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Stuart Gentle Publisher at Onrec

Preferred International announces its results for the year ending 31 December 2003.

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The company has continued to show strong performance and market share growth under difficult market conditions. Revenue for the year was 19 million - demonstrating growth in what has been a shrinking market that has experienced considerable consolidation.

Preferred International’s financial success is accompanied by several other business and industry successes including: new client acquisitions and account wins, numerous award triumphs and several accreditations and recognitions (refer to Editors’ Notes).

Commenting on the Company’s results Nick Daniels, Preferred International Director said: I am again pleased with the results we have achieved this year. We operate in highly competitive and ’mature’ market sector, and these good results are achieved by the efforts of our highly specialist team of consultants.

The past year has been particularly significant in our evolution. We have focused the business and developed services to meet demand in niche IT sectors that are showing potential during 2004. This puts us in a good
position to maximise opportunities in the coming year.