Softbank annual report envisages ambitious expansion and investment

Softbank, a leading Polish software company, said in its annual report that it will spend up to zl.85 million on product development and other investments. The company is a leader in developing and installing software for banks. "We will invest zl.50 million in Net2Net and a further zl.12 million to zl.14 million on investments and purchasing shares in Swan," said Softbank chairman Aleksander Lesz. Softbank believes it will make significant profits on the stock market, particularly in the shares of Net2Net. Softbank's main clients continue to be PKO BP, which accounts for 30% of sales, and Bank Zachodni with 9% of sales. Softbank's net profit last year was zl.23.4 million. (Parkiet, p. 3) M.T.