Siennax to IPO early next year

NEWS Dutch-based ASP start-up Siennax has reported a 243 per cent rise in revenue and announced its intention to file for IPO in spring 2001. Siennax published revenues of over E2m (£1.2m) for 1999 but posted losses of E1m (£600,000). An IPO in early 2001 would make Siennax one of the first ASPs to trade publicly in Europe. Siennax now boasts over 40 customers.

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