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 Thursday October 18 2001
CMG falls 23% following warning and job cuts
Shares in CMG fell more than 15% on Thursday morning after the Anglo-Dutch IT services company warned that trading conditions at its key UK information and communications technology business had worsened markedly since September, and said it would cut 470 jobs. The shares fell 23% to 218p in morning trade following the news.

Thursday September 6 2001
CMG appoints Thomas Ivarson as president of CMG Wireless Data Solutions
CMG plc is pleased to announce the appointment of Thomas Ivarson as President of CMG Wireless Data Solutions (WDS) with effect from 8 October 2001. He will be based at the WDS headquarters in Nieuwegein in The Netherlands and will report directly to the Group Board. Thomas Ivarson worked for Ericsson from 1980 to 1995 where he held a number of positions in engineering, product management & marketing and finally as General Manager, Software for End-user Features in Local Switching Systems.

Thursday August 30 2001
CMG surges after beating expectations
CMG saw its shares surge 23% after beating expectations with its first half results and indicating the worst could be over for its text-messaging and IT businesses. The group, which provides software to used for text message services, has been hit by a decline in demand for its products from mobile phone operators.

Wednesday August 29 2001
Loss CMG H1 2001
The majority of the business of CMG is in the provision of Information & Communications Technology (ICT) services - some 87% of first half 2001 revenues - and in this we achieved our stated goal of organic, double digit growth in our key territories; 14% in Benelux and 11% in United Kingdom. In France, we have focused on the delivery of profitable business, and profit margins have significantly improved, together with organic top line growth of 8% at constant exchange rates.

Thursday August 23 2001
CMG is downwardly mobile
Concerns were mounting over next week's interim figures from CMG, the Anglo-Dutch IT services company. While the numbers will be something of a non-event - the company warned in April that they would be below expectations - attention is on the outlook statement. Given CMG's exposure to the ailing telecoms industry in Europe, analysts at Deutsche Bank expect CMG to lower its profits targets for the full year and beyond.

Friday June 1 2001
CMG shares a tumble as Dresdner slashes profits forecast
Investors in CMG, the Anglo-Dutch IT services group, got a shock on Friday on hearing a leading broker had cut profit forecasts for this year by 22% after a day with the company. Analysts at Dresdner Kleinwort Wasserstein returned to their spreadsheets and slashed current year profit estimates to just pounds 69m.

Friday May 25 2001
CMG: Clay Brendish, Wilko Borner retired. Wim Dik non-executive director
"As previously advised in the Company's Annual Report for the year 2000, and at the Company's Annual General Meeting, held on 16 May 2001, with effect from 16 May 2001 Clay Brendish has retired from the company in his capacity as Executive Deputy Chairman and Wilko B”rner has retired in his capacity as a non-executive director. As previously advised, the company is pleased to confirm the appointment of Wim Dik, with effect from 16 May 2001, as a new non-executive director of the company."

Wednesday May 16 2001
CMG says current trading in line with expectations
In a statement given at today's AGM, executive chairman Cor Stutterheim said that, for the major part of the group's business in Information & Communications Technology (ICT) services, demand remains strong in all key territories and across targeted market sectors. Growth in ICT services to the telecommunications sector has been slowing since the second half of last year as expected, but this has been offset by demand for consulting skills in other industry sectors, he added.

Monday February 26 2001
CMG confident of outperforming sector growth in 2001
CMG PLC said it is confident of outperforming the IT sector and providing solid results in 2001, after reporting in-line full year earnings underpinned by strong growth in its telecoms division. The company commented: "External commentators are projecting market growth rates for ICT services in Western Europe during 2001 to be ahead of 2000 and we are experiencing a growing confidence amongst many customers.

Thursday January 25 2001
CMG becomes first foreign vendor licensed to sell SMS systems in China
CMG PLC unit CMG Wireless Data Solutions said it has become the first non-Chinese vendor licensed to sell its Short Message Service (SMS) platform in China. The network access certificate was issued by the Chinese Government's Ministry of Information Industry (MII) following several months of intensive field trials and testing by MII experts, it added.

Monday January 15 2001
CMG renames its telecom products
CMG plc, the Information and Communications Technology Group, on Monday announced, with immediate effect, the change of name of its mobile telecommunications products business, CMG Telecommunications & Utilities, to CMG Wireless Data Solutions. This move is a consequence of the very rapid growth of the business, and reflects its transition from being a developer of products for mobile telecom operators to a solutions provider for the global wireless telecommunications marketplace.

