MXL mxl limited.

price does not reflect good results

  1. 330 Posts.
    latest results from Mxl MXL Signs First New Zealand Contract
    MXL has a contract with the New Zealand Institute of Chartered Accountants and its
    learning arm Advanced Business Education Limited (ABEL) for the supply of its
    student management software eMinerva.
    The project will commence immediately with the first phase focusing on ABEL and
    will be followed by the second phase that involves customization to integrate with
    the Institutes membership system in 2005. The Institute has 26,000 members in New
    Zealand for whom ABEL provides education and training. As well ABEL runs
    education services into S/E Asia and the Middle East.
    MXL was chosen from a short list of vendors that went through a rigorous selection
    process conducted by two firms of consultants hired by the Institute to find a
    replacement for their existing system. MXL regard this contract very highly owing to
    the prestigious nature of the client and the extensive selection process their software
    has gone through to gain selection. The normal fee structure will apply to the
    contract.
    The New Zealand contract is the fifth signed by MXL between 1 July and 30
    September 2004. Of the other contracts, two more, the Australian Institute of Fitness
    and International College of Hotel Management, are outside what would be
    considered the traditional education sector and highlights the versatility and market
    spread of the software.

    This stock should be given the credit it deserves..but this is just my opinion...
 
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Currently unlisted public company.

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