Trade With SBS Stock Started At 87.95 Leva/Share, Bianor At 10.80 Leva

Trade with the stock of Specialized Busines Systems and Bianor, which held their IPO this summer, startedo n the BSE today.

The first transaction on the position of Specialized Business Systems was at 87.95 leva/share. Currently bids and asks are at 86 leva and 90 leva, respectively.

50 lots changed hands in the first transaction on the position of Bianor, which was at 10.80 leva/share. Currently bids are at 10.30 leva, and asks at 11.20 leva.

Specialized Business Systems' core activity includes import, export, distribution and maintenance of PC components and systems, delivery, installation and maintenance of computers and office equipment, as well as the development of solutions for informational systems, etc.

SBS expects 2007 net profit to be between 326,000 leva (166,681 euros) and 418,000 leva (213,720 euros) and revenues from core activity between 14.774 mln leva (7.553 mln euros) and 16.328 mln leva (8.348 mln euros).

Bianor operates in the IT sector, the company's core activity includes development of software solutions and products, web design, online trading and strategic investing.

The company posted consolidated revenues in the amount of 1.512 mln leva (773,073 euros) in H1, which is 34% up from H1 in 2006.

Consolidated profit for the same period came to 215,000 leva (109,927 euros), or 14% more than a year ago.

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