Wales Bound

I'm off to Wales today and then look forward to two days in Swansea and surrounds.

It's now almost four months since Pingar first established its presence at the Swansea Technium. With a 'shopping list' of requirements for expanding headcount, it is a good time to re-visit and re-engage.

The 'shopping list' helps. It prices up the cost of funding necessary and the cash flow requirements for the rest of the year. It also emphasises the global basis of Pingar's sourcing opportunities. We can now compare relative costs in the UK, NZ, HK, Bangalore and beyond. Given the ease of international communication, it provides both flexibility and an increasingly natural 'hedge' for the company's offshore business.

The next two days are an important part of that global mix.