Emax projects growth at twice the pace of IT sector, thanks to export sales

"Such results will be achieved only through organic growth. If we make an acquisition, then the results will be even better," said Piotr Kardach, president of Emax. The firm intends to increase the share of own software in all revenues, while clients will mostly originate from the industrial sector and administration. "These sectors will be growing at the highest pace," said Kardach. He went on to say that improvement in the figures will be visible in Q1, but refused to go into details. "Our portfolio was worth zł.185 million at the end of March. Last year the figure stood at zł.134 million," revealed the president. One of the main factors contributing to growth will be export sales. Foreign sales should reach the level of zł.25 million in 2005 and by the end of 2006 it should constitute 10% of the turnover. (Parkiet, p. 4) M.M.