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9

       

DEAL ANNOUNCEMENT

Dow Schofield Watts LLP has advised on the raising of development capital for ATL Data Management Services Limited (“ATL”)

No.

DATE COMPLETED PRICE PAID HOW SATISFIED 

9

3 December 2003

n/d

£250,000 cash investment

       

DESCRIPTION OF THE BUSINESS AND THE DEAL 

On 4th December ATL Data Management Services Limited received £250,000 of investment from North West Equity Fund. 

ATL Data Management Services is a software company that provides a managed service for the effective monitoring and management of mobile workers, using mobile phone and proprietary smart card technology. The business is focused on selling to Local Authority social care departments who use the system to track visits to the elderly and infirm that are cared for at home.

ADVISORS

ROLE

Dow Schofield Watts LLP ATL – Financial Advisor