COGNOTEC, the Dublin-based company that provides foreign exchange software to banks, made a profit for the first time in 2004.

The woman at the centre of the UK High Court “Indecent Proposal” slander case is to be questioned by a QC via video link from Israel today.

AN Irish multimillionaire suing a rabbi over claims he offered a family friend one million dollars for his wife denied he made the Indecent Proposal-type offer.

TAKE one Irish multi-millionaire businessman, a rabbi and another man’s wife. Throw in $1m and some sexual innuendo and what you get is a ‘Jewish Indecent Proposal’.

Cognotec has been reducing its losses and increasing revenues in the past couple of years and it hopes to become profitable towards the end of 2003, according to its CEO Brian Maccaba.