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Company: Atelis
Ticker: ATE
Market Cap: £5m
Market: AIM
Many smaller companies are using the AIM market as a means of raising capital and gaining the credibility of PLC status. With between 30 and 40 new companies listing on AIM each month, competition for fund managers’ attention is fierce, and supportive press coverage can therefore be key to achieving a successful IPO. ICIS assisted Atelis, a £5m market cap VOIP software company with its IPO in May 2006. Coverage was gained in:
Daily Express, Financial Times, Shares, The Jewish Chronicle, Daily Telegraph, Financial Times, Techinvest