Hazlewoods Corporate Finance act as reporting accountants in flotation of Avia Health Informatics Plc (“Avia”)

Published: Thursday 26 November 2009

Leading firm of business advisers and chartered accountants Hazlewoods, recently acted as reporting accountants to Avia which has made the switch from Plus Markets to Aim.

Avia principal trading subsidiary, The Plain Software Company Limited, develops and delivers clinical decision support systems for primary and emergency healthcare markets in the UK and internationally. Its Odyssey software suite supports triage, assessment and advice for first line patient contacts, including out-of-hours services, GP practices, emergency medical services, walk-in- centres, prisons and insurance companies.

The Avia AIM admission document, which includes full details about the enlarged group, can be found on its website, http://www.ahi-plc.com .

Sold under the Odyssey brand, the products promise to revolutionise the way GPs sort patients into urgent and non-urgent cases. The suite of products, which range from a high end database that can be used by a local ambulance service through to a soon to be introduced mobile phone application for self assessment, are based on the work of professor Jeremy Dale and the original founders of Plain.

Chairman, Barry Giddings, commented: "Plain has significant growth potential and by investing in product development, we are confident of being able to accelerate its growth. Hazlewoods LLP provided first class support throughout the transaction process.”

David Main, partner at Hazlewoods LLP acted as Hazlewoods lead adviser providing accountancy and tax advice in connection with the flotation. David commented “the Odyssey suite of products can bring about significant cost savings in the health care sector. We have been pleased to work with the talented management and development team on this project”.

For further information contact David Main on 01452 634800 or email david.main@hazlewoods.co.uk