http://www.demon.co.uk/dil/announce/durlacher.html (The Risc Disc Volume 2, 10/1995)6th September 1995
Demon Internet is pleased to announce the appointment of Durlacher Ltd, the City multimedia specialists, as stockbrokers and corporate finance advisers to the company.
This association will enable Demon to maintain and develop its position as the pioneer and leading provider of low-cost Internet access in the UK, as well as assisting the company to complete expansion plans in Europe.
Demon has already announced its commitment to investing GBP 2 million in the UK infrastructure in the latter half of '95 alone. This coincides with the opening of an office in Amsterdam, and plans for a launch into the French market scheduled for early '96.
Demon Internet was established in June 1992, with a projection of recruiting 1,000 customers in its first two years of business. In fact, the company has grown exponentially, and now has approximately 40,000 registered customers, and continues to grow rapidly.
Demon is commited to bringing these customers the very best service possible, coupled with affordable costs. It pioneered the "Tenner A Month" scheme for Internet connectivity, and has just launched a massive expansion of Points of Presence, which gives the Demon Internet service wider coverage than any other provider. Demon aims ultimately to bring the whole of the UK local-call access.
The company has many more developments planned which will secure its future as the largest, fastest-growing Internet provider in the UK.
Cliff Stanford, Demon Internet's Managing Director, comments: "We are pleased to be working with Durlacher, and are looking forward to progressing expansion of the company in the UK and Europe with increased momentum. Our aim is to take Demon Internet pan-European, building on the success of the company in the UK".
"We have grown quickly and have learnt a huge amount in the past three years - about providing an efficient, cost-effective service. We feel that the time is right to expand, and our position as the UK's leading low-cost service provider puts us in an unrivalled position".
Demon Internet is pioneer of low-cost Internet connectivity in the UK. Demon Internet dial-up service costs 12.50 GBP (+VAT) one-off start up fee, and 10.00 GBP (+VAT) per month. There are no additional on-line costs, and technical support is provided free.
FOR FURTHER INFORMATION please contact: FIONA HAGGETT on the Demon Hot Line, Tel: 0181 371 3711 or pr@demon.net.
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