Computerland's price rises on publication of Q3 report

Following the positive financial results of IT integrator Computerland which were officially announced yesterday, the company's share price on the Warsaw Stock Exchange increased by 7%. Computerland has already managed to find a role in participating in three approaching significant projects which are to be financed by the offset fund. The three projects include the RUM medical register, communications service Tetra, and the C2 crisis management system, which are worth a total of zł. 4 billion. "We hope to start work on these projects in the second half of 2004 and this will last until 2007," said Computerland's President Tomasz Sielicki, adding that these systems alone will provide annual revenues of zł. 300 million for the company. The IT integrator will also soon begin implementing a zł. 100 million accounting and financial system for TPSA. (Puls Biznesu, p. 10; Parkiet, p. 5) A.K.