Online advertising planning and buying group Eyeconomy is planning to
raise #250,000 with a listing on Ofex. The offer values the company, whose
clients include Liv4now, Reed Business Information, the Daily Mail and
Hitachi Europe, at #1m. The offer lasts until 13 July.
Managing director Ray Taylor said Eyeconomy would invest the money in
serving its customers, specifically by increasing staff. It is also
planning a buying operation for new platforms such as TV and mobiles.
Taylor added that Ofex was chosen because of the low cost of joining the
market, given the relatively small amount of money it is raising.