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IO System Ltd.

BSE: 523752 Sector: Others
NSE: N.A. ISIN Code: INE502D01011
BSE 00:00 | 21 Feb 2.31 0
(0.00%)
OPEN

2.31

HIGH

2.31

LOW

2.31

NSE 05:30 | 01 Jan IO System Ltd
OPEN 2.31
PREVIOUS CLOSE 2.31
VOLUME 10000
52-Week high 2.98
52-Week low 2.31
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 2.31
Sell Qty 11399.00
OPEN 2.31
CLOSE 2.31
VOLUME 10000
52-Week high 2.98
52-Week low 2.31
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 2.31
Sell Qty 11399.00

IO System Ltd. (IOSYSTEM) - Chairman Speech

Company chairman speech

SPICE SYSTEMS LIMITED ANNUAL REPORT 2000-2001 CHAIRMAN'S REPORT It gives me immense pleasure to share with you the emergence of Spice Systems Limited (formerly GBC Modicorp Limited) which change of name was subsequent to the determination of the Joint Venture Agreement between SpicaCorp, the Indian partners in the erstwhile Joint Venture, saw great potential in this business being a pioneer in Office Automation, Information Technology and Telecom. GBC is a pioneer and world leader in automated document finishing systems to present, enchance and protect information. In India we market the GBC Binding, Laminating and Paper Shredding systems and their related consumable and supplies. With the opening of the economy the market for these products is buoyant. Our exclusive representation in India for GBC products and the excellent relationship with GBC have opened new avenues of growth getting us representation in Nepal and Bangladesh also. In the Electronic Franking machine business we represent Neopost-France. With the withdrawal of the revenue stamps in our country this business is showing upward trend for the future. As the representatives of RISO Kagaku - Kagaku - Japan the world leader in Digital Duplictors, this business is posied for exponenetial growth in the coming years filling the gap between photocopying and offset printing. This business entity would become a force to reckon within the office automation industry representing international brands like GBC, Neopost and Riso. Our extensive sales and service network across the country has a vast reach covering the entire length and breadth of the country. The same is ably supported by our extended family i.e. the dealer channel for sales and Authorized service provider for after sales support resulting in customer delight. The technical know-how and manufacturing facility of ours at Noida has the potential and capacity to manufacture world-class products for GBC in a buy-back arrangement. The focus areas for 2003 would be adopting of pull and push strategy, enhance productively, channel development, solution selling, creating brand equity, product retionalization and customer delight. I would like to take this opportunity to extend my gratitude to all my colleagues for their whole hearted support; to our extended family of vendors, suppliers and dealers with whom we have worked very closely and forged strong bonds; to our collaborators for their invaluable support and guidance; to our shareholders for their trust in us; to our bankers for their continued support and most of all to our growing family of customers who have reposed their turst in our ability to meet their requirements in the best possible manner. Sd/- Arun Seth Chairman