Thursday November 2 2000
CMG and TNO in telecom
CMG and TNO said on Thursday they are to form a joint venture to provide consultancy services to telecom companies. The new company will operate under the name Emfore, will advise companies on mobile communication strategy. Emfore will target financial service providers, the health care sector and transport companies.

Wednesday August 30 2000
CMG H1 net profit up 19%
CMG reported on Wednesday net profit for the first-half of 2000 increased 19% to GBP 28.4 mln, compared with net profit of GBP 23.8 mln the company booked in the comparible period of 1999. Turnover increased 20% from GBP 290.5 mln to GBP 349.4 mln. Operating income increased 41% from GBP 36.4 mln to GBP 51.5 mln.

Friday July 21 2000
CMG buys Computer Answers
CMG, the computer services company, announced on Friday that it has paid GBP 60 mln cash for Computer Answers, which became the latest in a long line of billing software companies to be snapped up. The move follows rival Sema Group's purchase of LHS Group in March and the purchase by Lucent, the US telecoms equipment company, of Kenan last year.

Tuesday June 6 2000
CMG Telecommunications partners with Mirapoint
CMG Telecommunications and Mirapoint., a leading provider of Internet messaging infrastructure products, have joined forces to enable mobile operators to offer their subscribers advanced Internet messaging capabilities. CMG and Mirapoint will work together to blend Internet and wireless technologies for the development of a powerful, scaleable solution.

Wednesday May 24 2000
Libertel to implement CMG WAP Service Broker
CMG Telecommunications has announced that Libertel will be the first non-UK subsidiary of the Vodafone AirTouch Group to benefit from the WSB umbrella agreement signed in February. The agreement covered the supply of WAP Service Broker(TM) solutions for its mobile operator member companies around the world.

Tuesday May 23 2000
CMG acquires 51% stake in SDC
CMG said on Tuesday that it has acquired a 51% stake in Germany's Software Development & Consulting (SDC). The takeover sum is approximately DEM 30 mln. CMG also has an option to buy the remaining SDC shares by 2002. SDC was set up in 1996 and booked 1999 operating profit of DEM 1.5 mln on turnover of DEM 11 mln with a staff of 85.

Thursday May 18 2000
CMG 91.3% in UK IT company
CMG announced it holds 91.3% of the share in UK IT company Admiral. CMG said it is to extend the offer perod for the public bid to allow the remaining shareholders to tender their shares.

Tuesday April 25 2000
CMG in WAP deal with Libertel
CMG said Vodafone Airtouch unit Libertel is to use the UK IT group's WAP service Broker product to launch mobile internet services in The Netherlands. No financial details were given. The deal forms part of wider agreement between CMG and Vodafone covering the supply of WAP Service Broker products to the mobile operator's member companies around the world. Vodafone Aurtouch, the world's largest mobile phone operator with 49 million subscribers in 25 countries, has a 70% stake in Libertel.

Monday April 3 2000
CMG offers GBP 1.4 for Admiral
Ccomputer services firm Computer Management Group (CMG) said on Monday it had made a recommended 1.4 billion-pound share-for-share offer for British information technology group Admiral. CMG is offering 0.390625 new CMG share for each Admiral share, which values each Admiral share at GBP 21.00 and its share capital at about GBP 1.4 bn, a joint statement said.

Thursday March 23 2000
CMG names Robbie as finance director
Anglo-Dutch IT services firm Computer Management Group said on Thursday that David Robbie would join the company at the end of June and replace Chris Banks as finance director. Robbie is currently Vice President, Corporate Finance, with Invensys

Wednesday March 22 2000
CMG acquires UK software firm
CMG PLC said it acquired Software Resource of the UK for a "maximum amount" of GBP 7 mln in cash. It said SRL provides meter reading system solutions for the deregulated utilities sector. SRL employs 18 staff, has 12 freelancers and booked sales of GBP 1.5 mln in the year to August 1999, CMG said. It said the company is expected to contribute to CMG's EPS in 2000, before amortisation of goodwill.

Thursday March 2 2000
CMG acquires France's EPL Group
CMG announced on Thursday that it has acquired all the shares in France's EPL Group for FFR 53 mln in cash, representing goodwill and all of EPL's assets. The acquisition is expected to make a positive contribution this year to CMG's earnings before goodwill amortisation. EPL is focused on Unix and Windows NT client-server architecture, CMG said, noting that in 1998 EPL had sales of FFR 30 mln and operating income of FFR 3.7 mln. EPL Group employs 90 staff.

