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Chaddleworth News Update
September 2009

Completion of installation by CSL (Chaddleworth Software Ltd) of management system for Christie’s in New York, London, Paris, Amsterdam and Milan

Earlier this month CSL completed the installation of the Christie’s Appraisals Management System (CAMS) in New York, London, Paris, Amsterdam and Milan. CAMS is a development of CSL’s highly successful collection management program for artworks. The expansion of this software to Christie’s as well as to private individuals has created the ability for Christie’s and their clients to work closely and effectively in the management of the clients’ art collection.

Tash Perrin, Business Director, Christie’s Estates, Appraisals & Valuations, New York said, “The project progressed very smoothly from inception to delivery and we were able to start using our new system on the day it was installed. One of Christie’s main objectives is to deliver exceptional client service and CAMS is making a significant contribution to achieving this.”

Nicholas Orchard, Head of Christie’s Estates, Appraisals & Valuations, Europe, said, “Following a review of the market we selected CSL to supply CAMS having worked with them over a number of years. Their reputation for delivering what they promise on time and on budget has been reinforced by our experience with this project. CSL's flexible and pragmatic approach has ensured the delivery of a system that is easy to use and meets our business needs.”

Tim Baylis, CEO of CSL, said’ CSL’s approach of understanding the business and user as well as the IT requirements of a project and then developing prototypes for users to trial stood us in good stead in this exciting project. This approach means there are no nasty surprises at the point of delivery and clients derive immediate benefit from the new systems. User involvement in the development process leads to fuller acceptance of the delivered solution and therefore maximises the benefits for the client firm.”

For further information contact:

Tim Baylis Matthew Paton
CEO CSL Christie's Press Office
+44 (0) 1386 584550 +44 (0) 20 7389 2965
Tim@chaddleworthsoft.com mpaton@christies.com



September 2009

Stop Press Marsh sign with CSL to take MasterClient

CSL are delighted to announce the signing of a contract to supply Marsh the $11bn turnover Global Risk Manager and Insurance Broker with our MasterClient software solution for their Private Client division. A further Press Release will follow shortly.

For further information contact:

Tim Baylis Celia Petersen
CEO CSL Operations Manager
+44 (0) 1386 584550 +44 (0) 1386 584550
Tim@chaddleworthsoft.com Celia@chaddleworthsoft.com



April 2009

Chaddleworth Software Ltd. to provide Christie’s with a new generation asset valuation system

Christie’s, the World’s Leading Art Business, has chosen Chaddleworth Software Ltd (CSL) to provide their new in-house valuation system.

CSL’s Chattels management software is widely used by collectors of art and other valuable assets around the world for the control and management of their collections. CSL have a current client base that includes many international private collectors as well as institutions such as the Oxford Colleges, Inns of Court and Pearson, the international media group.

The comprehensive, multi-media functionality of Chattels makes it a widely applicable asset management system. Professional and non professional users value its flexibility to meet their exact requirements. CSL’s market leading user and technical support service ensures clients get the very best out of their Chattels system.

CSL’s Chattels will become the core of Christie’s international valuation activities. By integrating Chattels with their existing systems Christie’s will be able to provide clients with valuation and other reports to meet their precise requirements.

Jane Hay, Managing Director of Christie's UK: "Following a comprehensive review of our internal systems and requirements, we were pleased to find that CSL's Chattels management software provides a programme which meets all of our needs and supports us in delivering the very best service and support to our clients."

Tim Baylis CEO of CSL said. "This represents a further significant step forward in our relationship with Christie’s who have been recommending CSL systems to their clients for a number of years. Chattels, which will form the core of the Christie’s valuation solution, has a breadth of application in asset valuation, asset management and compliance. This growth in our business is illustrated by our involvement in a range of other industries including wealth management, financial services and insurance where client service is the key to success."

For further information contact:

Tim Baylis Matthew Paton
CEO CSL Christie's Press Office
+44 (0) 1386 584550 +44 (0) 20 7389 2965
Tim@chaddleworthsoft.com mpaton@christies.com



December 2008 - Move to new offices:

In the first week of December CSL's Technical Team moved to new offices on the Leicester Business Park. This move is part of the continuing international growth of, and investment in, the technical and client support teams.

This is further confirmation of CSL's belief that continued investment in staff whether it be training, working environment or access to technical resources is key to maintaining the high standards of product and client service for which the company is known.

All contact details for the technical team remain unchanged



September 2008 - Swiss based Family Private Office:

In September 2008 CSL were appointed to provide an international Family Office based in Switzerland with a bespoke collection management system based upon the Chattels system. The client had very specific requirements which CSL were able to meet using a combination of their proven Chattels program, their understanding of asset management and their in-house development skills. The client was recommended to CSL and Chattels by both Christie’s and other leading auction houses.



April 2008 - Further appointment:

In April Thomas Keirl was appointed to the Technical Development team in our Leicester office. Thomas brings a wealth of Web and Windows development experience to further strengthen the Development Team and help deliver the exciting new features we have planned for our Client Relationship Solutions, MasterClient™ and MasterAsset™ and Chattels product suite.



April 2008 - Downing College:

In April 2008 Downing College Cambridge ordered a Chattels system for their asset and archive management. This is the first of the Cambridge Colleges to order a system and follows on the success of Chattels at the Oxford Colleges. By a happy coincidence our retiring Chairman is a Downing alumnus. When informed of this particular sale his reaction was that Downing had always led the way!



