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Patsystems Grows Revenues and Staff Following Flotation in 2000

TRANSACTION SYSTEMS

LONDON--Patsystems, a developer and supplier of front-end trading systems, grew its revenues by over 300 percent in 2000, increased staffing and expanded its global operations.

Following its flotation on the London Stock Exchange a year ago (TTW, March 13, 2000), Patsystems spent the rest of the year establishing itself as a significant player in the provision of global direct trading connectivity.

Revenues for the company increased to £2.52 million for the year 2000, up from £608,000 in 1999

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