Eyeconomy to float on Ofex market.

by Richard Lord., Revolution UK 28-Jun-00

Online advertising planning and buying group Eyeconomy is planning to raise #250,000 with a listing on Ofex. The offer values the company, whose clients include Liv4now, Reed Business Information, the Daily Mail and Hitachi Europe, at #1m. The offer lasts until 13 July.

Online advertising planning and buying group Eyeconomy is planning to

raise #250,000 with a listing on Ofex. The offer values the company, whose

clients include Liv4now, Reed Business Information, the Daily Mail and

Hitachi Europe, at #1m. The offer lasts until 13 July.



Managing director Ray Taylor said Eyeconomy would invest the money in

serving its customers, specifically by increasing staff. It is also

planning a buying operation for new platforms such as TV and mobiles.



Taylor added that Ofex was chosen because of the low cost of joining the

market, given the relatively small amount of money it is raising.



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