Technology >> CEO Interviews >> July 10, 2000

Mark Abrams – Myratech.net Plc (mya.l)

MARK ABRAMS, 36, is the Managing Director of Myratech.net Plc. Mr Abrams was born in Birmingham. An after-school computing group at the city's King Edward VI School led to a life-long fascination with information technology and its business applications. In 1982, at the age of 18, Mr Abrams joined an educational software company as a junior programmer. Within three years, Mark was managing the business - called Burra Burra - which had been started by his old maths teacher. In 1989, Mr Abrams was given the chance to buy the business, which had by then moved into software support. Foreseeing the demise of the educational computer market, Mark moved Burra Burra into the business arena and grew the annual turnover from GBP200,000 to GBP1.5 million, and two employees to twenty. Mr Abrams entrepreneurial flair capitalised on the popularity of PCs for business, selected market leader Sage Software as his software partner, and, via a second company, Myratech, began offering customers internet solutions in 1996. At the end of 1999, determined to expand the business further, Mr Abram embarked on the road to flotation with the full backing of his management team. Myratech.net successfully floated on the London Stock Exchange's Alternative Investment Market at the end of March 2000, with a market capitalisation of approximately GBP35 million. Profile
TWST: Let's start with some context, a little bit of history about

Myratech and its position today.

Mr. Abrams: First of all, we were incorporated as a business in 1983;

As educational