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GOWI Boosts its Software Portfolio with Web based content management, publishing and recruitment solutions–

Swindon, UK – February 28th , 2005 – The GOWI Group, an international software development company, today announced that it has expanded its group portfolio with the acquisition of Abacus e-Media, a Web-based developer specialising in content management, e-publishing, and recruitment systems. Abacus e-Media was a subsidiary of Wilmington Group Plc, the information and training group.
Formed in 1983, Abacus e-Media has established an award winning reputation for electronic service development offering consultancy, design, software implementation and hosting services for web sites, intranets, portals, and other forms of digital delivery. They employ 34 staff and have over 100 clients including Thompson Financial, Daily Mail Group, Aventis Pasteur MSD, Stanley Gibbons International, Metal Bulletin Plc, The Bank of England, Office of the Deputy Prime Minister and more than 20 local councils.

GOWI Group will be moving quickly to integrate Abacus e-Media into the Groups administration function, and to encourage Abacus to work closely together with the other Group operations. The greater scale of the combined companies will broaden the Group’s depth and market reach and provide synergistic savings and also enable the Group to offer its software development, HR solutions and outsourcing services to a larger audience.

A further exciting aspect of the enlarged Group will be the expansion of its HR solutions portfolio. Abacus e-Media’s Recruit product is a web-based collaborative solution that allows HR professionals and operational managers to streamline the recruitment process and exploit the Internet to cost effectively fill vacancies. This product dovetails perfectly into the Infosupport range of HR solutions and will help to increase market penetration taking advantage of the forecasted explosive growth in e-Recruitment solutions.
Mike Smart, Group Managing Director of the GOWI Group said, “We have watched Abacus e-Media’s development with interest as we share many corporate, market and product synergies. This acquisition is very timely as the market is consolidating fast and GOWI Group is well placed to be one of the few dominant software development companies with the capacity to deliver a broad range of services to a large number of clients.” Mike continued, “This acquisition is a very positive endorsement of the quality of development and the high service levels that Abacus e-Media offers and together, we aim to continue to exceed the expectations of our clients and the market.”
Abacus e-Media’s Managing Director, Steve Feigen, commented "This acquisition provides a superb opportunity for the staff and clients of Abacus e-Media to benefit from being part of a Group with complementary technologies and a mission to expand our market reach. GOWI Groups reputation and strength combined with Abacus e-Media’s excellent client list and skilled staff will be a formidable combination.”

About GOWI Group
Since its foundation in 2000, the GOWI Group has grown into an international software development company employing more than 85 people across its three operating companies, GOWI Services, Infosupport and Abacus e-Media.
The GOWI Group companies boast a range of solutions and services including on-line and off-line applications development; multi-media presentations development; outsourcing and offshore software development; HR and recruitment solutions, content management and e-publishing.
GOWI Group’s management team includes senior European business and IT professionals and the group delivers it solutions and services to more than 500 customers across public and private sector companies.
Through its development capability in Serbia, GOWI Group provides outsourced software development offering significant cost and quality benefits across its client base. GOWI Group has offices in London, Swindon & Portsmouth, UK and Belgrade, Serbia.
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