Portrait Software

16 results about this entity

Period: 13 Sep 2004 - 02 Jul 2010

Pitney Bowes closes in on £44.4m Portrait acquisition

Pitney Bowes is on the verge of completing its £44.4 million acquisition of Aim-listed CRM vendor Portrait Software after its offer was accepted by stockholders accounting for over 89% of shares.

Portrait swings to H1 profit

Aim-listed CRM vendor Portrait Software swung to a first half profit, boosted by a doubling of license sales and strong progress in the US market.

Portrait posts £1.3 million operating loss; announces new CEO

UK CRM vendor Portrait Software is reporting a £1.3 million operating loss for the half year as disruption in the banking sector hit second quarter sales.

Portrait drops like a stone as IT spending slowdown impacts visibility

Shares in UK CRM vendor Portrait Software have slumped by over 40% as the company warns of a slippage in new license deals and acts to minimise operating costs in preparation for a more challenging market.

Portrait slumps on profit shortfall

Shares in Portrait Software plunged after the UK CRM vendor posted lower full year profit and said its business had been hit by "the turbulence in the investment banking sector".

Portrait to buy Norwegian CRM outfit Million Handshakes

UK CRM vendor Portrait Software has agreed terms to acquire Million Handshakes, a Norway-based provider of outbound campaign management and marketing software.

Portrait product helps banks spot defaulting customers

UK CRM vendor Portrait Software is releasing a new package that helps financial institutions identify customers that are most likely to default on future payments.

Jail terms for AIT directors are slashed on appeal

After payment of fines totalling £982,000, Carl Rigby and Gareth Bailey have won their appeals for a reduction in their prison terms.

Former AIT bosses jailed

Two former directors of financial software firm AIT have received jail sentences totalling five and a half years, after being found guilty in August of market abuse charges.

Former AIT bosses found guilty of market abuse

Two former senior executives of UK CRM vendor AIT have been found guilty of "recklessly" making misleading statements to investors in a landmark case brought by the Financial Services Authority.

Portrait raises £4.75 million in share placing

Portrait Software - the UK CRM vendor formerly known as AIT - has raised £4.5 million in a share placing after turning in a profit for the second successive year.

AIT changes name, appoints former Staffware men O'Connell and Martin to the board

UK CRM vendor AIT has confirmed its name change to Portrait Software and announced the appointment of former Staffware alumni John O'Connell and Robin Martin as chairman and chief operating officer respectively.