Datalex slashes losses by $7m

Travel software company Datalex cut full-year losses to $177,000 (€134,000) last year from $7.2m (€5.4m) in 2003.

While overall revenue increased by 5%, e-business revenue increased by 13% from $21.2m (€16m) to $23.9m (€18m). This increase was offset by a reduction in consulting revenue of 15% from $7.9m (€6m) to $6.7m (€5m).