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Increased sales of Interact, the intranet solution for Housing Associations, contributes to record growth for leading Intranet provider, Odyssey Interactive Ltd.

Odyssey Interactive Ltd, part of Hasgrove PLC, announced strong results for 2007 with sales 40% ahead of expectations and growth of over 400% in the social housing sector. Odyssey acquired 10 new customers in the sector, including Affinity Sutton, Carr-Gomm, Network Housing and the Origin Group.

Part of this sales growth is attributed to the strength of their Housing Intranet product. Interact has built a solid reputation within the social housing sector due to Odyssey’s ethos of developing simple to use intranet solutions with sophisticated functionality which enables organisations to improve productivity and service delivery as well as provide proven efficiency gains.

Nigel Danson, Managing Director, Odyssey, said “Our focus on winning new business to support our market leadership position in the housing sector has helped us deliver this robust performance. Sales of our intranet product for housing associations, Interact, forms a key part of our overall sales strategy and has delivered a significant contribution to both revenues and profits in the year to 31 December 2007”.

He added “Our company's focus on delivering world-class intranet and content managed website solutions designed specifically to meet the needs of housing associations backed up by first rate support, has been a significant factor in these results. In 2008, we will continue to make significant investments to ensure that we have the capacity, technology, and people to continue to perform at these levels”

There are a number of Intranet products in the market now, however Interact’s success stems from the fact that it provides a solution that is structured to meet the needs of social housing organisations. With Interact secure sections can be created on the intranet such as areas for documents for Audit Commission Inspections, Community Initiatives, Tenant Involvement Action Plans, Regulatory codes etc.

With growth plans, new initiatives and the market demand Odyssey anticipates another strong performance in 2008 and has the vital ingredients in place to manage future growth – solid leadership, top-class talent, financial stability, mature processes and a superior product offering.

In particular, plans are underway to exploit new marketing opportunities in the European market. Working with Interel, another Hasgrove owned company, Odyssey are launching Interact into Europe.


ENDS-----------------------------------------------------------------------------------------------------------------

Notes to Editors:

About Odyssey Interactive:

Founded in 1996, Odyssey Interactive are intranet experts and one of the UK’s longest established internet companies. Based in Altrincham, Cheshire, the company specialises in providing the UK’s leading intranet product, Interact.

With over ten years intranet expertise Odyssey has built a reputation for both product excellence and outstanding customer support. Odyssey’s customers report tangible benefits resulting in considerable cost savings and rapid return on investment. Interact is used by over 100,000 people across all sectors - clients include HMV, Chelsea Football Club, Tyco ADT, Tradeteam DHL, Amicus, CLIC Sargent, Calor Gas as well as NHS and social housing.

About Interact:

Interact is a versatile, fully secure Intranet which can be quickly and easily updated by non technical users allowing companies to have a single source portal for information such as staff details, news and procedures. The flexibility of Interact enables companies to start with a basic set of core modules, then add additional modules to suit their business processes, using a phased approach.

For more information contact info@odyssey-i.com or visit www.interact-intranet.co.uk

Contact Details:

Sue Whiting
Tel: 0161 927 3222
Email: swhiting@odyssey-i.com

Odyssey Interactive Ltd
Grafton Tower
Stamford New Road
Altrincham
WA14 1DQ

This press release was distributed by ResponseSource Press Release Wire on behalf of Interact Intranet in the following categories: Public Sector, Third Sector & Legal, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.