Historically, the most advanced, state-of - Altium
Historically, the most advanced, state-of - Altium
Historically, the most advanced, state-of - Altium
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Company expansion and growth<br />
� Increased growth and<br />
diversification <strong>of</strong> <strong>Altium</strong>'s global<br />
customer base with <strong>the</strong> Company's<br />
substantial acquisitions and <strong>the</strong><br />
active marketing <strong>of</strong> six product<br />
lines, Protel, P-CAD, TASKING,<br />
Accolade, CircuitMaker and<br />
CAMtastic!. The <strong>most</strong> significant<br />
growth came from <strong>the</strong> TASKING<br />
acquisition, which provided <strong>Altium</strong><br />
with a considerably increased<br />
presence in <strong>the</strong> European electronic<br />
design market.<br />
� Continued investment in<br />
technology and intensive<br />
development in transforming <strong>the</strong><br />
recent investments and in-house<br />
technology into new products.<br />
� Successful integration <strong>of</strong> acquired<br />
business and technologies -<br />
TASKING's products, staff and<br />
worldwide <strong>of</strong>fices has proceeded<br />
smoothly with marketing, sales,<br />
financial and corporate functions<br />
fully-merged with <strong>Altium</strong>'s existing<br />
structures and R&D groups working<br />
in close cooperation on product<br />
integration and future product<br />
development efforts.<br />
� 2001 also saw <strong>the</strong> completion <strong>of</strong><br />
<strong>the</strong> stage 1 targeted acquisition<br />
strategy outlined in our IPO<br />
prospectus. <strong>Altium</strong> now has all <strong>the</strong><br />
building blocks in place necessary<br />
to fulfil our vision <strong>of</strong> providing all<br />
<strong>the</strong> tools necessary to form a<br />
complete electronic design system<br />
that integrates all aspects <strong>of</strong> <strong>the</strong><br />
design process, is easy to use, and<br />
is accessible to all engineers.<br />
Annual Report 2001<br />
5