Deals boost OpenJaw profit to €1.2 million

OpenJaw Technologies, a Dublin travel software firm, made a profit of €1.2million last year after signing several large contracts.

21st October, 2006

The company had an accumulated profit of almost €1.5 million at the end of last year, up from€319,000 a year earlier, according to new accounts.

The accounts do not disclose turnover at OpenJaw, which was founded in 2002 by former employees of quoted software firm Datalex.

However, Declan McGuinness, vice-president of sales and marketing at OpenJaw, said the firm expected to have turnover of €5 million this year. He said that OpenJaw had about 20...

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