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Compudyne Winfosystems Limited
Sector:IT IT - Software - Small/Medium
Market Lot: 1Face Value: 10ISIN Demat: INE531B01014
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Business Profile
Bangalore-based Compudyne Winfosystems (COMPUDYN) was incorporated in 1994. The company is engaged in customized software development and services, system integration and networking, consultancy, multimedia, imaging, and individual and corporate training in software. COMPUDYN has four divisions; namely Winfonet, for providing Internet solutions, Wonders Online for multimedia & virtual reality, kiosk designs, CAD/CAM, web page designing, Winfodyne for software development, re-engineering and integration and Gates Academy which is concerned with training and research for e-commerce. Winfonet provides application architecture and database design/developments and e-commerce strategy to its clients.

COMPUDYN has designed the kiosk presentation for Novartis Corporation and NCR Corporation, USA. It also developed the kiosk machine software for KAL Inc. of USA. Some of the clients for which COMPUDYN has worked include Koyo Shopping Mall (Japan), Tagassago Steel (Japan) & Delicasuito (Japan). In May 2001, the company also acquired Los Angeles based VFX Studio of Visual Art Design and Animation Inc., USA, a wholly-owned subsidiary of Santa Monica Studios that produces visual effects for all major Hollywood Studios. The unit is renamed as Digital Art Media. Further, the company also acquired multimedia assets of Santa Monica Studio of Los Angeles. The company has overseas offices in California, Florida, and New Jersey in US; Softopia and Tokyo in Japan; France and Germany in Europe. In 2004, New Jersey-based Logistic Solutions acquired a 25% stake in COMPUDYN.

COMPUDYN also established a subsidiary in Rennes, France by the name CWL Global SAS.

The company posted a loss of Rs 60.43 million for the quarter ended March 2005.

Net Sales for the quarter was Rs 4.92 million.

Total income for the quarter was Rs 4.93 million.

The loss per share of the company stood at Rs 8.84 for the quarter ended March 2005.

In Brief

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