Monday February 21 2000
CMG net profit up 49%
CMG reported on Monday net profit for 1999 increased 49% to GBP 55.7 mln, compared with net profit of GBP 37.4 mln the company booked in the comparible period of 1998. Turnover increased 37% from GBP 443.8 mln to GBP 608.6 mln. Operating income increased 47% from GBP 56.7 mln to GBP 83.2 mln. Earnings per share for 1999 increased 52% to GBP 1.52, compared with earnings per share of GBP 1.00 for 1998.

Wednesday February 9 2000
CMG buys telecom consultant
CMG announced on Wednesday the acquisition of Dutch telecommunications consultant Tell.IT for NLG 25.2 mln in cash. Tell.IT booked 1999 pre-tax profit of NLG 4 mln on turnover of NLG 15.5 mln. The company employs 75 people and will be consolidated into CMG Telecommunicatie of Utrecht.

Wednesday February 2 2000
Vodafone chooses CMG in WAP deal
CMG said on Wednesday it had signed an agreement to supply Britain's Vodafone Limited with its Wireless Application Protocol (WAP) Service Broker solution. No financial details of the agreement were immediately available. CMG said in a statement that the WAP, which gives mobile phone users direct access to Internet content, had already been installed for Vodafone Limited, part of Vodafone AirTouch.

Monday January 10 2000
CMG, Open Market to cooperate
Computer Management Group (CMG) said on Monday it would cooperate with Internet software maker Open Market to handle expected strong growth of e-commerce in Asia and Europe. Under the deal, Nasdaq-listed Open Market will develop and CMG will implement e-commerce solutions, CMG said in a statement. Dozens of consultants were already working on such projects at CMG and Open Market, the firm said, adding it aimed to become Open Market's preferred partner.

Tuesday December 7 1999
CMG promoted to UK's FTSE 100
CMG has been promoted to London's top FTSE 100 share index on Tuesday, following an investor scramble for the sector which has sent valuations soaring.The changes, announced following a meeting of FTSE International's equity indices committee, will take effect from December 20.

Wednesday November 24 1999
CMG acquires German IT firm
CMG announced on Wednesday the acquisition of German sector peer Banksys Software. The German IT services company, which employs 12 people, is based near Frankfurt and is operating in the finance sector. The company has annual turnover of DEM 3.6 mln and a profit before tax of DEM 0.2 mln. CMG said that the acquisition will contribute to its profit in 2000.

Tuesday November 9 1999
CMG acquires German Adit
CMG announced on Tuesday that it has acquired all shares in German IT-services company Adit. The company is based near Munich and is active in the industry sector. CMG will pay the take over sum of DEM 13.0 mln in cash. Adit supplies ERP (Baan) and Customer Relationship Management (CRM) services. In the first half of 1999 the company booked turnover of DEM 6.7 mln and profit before taxes of DEM 1.8 mln.

Wednesday October 20 1999
CMG acquires French Eurasoft
CMG announced on Wednesday that it has acquired all shares in French Eurasoft for FRF 33 mln in cash. Paris-based Eurasoft developes and supplies information systems to the French insurance sector. The company booked 1998 operating profit of FRF 3.5 mln on turnover of FRF 14.7 mln.

Monday October 4 1999
CMG acquires VWS subsidiary
CMG has acquired Thijssen Information Systems from building company Volker Wessels Stevin fro NLG 2.5 mln. Thijssen Information Systems booked 1998 turnover of NLG 15.6 mln, mainly in the domestic market. Operating profit was around break-even, the company said. CMG said that it would continue to look for more possibilities to expand in niche markets.

Wednesday September 1 1999
CMG H1 net profit up 54%
CMG reported on Wednesday net profit for the first-half of 1999 increased 54% to GBP 23.9 mln, compared with net profit of GBP 15.5 mln the company booked in the comparible period of 1998. Turnover increased 50% from GBP 194.2 mln to GBP 290.5 mln. Operating income increased 52% from GBP 23.3 mln to GBP 35.4 mln. Earnings per share for the first-half of 1999 increased 63% to NLG 0.67, compared with earnings per share of NLG 0.41 for the first-half of 1998.

Wednesday June 2 1999
CMG manager sells part of stake
CMG chairman Cor Stutterheim has sold 125,000 shares in CMG sold for EUR 2.05 mln, or EUR 16.40 per share, CMG said on Wednesday. Stutterheim still hols 875,000 shares in the firm.

Monday April 19 1999
CMG receives order from Shell UK
CMG announced on Monday that it has received an order from Shell UK to upgrade the administration system for pension payments of Shell UK. CMG said the order has a value of GBP 2 mln.

Wednesday March 31 1999
CMG buys systems developer
CMG announced it had acquired Belgian systems development company Softguide. Softguide has a workforce of 100 and booked net profit of some NLG 7 mln last year. CMG is paying for Softguide in cash and expects it to directly contribute to 1999 earnings.

