Comp is upbeat about is approaching share issue

Comp and Comp Rzeszów, two IT companies, hope to raise roughly zł.35 million each from a share issues this summer. The floatation will take place in two tranches with 80% shares earmarked for institutional investors. Both companies plan to invest the raised capital in their production departments. Comp wants to expand its offer in security and data protection as well as its innovative cryptographic solution CompCrypt. Some of the newly raised funds will also be spent on product promotion. Comp president Jacek Papaj, expects the shares to sell well as the company had good 2003 results with a zł.6 million profit on a turnover of zł.80 million. (Parkiet p. 5) M.G.