PARABLE TRUST ACQUIRES TAH LIMITED

PARABLE – TAH , PRESS RELEASE (28th NOVEMBER 2006)

Parable Trust Limited (“Parable”) has completed the acquisition of TAH Limited (“TAH”) and its holding company Acquisition Accounting Limited for an undisclosed sum from its institutional investors and former management team.
Parable is a “not-for-profit” company limited by guarantee that has been established to receive and distribute financial offerings to businesses; and to develop and multiply talent in the marketplace for the Kingdom of God. Parable’s objective is to provide the type and quality of service not normally accessible to our clients, by engaging them with our members who have the ability to combine the values and focus of the Christian faith and business resources contained within the Trust.

TAH is a leading provider of IT services which is focussed on the Business Intelligence marketplace, employing 50 staff who generate a turnover of £6 million. TAH creates and delivers Customer and Business Intelligence advantage to a rapidly growing community of blue-chip companies. It has established a loyal customer base over its 30 year history with key global partners and developed specific industry solutions to complement its generic application and technology delivery.

Robert Conway (Chairman) and Philip Louis (CEO) of both Parable and TAH say:-
“We are delighted to be working with a talented group of professionals in a rapidly developing market and to have secured the long- term future of this business and its staff as an independent company”

For further information and contacts;

Parable Trust   www.parabletrust.com
TAH Limited  www.tah.co.uk
TAH Switch board:  0870 013 8080

Robert Conway  robertconway@btinternet.com
Philip Louis  philipl@tah.co.uk


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