View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 26, 1998


By CBR Staff Writer

Pegasus Group Plc, the small but successful UK company that makes financial software for small and medium enterprises and applications for accountancy firms, has increased its revenues by 33% to 7.4 million pounds for the six month ended June 30. The company’s pre-tax profit, however, fell 13% to 632,000 pounds during the period, largely on the back of an extraordinary payment the company received last year and the company’s development efforts to convert its software applications from running on DOS to running on 32-bit Windows. The company, which has always worked with DOS, bar a brief dabbling in Unix a number of years ago, will show some of the fruits of its Windows development in October with the release of Pegasus Mpower. The Mpower 32 bit client/server financial application packet, aimed at the higher end of the SME market, will go into beta testing September 17, with a version for smaller companies slated for delivery in 1999.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.