10th Mar 2016 10:54
LONDON (Alliance News) - Software company Eg Solutions PLC Thursday noted that Aspect Software Inc, with which it has a strategic partnership and re-seller agreement, has filed for bankruptcy protection.
Aspect has around a 9.5% interest in Eg Solutions, and has a representative on the company's board.
Eg Solutions said it will assess how this affects its relationship with Aspect, but said its initial assessment is that this will have "no impact" on its earnings outlook.
Eg Solutions will report its results for the year to end-January on March 23.
Shares in Eg Solutions were untraded Thursday morning. They last closed at 57.00 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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