CADCENTRE CONFIDENT IT CAN BE TOP DESIGN VENDOR.Cadcentre Group Plc is confident that it will soon consign consign v. 1) to deliver goods to a merchant to sell on behalf of the party delivering the items, as distinguished from transferring to a retailer at a wholesale price for re-sale. Example: leaving one's auto at a dealer to sell and split the profit. its major rival Intergraph (Intergraph Corporation, Huntsville, AL, www.intergraph.com) A software and services company founded in 1969 as M&S Computing by Jim and Nancy Meadlock, Keith Schonrock, Bob Thurber and Terry Schansman. Corp to second place in the market for design software for the process industry. Chief executive Crispin Gray reckons the two companies are currently level pegging Pegging 1. A method of stabilizing a country's currency by fixing its exchange rate to that of another country. 2. A practice of and investor buying large amounts of an underlying commodity or security close to the expiry date of a derivative held by the investor. and, on the basis of the current rate of wins, he believes Cadcentre will now draw ahead in the market. Despite a depressed oil and gas industry and economic problems in the Far East, Cadcentre hoisted mid-term revenues by 6.6% to 8.7m pounds while net profits rose 50.9% to 836,00 pounds. The US proved a good hunting ground for new customers and accounts for 28% of revenues against 23% in the first half of last year. Cadcentre has been investing 17% of revenues in R&D and now has the latest version of its software running on Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. . While the bulk of Cadcentre's existing users run on Unix, the demand from new customers is overwhelmingly for NT. Cadcentre says the new version should satisfy this demand. On news of the results, shares in the company, which were as high as 407.5 pence pence n. Chiefly British A plural of penny. pence Noun a plural of penny USAGE: Since the decimalization of British currency and the introduction of the abbreviation p, earlier this year, rose just 7.5% gain to 273 pence. |
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