Pegasus looking at the silver lining, not the cloud

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In contrast to all the doom-mongers at Softworld, Pegasus managing director Gary Turner insisted there was still life left in the market for second generation mid-market accounting software.

At the Olympia event, Pegasus was introducing version 3 of its Opera II application. Earlier in the week, parent company Systems Union had highlighted the 10% growth in Pegasus revenue to 8m as one of the grace notes in a positive financial year for the group.

Turner added some flesh to the group financial statement, saying that licence revenues had grown 60% during 2003. With around a third of its users moving up from the old Opera package to Opera II, the new version has...

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