18% INCREASE IN TURNOVER FOR SOFTWARE SOLUTIONS COMPANY

Software solutions company, Codify, today announce their 2005/2006 results. Turnover for the year up to 31 March 2006 was in excess of £340,000; this represents an 18% increase on the turnover that was recorded for the year ending 31 March 2005. Codify was set up in 2000 to provide companies with custom software solutions.

Mark Griffiths, Managing Director of Codify comments, "2005/2006 was an excellent year for Codify. In total we have seen an 18% increase in turnover as compared with 2004/2005. By ensuring that we have strategies and policies in place we have been able to grow the business in a managed and sustainable way."

Figures for the year to date indicate that Codify is already ahead of target for 2007. Mark adds, "Our results for April and May demonstrate that we are ahead of schedule in terms of meeting our 2007 targets. The monthly sales revenue targets for April and May have been exceeded which indicates that we are on track to surpass our 2007 corporate target of increasing turnover by 40%."

Recent contract wins and the extension of existing contracts has led to a need for Codify to employ additional personnel. Codify now employs ten personnel; three of whom have been appointed since 1 April 2006. The new appointments are all full time software development positions. Martin Livingstone joined Codify in April 2006 whilst Saili Shah and David Flett started their new positions in June and July respectively.

Mark continues, "As a dynamic software solutions company we are dedicated to providing our existing clients with a consistently high level of service whilst developing our client base in a steady manner. To achieve this we are committed to employing a high calibre of personnel in order to ensure that we can continue to provide our clients with the level of service that they expect. The three appointments that have been made since 1 April 2006 were a direct result of the continued growth in business that Codify is experiencing.

"At Codify we are at the forefront of software development and use cutting edge technology to achieve the desired results for our clients. Employing personnel of the highest calibre allows us to continue to implement the latest technologies to the benefit of our clients."