Angle PLC
17 November 2005
For Immediate Release 17 November 2005
ANGLE PLC
US VENTURE, ABERRO: PRODUCT IN BETA TRIALS
ANGLE is delighted to announce that it has officially launched Aberro, a
software testing company (formerly known as ContraSoft). Aberro is 57 per cent.
owned by ANGLE and is ANGLE's first US venture founded since ANGLE's flotation
in 2004.
Aberro has developed a beta release of its product, AberroTest, which is in use
at several companies. The product solves a number of issues in the software
industry and is expected to be released commercially later this year. Aberro is
previewing the technology at STARWEST, the world's largest software testing
event, which is being held this week in Anaheim, California.
A recent IDC report projected that in 2006, companies will spend over $1 billion
on tools to help improve their software testing capabilities. Aberro's Adaptive
Automated Testing delivers easy and rapid test creation, with no programming
skills required, coupled with low-cost execution that automatically adapts to
changes in the target application. With Aberro's technology, tests are
automatically created in a matter of minutes. This allows testers to find and
repair defects sooner and more easily, while reducing development costs and
improving overall software quality.
In developing Aberro, ANGLE has assembled an experienced management team headed
by CEO Douglas Smith and Vice President of Marketing Steve Lafferty. Smith
joined the company from ANGLE, where he served as an Entrepreneur in Residence.
He has over 20 years of management experience, including CEO and COO roles at
three start-up companies and senior management positions at Digital Equipment,
Compaq and EMC. Lafferty previously served as Business Unit Director with
Manugistics and has held senior-level marketing roles at Cadre, Iona, Sterling
Software and Green Hills Software.
Additionally, Aberro's Co-Founder and CTO William Rogers, Ph.D., brings over 20
years of research and development experience to the team. Rogers was the
originator of Aberro's revolutionary software testing technique, Adaptive
Automated Testing, which enables rigorous automated testing of software far
earlier than any other solution on the market.
Rob Kornblum, Managing Director of ANGLE Ventures (US) said:
'We are delighted with our progress at Aberro in delivering product to beta
users so rapidly. We already see a tremendous amount of interest in Aberro's
products from the software community.'
For more information:
ANGLE plc 01483 295830
Andrew Newland, Group CEO
Buchanan Communications 020 7466 5000
Richard Darby, Suzanne Brocks, James Strong
Notes to Editors
Founded in 1994, ANGLE is an international venture management and consulting
company focusing on the commercialisation of technology and the development of
technology-based industry. ANGLE creates, develops and advises technology
businesses on its own behalf and for its clients. ANGLE is listed on AIM (AGL.L)
and operates from offices in the UK, the US and the Middle East.
Further information can be found on www.ANGLEplc.com
For more information on Aberro, please visit www.aberrosoftware.com or contact
Steve Lafferty at 240.715 3333 x208.
This information is provided by RNS
The company news service from the London Stock Exchange D
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