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SimplyBiz makes 950k profit

SimplyBiz has reached a pre-tax profit of 950,000 for the first six months of 2005, in less than three years. The support services provider says it is saving member firms over 10m in charges.

SimplyBiz chairman Ken Davy says: To be able to announce that we have achieved a significant level of profitability during the first half of what is only our third year of operation is really very encouraging, especially knowing that SimplyBiz member firms are saving over 10m a year in charges they were previously paying to their network or service provider.

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