|Suntail June-2000 investor newsletter
This is the first in a regular series of Suntail investor newsletters. If
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Suntail's Annnual report for 1999 is now available on the website at http://www.suntail.com/news in PDF format.
27th June 2000: Ordinary shareholders meeting in suntail was held in Oslo.
-approx 40% of the shares and votes were present
-the accounts and yearly report were approved.
-the sitting board of dirctors was re-elected for another period.
Suntail's 3 senior technical members of staff recently spent a week at a
hotel in Wales. Being free from the distractions of the office allowed us to
make major steps forward in the design and planning of openFabric.
We are reaching a point where we can see all the various elements of openFabric (server,
developer, client, scripting etc) begin to work together. It is an exciting time as we begin
to see our vision realised!
Trademarking, patenting in progress
Alpha (Internal release) late August/early September
Beta release December 8th
Full release March 1st
Suntail has recently recruited senior developer Graham Shaw
to work at their Latimer Park offices in the UK.
Graham Shaw has a pHd in computer science and 10 years of commercial
development experience, including: object oriented databases, creating a
multi-threaded debugger, encryption, graphical user interfaces, artificial
intelligence and expert systems.
This brings the current staff of Suntail to 8. We are continuing to look for
additional senior software developers for hiring in the medium term.
We have recently launched an internet based recruitment campaign, managed by
UK recuitment consultancy Verity TMC.
Suntail's web-site went live at the end of March. You can find it at http://www.suntail.com/ .
The B2B market continues its growth and Suntail is also eliciting interest from a
number of ASP providers, consultancies and ecommerce sites both in the UK and
abroad. It is becoming increasingly evident that Suntail's vision of high bandwidth
open commercial networks matches the requirements of the marketplace as business
moves into the 21st century.
General information: firstname.lastname@example.org
Investor relations: email@example.com
Suntail June 2000