MCI's firms will debut on WSE's NewConnect

"NewConnect needs a lot of things, but above all it needs companies issuing shares," said WSE's president Ludwik Sobolewski. Digital Avenue, which specializes in providing digital entertainment services, hopes to float between 20-25% of its stock worth zł.10 million. The funds are to be used for acquisitions, as company representatives hope to take over firms like Streemo.pl, Iplay.pl and Medousa. S4E, which specializes in archiving and securing data, wants to sell 30% of its shares which are currently controlled by MCI and which are worth some zł.3 million. Last year the company generated a net profit of zł.482,000 on revenues of zł.22.1 million. (Parkiet, p. 5; Dziennik, The Wall Street Journal Polska, p. 12; Puls Biznesu, p. 9) A.K.