Bright Station Plc Subsidiary Smartlogik Sees Q4 2000 Revenue Growth in Excess of 25 Percent and No Slowdown in Spending On Technology.Business Editors/High-Tech Writers LONDON--(BUSINESS WIRE)--Jan. 8, 2001 Bright Station plc, (LSE LSE - Language Sensitive Editor :BSN BSN abbr. Bachelor of Science in Nursing , Nasdaq:BSTN) (www.brightstation.com), the technology company and leading provider of eCommerce and Internet solutions, today announced strong Q4 revenue growth for its Knowledge Management subsidiary, Smartlogik (www.smartlogik.com). "We have seen no slowdown of spending in the Knowledge Management sector," said Stephen Hill, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Smartlogik. "This leads me to support the views of our competitors and the City that spending on software used to improve corporate efficiencies is on the increase." Dan Wagner Dan Wagner was one of the first British-based Internet entrepreneurs, having founded M.A.I.D (Marketing Analysis & Information Database) in 1984, a company which provided online information services. It made over 200,000 publications available from 192 countries. , CEO of Bright Station plc, said, "The prospects for technology businesses that are focused on deriving increased corporate efficiencies for customers, such as Bright Station subsidiaries Sparza, Smartlogik and OfficeShopper will, we believe, show strong growth in 2001." Bright Station plc is a technology company and a leading provider of Internet and eCommerce solutions, which include: -- WebTop intelligent web search engine, -- Smartlogik knowledge management software, -- Sparza eCommerce hosting solutions, and -- OfficeShopper -- the business supplies vending company. This news announcement may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are subject to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " created by those sections. The forward-looking statements can be identified by terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "inevitable," "believe" or "continue" or variations thereon there·on adv. 1. On or upon this, that, or it. 2. Archaic Following that immediately; thereupon. Adv. 1. thereon - on that; "text and commentary thereon" on it, on that , and include, among others, the launch dates of the Company's products noted above. The Company's actual results could differ materially from those discussed in the forward-looking statements as a result of certain factors, including, among others, those set forth under the caption "Risk Factors" in the Company's most recent Report on Form 20-F or generally in the Company's Reports on Form 6-K. The Company disclaims any obligation to update these forward-looking statements as a result of subsequent events. |
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