have derived a fair valuation for the business. There can be no guarantee that the Ordinary Shares will be able to achieve higher valuations or, if they do so can be maintained. The Offer Price per Ordinary Share has been determined by the Company, and may not relate to the Company's net asset value, net worth or any established criteria or value. The Corporate Adviser has not been involved in establishing this valuation for the purposes of the Offer and thereby expresses no opinion.

Raising working capital to fund development and consequences of doing so It is possible that the Company will need to raise further funds in the future. There is no guarantee that the then prevailing market conditions will allow for such a fundraising or that new investors will be prepared to subscribe for Ordinary Shares at the same price as the Admission Price, or higher. Shareholders may be materially diluted by any further issue of Ordinary Shares by the Company.

If any of the risks referred to in above crystallise, the Company's business, financial condition, results or future operations could be materially adversely affected. In such case, the value or price of its shares could decline and investors may lose all or part of their investment. The investment detailed in this document may not be suitable for all of its recipients and involves a high degree of risk. Before making an investment decision, prospective investors are advised to consult a professional adviser authorised under the Financial Services and Markets Act 2000 who specialises in advising on investments of the kind described in this document. Prospective investors should consider carefully whether an investment in the Company is suitable for them in the light of their personal circumstances and the financial resources available to them.

Admission to Trading and Dealing Arrangements Admission will become effective on the PLUS-quoted Market and dealings in the Ordinary Shares will commence on the 24 September 2009. No application is being made for the Ordinary Shares to be admitted to listing or to be dealt in on any other exchange.

Recent Offer for Subscription & Use of Proceeds The Company closed an Offer for Subscription which aimed to raise gross proceeds of up to GBP500,000 by offering up to 6,666,667 New Ordinary Shares at 7.5p per share. The Offer was not underwritten.

Offer Statistics Offer Price 7.5p Number of New Ordinary Shares issued in the Offer 6,306,733 Ordinary Shares in issue following the Offer 53,547,801 Market capitalisation at the Offer Price GBP 4,009,335 Percentage of Ordinary Shares in the Offer 11.80 percent Gross proceeds of the Offer GBP 473,005 Net proceeds of the Offer GBP 236,502 All New Ordinary Shares issued under the Offer will be at the Offer Price as fully paid and rank pari passu in all respects with the Existing Ordinary Shares, including the right to receive all dividends and distributions. They are free from all liens, charges and encumbrances.

Use of Proceeds The Directors intend to use the net proceeds of the Offer to provide support and working capital to fund: * Further develop existing applications where funding is required to make improvements or complete development work to a level where commercial application trials could be commenced; * Develop new applications - allocate funds to commence initial development on selected new application opportunities; * Provide working capital for the day to day operational overheads of the business including the expenses of the PLUS Admission.

Directors' Lock-In Arrangements Immediately following Admission, the Directors will be interested, in aggregate, in 17,627,000 Ordinary Shares representing approximately 33.3 percent of the enlarged issued share capital of the Company. Under the terms of a Lock-in Agreement, each Director has undertaken that, subject to certain exceptions, without the consent of Bridge Hall Stockbrokers Limited and PLUS Markets plc, he will not sell or otherwise dispose of, or agree to dispose of, any of his interests in the Ordinary Shares held immediately following admission at any time prior to one year from admission to the PLUS Market.

Share Options, Incentives and Further Issues of Shares The Company intends to adopt a management incentive share option scheme and to grant Options under the scheme to recruit/retain/reward directors and key staff. It is proposed to grant Options up to 10% of the ordinary issued share capital. Any such scheme will be put before Shareholders in general meeting prior to adoption.

Significant change Save for the monies raised from issues of Ordinary Shares in August 2009 and as disclosed above, there has been no significant change in the financial or trading position of the group since 31 December 2008, being the date to which the latest audited report and accounts of the Group were made up.

DIRECTORS & OTHER SUBSTANTIAL SHAREHOLDERS The interests of the Directors and their immediate families and, as far as they are aware having made due and careful enquiries of persons connected with them (within the meaning of section 252 to 254 of the Companies Act 2006 of the UK) in the share capital of the Company as at Admission, all of which are beneficial unless otherwise stated, are set out below: Name On Admission Number of Ordinary Percentage of total Shares number of issued Ordinary Shares Bernard Hulme 740,000 1.38 % Jack Kaye 13,540,000 25.33 % Richard Holder 1,122,000 2.10 % Jack Kaye's shareholding comprises 13,540,000 Ordinary Shares held directly together with an additional interest in 2,250,000 Ordinary Shares represented by his 25% ownership of Montroyal Investments Limited which holds 8,900,000 Ordinary Shares.

The directors hold or have held the following directorships and/or partnerships within the five years prior to the publication of this document: Bernard Hulme Current Directorships or Past Directorships or Partnerships Partnerships (5 years) Derwent Films LLP None Indian Land Limited Marble Arch Capital Limited Mole Films LLP Technis International Plc Jack Kaye Current Directorships or Past Directorships or Partnerships Partnerships (5 years) Accuro Investments Limited 24Talk limited Forum House Investments Call Fast Limited Limited Jabbertalk Limited Montroyal Investments Limited Papertech Systems Limited Technis International Plc Portal Systems Limited Technis Labs Limited Redmark Investments Limited Zygo Energy Limited Retaglio Limited Technis Europe Limited Telecall Communications Limited Tranix Limited Triniti Media Limited Xygos Limited Zybor Plc Richard Holder Current Directorships or Past Directorships or Partnerships Partnerships (5 years) Apex Capital Investments Hot Concept Limited Forum House Investments Limited Technis International plc Technis Labs Limited In addition to the holdings of certain of the Directors, details of which are set out above, the Directors are aware of the following holdings of Ordinary Shares at Admission represented 3 per cent or more of the ordinary share capital: Name On Admission Number of Percentage of total Ordinary Shares number of issued Ordinary Shares Helen Chadwick 7,833,333 14.65 % Montroyal Investments Ltd 8,900,000 16.65 % Stronghold Capital Limited 3,639,434 7.0 % The controllers of Montroyal Investments Limited are Helen Chadwick (75%) and Jack Kaye (25%) and the controllers of Stronghold Capital Limited are Susan Newman (50%), Richard Mayhew (25%) and Tracy Biggs (25%).

The Directors of the Company accept responsibility for this announcement.

Enquiries: Technis International plc Jack Kaye T: 0207 549 3666 E: jack.kaye@technis.co.uk Bridge Hall Stockbrokers Limited Alex Benger T: 020 7337 9705 E: corpfin@bridgehall.co.uk Square1 Consulting Limited David Bick/Mark Longson T: 020 7929 5599 END

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