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April 20, 1994

QUANTUM COMPUTING BORN IN DUBLIN FROM THREE-WAY MEDICAL COMPUTING MERGER

By CBR Staff Writer

GP Computer Solutions Ltd, a UK producer of medical software, has completed negotiations to merge with two Irish software suppliers, AVN International Ltd and CHESS Ltd, under the new name of Quantum Computing Ltd. AVN is a supplier of occupational health and safety systems and CHESS supplies the market with despatch courier operations software. All three companies have been operating in their respective markets for about five years. The new company, which in the UK will be known as Quantum Computing International Ltd, will operate out of offices in Dublin, London and Kendall in Cumbria. The firm says it will place significant focus on the healthcare market but will also focus on other vertical markets. The directors of GP Computer will continue as directors in the UK with two new additions, one from each of the boards of AVN and CHESS making a total of five. In Ireland there will also be five directors, two directors from the UK, one from AVN and a further one from an investor. A spokesman said that the firm will be taking on new staff as a result of the merger. There are currently 35 employees, with a further two being taken on in the area of training, so far. Eventually all project development work will be carried out from the main head office in Dublin, with the UK focussing on marketing, selling and administration and co-ordination of the company’s offices.

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