Once the infrastructure is there, people will use it'. Baltimore Technologies' PKI software package provides everything necessary to facilitate e-commerce through the Internet. We are starting in the UAE but expect to grow quickly in the more advanced markets such as Saudi Arabia and Bahrain. We say that if the e-commerce platform is in place, people will use it to realise the enormous cost savings that are possible through the electronic sourcing of supplies. It is like installing a telephone system.
People are then able to make calls, and they do so'.
And we have made no secret of our policy of mergers and acquisitions to maintain growth. It can not all be done by organic growth'. I am not responsible for corporate matters, but I suppose it must slow us down a bit,' says Comerford. Presumably he is referring to the ability to issue shares to fund acquisitions. But for a company that has come this far without an IPO, the future has to be very bright indeed provided that senior management can correctly bridge the gap between current trading losses and the immense future profit potential of software licensing.