Monday March 8 1999
CMG net profit up 52%
CMG reported on Monday net profit for 1998 increased 52% to GBP 37.4 mln, compared with net profit of GBP 24.7 mln the company booked in the comparible period of 1997. Turnover increased 43% from GBP 303.0 mln to GBP 443.8 mln. Operating income increased 52% from GBP 37.2 mln to GBP 56.7 mln. Earnings per share for 1998 increased 61% to NLG 1.00, compared with earnings per share of NLG 0.62 for 1997.

Monday February 22 1999
CMG acquires German Partner Consult
CMG announced on Monday the acquisition of Partner Consult of Germany for DEM 23.9 mln in cash. Partner Consult is an IT-consultancy and system development firm with offices in Hamburg and Hannover and is specialised in social security, SAP and Baan implementations. The company booked 1998 turnover of DEM 31.2 mln and profit before taxation of DEM 1.98 mln. CMG said it expects the acquisition to contribute to its 1999 results.

Friday January 8 1999
CMG acquires UK-based Rohirst
CMG announced on Friday the acquisition of UK-based Rohirst for GBP 1.25 mln. The takeover will be paid for in cash. Rohirst has been developing and supplying financial software packages since 1980 under the name Forfait Management System. In the 1998 book year ending September 30, the company posted turnover of NLG 1.3 mln and was profitable.

Tuesday November 10 1998
CMG in German takeover
CMG of Amstelveen has acquired German software company CMS Data Consult of Mannheim for DM 9.25 mln in cash. This is the latest in a serie of acquisitions made by the CMG this year in Belgium, France and the UK. CMS booked pre-tax profit of DM 540,000 on turnover of DM 4.2 mln in the first half of 1998.

Wednesday September 2 1998
CMG H1 net profit up 64%
CMG reported on Wednesday net profit for the first-half of 1998 increased 64% to GBP 15.6 mln, compared with net profit of GBP 9.5 mln the company booked in the comparible period of 1997. The growth was mainly due to good margins on the Dutch market. Turnover increased 38% from GBP 140.7 mln to GBP 194.2 mln.

Monday August 31 1998
CMG acquires Techside of Paris
CMG is taking over Paris-based company Techside for approx. NLG 10.5 mln. Techside booked first-half turnover of NLG 6.3 mln and employs 106 people. Techside's customers are Societe Generale, Credit Lyonnais, Bull and Schlumberger.

Thursday July 2 1998
CMG takes over French firm
CMG has acquired the French company Cometh which advises companies and installs business process software developed by Germany's SAP. CMG paid NLG 10 mln for Cometh which has 38 employees and booked pre-tak profit of NLG 1.1 mln on NLG 5.7 mln turnover in 1997. CMG says it now has 100 SAP specialists in France, making it one of the country's leading companies in this field.

Thursday June 25 1998
CMG aims for acquisitions in Europe
CMG aims to make a number of acquisitions of companies with between 500 and 700 staff to accelerate expansion in Europe. Until now, CMG has avoided major acquisitions in order to maintain the company's corporate culture.

Tuesday June 9 1998
CMG joint venture with UK gov't
CMG is going to set up a joint venture together with the UK government-run Radiocommunications agency, which manages civil radio frequencies in the UK, to market radio frequency consultancy services. CMG will hold a 70% stake in Radio Spectrum International Consulting (RSIC) and the UK department of Trade and Industry will hold the remainging 30%. RISC will also provide software support and development services to the Radio-communications agency.

Friday May 29 1998
Trading in CMG suspended for a day
The Amsterdam stock exchange suspended trading in CMG for a day due to confusion about the payment of a bonus share. The 1:1 bonus share effectively amounts to a share split but a number of investors had not taken this into account. Trading in CMG shares will resume on Tuesday.

Monday March 9 1998
CMG reports net profit up 44%
CMG reports net profit for 1997 jumped 44% to GBP 24.7 mln, compared with GBP 17.1 mln the company booked for 1996. Turnover grew 24% from GBP 245.2 mln to GBP 303.0 mln. Operating result increased by 38% at GBP 37.2 mln, compared with GBP 26.9 mln for 1996. Earnings per share rose from 27.4 pence to 38.6 pence.

Monday March 2 1998
CMG takes over Microlex
CMG reports the take over of Microlex of the UK. Microlex specialises in software systems for the life insurance and pensions markets and is expected to turn over some GBP 7 mln this year. The transaction will be paid for in cash and loan notes and will involve two payments of GBP 13 mln and GBP 5 mln respectively, depending on the company's performance in the 13 months to March 31, 1999.

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