fin rev - says 'penny dreadful' to watch

MXL (ASX code: MXL) is a leading provider of education business solutions, with over 10 years of experience in developing student administration software.
As a quality assured company, MXL’s processes conform to the ISO 9001 standard, and its strategic partnerships with Microsoft, Hewlett Packard, Intel and Blackboard Inc provide clients with a complete ‘best-of-breed’ solution.
MXL began with the development of a web-based student management system for the English language market, but it has broadened its scope, and its flagship product eMinerva is now being distributed to schools, universities, registered training organisations and other educational organisations.
MXL distributes eMinerva in Australia, New Zealand, Asia and South America through its worldwide sales and implementation partners. Visit www.mxl.com for
further information.

From AFR 16.03.05 :

10 'penny dreadfuls' to watch
Author: Matthew McAdam
Date: 16/03/2005
Words: 1250
Source: AFR
Publication: Australian Financial Review
Section: Smart Investor
Page: 29
".....Damien Klassen, head of retail equities at independent equities research firm Aegis, says education software maker MXL,....are among his team's top picks for 2005.
Sydney-based MXL is helping private education providers, including Bond University and Education Queensland, meet the new reporting requirements introduced by the federal government at the beginning of the year with its web-based student administration package called eMinerva.
The product was certified by the New Zealand Ministry of Education last month, which has paved the way for eMinerva to be tendered to the country's 2400 schools, a deal the company estimates could be worth about $30 million in licence fees over the next three years.
Aegis Equities technology analyst Rodney Lay says the need to comply with the legislation could underpin further sales of MXL's product suite this year. ....."