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Mal wieder was neues von Acorn....
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Dear Sir/Madam
Acorn Reorganisation
--------------------
The purpose of this letter is to make you aware of the changes we have
announced today regarding Acorn's desktop product range and its sales and
support functions.
We have today announced that although Acorn will continue to supply existing
product ranges, including Risc PC, A7000+ and NCs, we have reluctantly
decided to cancel the proposed Risc PC 2 / Phoebe product development and we
will be refunding any deposits taken for Phoebe in full.
As a result of this decision, we have postponed Acorn World, originally
planned for 16th-18th October 1998 inclusive. This event could be replanned
later on a smaller scale but no decisions have been taken. We will be
refunding any deposits taken for the show in full.
The sales and support reorganisation for Acorn's desktop product range has
also been reduced and the primary contacts will now be:-
Sales Ray Pinchard
Support Peter Henry
Both Ray and Peter will be contactable on 01223 725000.
Obviously the next few days will be busy as we implement the changes to our
organisation, so it may be a good idea to give Ray and Peter some time to
establish the new methods of communication.
I attach a copy of the press release issued today for your information.
Yours faithfully,
Stan Boland
Chief Executive Officer
---------------------
ACORN GROUP plc
RESULT OF STRATEGIC REVIEW AND IMPLEMENTATION OF FUNDAMENTAL RESTRUCTURING PROGRAMME
Cambridge, 17th
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Die Presseerklaerung ist nicht mitgekommen, also hier nochmal...
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ACORN GROUP plc
RESULT OF STRATEGIC REVIEW AND IMPLEMENTATION OF FUNDAMENTAL RESTRUCTURING PROGRAMME
Cambridge, 17th September 1998 - Acorn Group plc, the technology design and solutions company, today announced that following a strategic review of its operations, it is implementing a fundamental restructuring programme which will enable the Company to become more focused as a digital TV and thin-client components company. The programme will also allow Acorn to establish key strategic alliances focusing on profitability and growth in these markets.
In August, the Board's interim results statement reported that the Chief Executive had been empowered to move quickly, to create a focused and sustainable business for the benefit of all shareholders. The new management team also made clear its intention to take early steps to reduce the losses and cash consumption in the core businesses. This was to be achieved through a combination of disposals, increased focus on targeted revenue-earning activity and a related cost reduction programme.
As a result of completing its strategic review, Acorn is cancelling its Risc PC 2 project, and is realigning its infrastructure and support costs so that they are appropriate to the new company structure and size. Acorn will continue to supply existing desktop computer ranges, notably the Risc PC, but it will be postponing its annual show for the specialist market and is planning to transfer its logistics and systems activities to Xemplar, its 50% associate.
As part of the infrastructure realignment, Acorn will be reducing its non-engineering staff by around two-thirds, and will be reorga
Goetz Kohlberg>, 17. 9. 1998, 17:09Uhr, Bonn
Mal wieder was neues von Acorn....
------------------
Dear Sir/Madam
Acorn Reorganisation
--------------------
The purpose of this letter is to make you aware of the changes we have
announced today regarding Acorn's desktop product range and its sales and
support functions.
We have today announced that although Acorn will continue to supply existing
product ranges, including Risc PC, A7000+ and NCs, we have reluctantly
decided to cancel the proposed Risc PC 2 / Phoebe product development and we
will be refunding any deposits taken for Phoebe in full.
As a result of this decision, we have postponed Acorn World, originally
planned for 16th-18th October 1998 inclusive. This event could be replanned
later on a smaller scale but no decisions have been taken. We will be
refunding any deposits taken for the show in full.
The sales and support reorganisation for Acorn's desktop product range has
also been reduced and the primary contacts will now be:-
Sales Ray Pinchard
Support Peter Henry
Both Ray and Peter will be contactable on 01223 725000.
Obviously the next few days will be busy as we implement the changes to our
organisation, so it may be a good idea to give Ray and Peter some time to
establish the new methods of communication.
I attach a copy of the press release issued today for your information.
Yours faithfully,
Stan Boland
Chief Executive Officer
---------------------
ACORN GROUP plc
RESULT OF STRATEGIC REVIEW AND IMPLEMENTATION OF FUNDAMENTAL RESTRUCTURING PROGRAMME
Cambridge, 17th
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