An infusion of 10 million Danish Kroner allows the Danish software company Intellix A/S to continue its offensive. Efforts in research and development will be strengthened and marketing activities in the growing Nordic market will be intensified.

Not all IT companies are struck by the industry's current decline. The Danish software company Intellix A/S was recently injected with 10 million DKK by a large institutional investor. Since 1997 Intellix has developed a portfolio of standard software products for automating intellectual business processes. The new capital will be used to intensify research and development activities and power a sales offensive that will allow the company to reach a larger part of the Nordic market.

Our success depends on our ability to constantly develop more advanced and user-friendly solutions. We're experiencing a significant increase in demand for intelligent solutions that enable companies to develop and maintain so-called knowledge-based advice and decision support systems. We will be ready to meet that demand in the future. That is why we are concentrating our efforts on more research and development. Furthermore, we will be initiating a sales offensive targeting the Nordic market, Ole Rønberg CEO of Intellix says.

Intellix solutions ensure that customers, employees and partners draw on the same business processes and knowledge for sales and advisory activities. Particularly companies in the financial sector have become aware of the new possibilities. Intellix has recently implemented an intelligent insurance solution for the Swedish insurance company DIAL Försäkring, which enables online sales of insurance policies and online claims treatment.

Our software is unique because business managers without any particular IT knowledge can participate far more actively in the construction and maintenance of customer targeted IT solutions, says CEO Ole Rønberg

The new funding follows a successful year 2000, in which Intellix A/S had a turnover of 16.5 million DKK, which is a tripling over year 1999. This enables Intellix to continue its growth and expansion.