Office opening - Zurich
August 10 2001 - 3:00AM
UK Regulatory
RNS Number:3064I
Advance Visual Communications PLC
10 August 2001
10 August 2001
Advance Visual Communications plc
Opening of Zurich office - sixth in Europe
Highlights
* Advance Visual Communications plc ("Advance") announces opening of
office in Zurich as part of its continuing European expansion programme
* Zurich opening represents sixth European centre, providing Advance's
leading edge Internet Professional Services to leading businesses across
Europe
* New office will be revenue enhancing and provide entry into lucrative
Swiss/German business market
* Zurich consultancy will benefit from established Advance centres in
Geneva and Berlin
Advance Visual Communications plc, the AIM listed Internet Professional
Services (IPS) provider, today announces the opening of its Zurich office. The
opening follows the announcement earlier this year of Advance's acquisition of
Click Online, the Berlin based Internet consultancy.
The Zurich office will consolidate Advance's presence in its prime European
market and further accelerates the company's strategy to become a leading
Internet Professional Services (IPS) company. The Zurich opening is Advance's
first example of organic growth and follows the success of its existing Geneva
office.
Massoud Amiri, Chief Executive Officer of Advance, said: "Our entry into the
Swiss-German market did not require an acquisition. Market knowledge coupled
with the execution ability of our Geneva office proved a faster route to this
lucrative market where more than 60% of the Swiss economy is in the
German-speaking part of Switzerland."
About Advance:
Advance Visual Communications plc was admitted to the Alternative Investment
Market (AIM) in November 2000 and trades under the stock symbol ACV. It is
firmly on the road to creating a leading pan-European Internet Professional
Services (IPS) company through a combination of acquisition and organic growth
and currently has operations across the UK, Switzerland and France. Advance
specialises in three core areas: eProcesses, eServices and eMarketing, through
which it helps companies harness the Internet to enhance operating margins and
bring their businesses closer to their customers, suppliers and channels.
Advance also provides a complete range of Multimedia and Digital Video
solutions. Contact: www.advancevisual.com
For further information:
Massoud Amiri, Chief Executive Officer
Advance Visual Communications plc 020 7830 9741
David Rydell/Charlotte Fisher
Bell Pottinger Financial 0207 353 9203
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