Company Interview Excerpt STEPHEN SADLER - ENGHOUSE SYSTEMS LTD (ESL:TSE) Full article published: 7/7/2003     For Subscribers Get this article online now! Order just this article Get Financial Filings and Annual Reports for Companies featured on TWST from EasyReports.net TWST: Would you give us an overview of Enghouse Systems? Mr. Sadler: At Enghouse our overall strategy is to develop a diversified information technology company that develops, operates and sells mission critical software and related services. We want to focus on emerging opportunities and enterprise applications which use the Internet and mobile computing software technology. Under that umbrella we currently do two things ' one, GIS mapping; the other, interactive voice response ' but our mandate overall is to acquire companies in a particular software market segment and, through acquisition, make them stronger by combining their strengths and resources into one business unit. TWST: How are you coping with the current slowdown that we are seeing in the economy and in IT spending? Mr. Sadler: The current slowdown actually helps us because it makes it more difficult to raise capital in the public markets or even privately. Also venture capitalists are being more selective putting money into new opportunities. With our strategy of acquiring and integrating companies, we are currently very busy looking at what are the best alternatives in this market to add value for Enghouse. Tickers included in this excerpt: ESL:TSE Have TWST notes emailed to you free: Email address: For more information call (212) 952 7400. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.

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