April 2008 - Canterbury Cathedral:

In April 2008 Canterbury Cathedral placed an order for a Chattels system to manage their vast and priceless collection. Working with the Cathedral’s IT department and their Collection Managers, a program of data up load and system layout was agreed to meet their precise requirements.



March 2008 - Cheltenham Ladies College:

Following a review by Cheltenham Ladies College of their need to record and manage their valuable assets, a Chattels system was installed in March 2008. In time, its role will grow to include the vast number of less valuable assets which the College owns and require proper recording, tracking and management. Over the last 6 months we have received a number of enquiries from Public Schools where a wide range of items, many representing bequests from former pupils, have unique recording and management requirements.



February 2008 - New Chattels update:

Version 7.0.0 was released in February. Added benefits include text font formatting, inventory number management, search simplification, audit comments, cost reminders, multiple move and delete, file management refinement and many other end user ease of use enhancements.



January 2008 - Board changes:

In mid 2007 Stephen Dixon indicated that with growing commitments elsewhere and the increasing demands of being Chairman of CSL he would like to stand down at the end the year. We are delighted that he has agreed to stay on as a non-executive director and Company Secretary.

Board member David Hulston is appointed Chairman to lead CSL in the next exciting phase of its growth. Having been Chief Executive of a fast growth international technology company that was taken to an AIM listing, David has brought his highly relevant business experience to bear with CSL. This will increase with his appointment as Chairman working closely with Tim Baylis.



December 2007 - Chattels Web Module released:

This module provides an interface to the Chattels database to enable selected parts of a collection to be published on the web. It provides ‘out of the box’ web pages which can be integrated in to an existing web site or the interface can be used to quickly develop bespoke web pages.



November 2007 - Confidentiality and our Clients:

We scrupulously observe the need for confidentiality and will never reveal the name of our clients except with their express written permission. For this reason, all our employees are security checked by a specialist company. Our reputation for discretion and security is well known to the international auction houses, including Christies, valuers and insurers.



October 2007 - Bourne Fine Art, Edinburgh:

Bourne Fine Art, who merged with the Fine Art Society of New Bond Street London, have chosen Chattels as their ‘in-house’ system having previous experience of it for a major client.



September 2007 - New Major Clients:

Following a comprehensive review of the market for management systems, Chattels has been chosen by two of the world's largest private collectors. The clients are deeply satisfied by the ease of use and versatility of the program and are incoporating the management of other assets in to the program.



August 2007 - Client Relationship Solutions:
MasterClient™ and MasterAsset

Graham Hooper (ex AWD Chase de Vere, Bradford and Bingley) and Mark Campbell (ex JPMorgan and Cofunds) having identified the huge opportunity in the financial services market for our products, began working with us on refining the MasterClient™ and MasterAsset™ product concepts and introducing them to the markets. They are particularly focussed on their application in the prevailing tougher market conditions.



May 2007 - New Funding for Chaddleworth Software Limited:

We have successfully completed our second round of fund raising in order to fully exploit the opportunities we are currently working on, particularly our Client Relationship Solutions for the financial services and insurance sectors. The funding was raised by way of equity and loans and we were delighted to find that the offer for shares was significantly oversubscribed.



April 2007 - New Chattels update:

Version 6.1.5 was released in April. Added benefits include a refresh of the user interface and performance tuning in relation to searching, reporting and photograph handling.



November 2006 - Oxford University Colleges buy Chattels:

Chaddleworth now have more than half the Oxford Colleges as clients with the number increasing all the time. This results from offering a unique package of management software and valuation services in conjunction with Townley Valuation Services of Aylesbury. This has allowed the colleges to create up to date information resources which assist them with asset management, insurance, conservation, restoration and stewardship responsibilities. This has led to the creation of the Oxford Colleges User group that meets to discuss developments in the Chattels programs and share experience of managing collections.

For further information on Townley Valuation Service, please contact Mr. Robin Townley on +44 (0) 1296 436169 or e-mail: TownleyVSLtd@aol.com.



September 2006 - Chattels update:

Version 6.0.7 was released in September. Added benefits include providing an integral bespoke report writer and the ability to easily transfer data between systems using a new import and export utility.



September 2006 - Further appointment:

Kashif Razzaq was appointed to the Technical Development team in our Leicester office. Kashif has wide ranging international experience and will be involved with the continuing development of our client relationship solution and Chattels suite of products.



June 2006 - Chaddleworth move to two new offices:

Having been established for a number of years at Sudeley Castle in Gloucestershire, we soon outgrew the available space. Our new offices are located not far from Broadway in the Cotswolds at Palmers, Wormington Grange, Broadway, Worcestershire, WR12 7NJ (Tel; +44 (0) 1386 584550 Fax: +44 (0) 1386 584050). This move has allowed us to provide space for future expansion. We have also relocated our technical offices to the Leicester Business Centre in order to accommodate the increase in personnel which arises from the growth in sales of our two main areas: The Chattels suite of products and our Client Relationship Solutions, MasterAsset™ and MasterClient™.



April 2006 - SWAIN helps asset management company track down investment:

SWAIN (South West Angel and Investment Network) put Chaddleworth Ltd in contact with four potential investors. The new company, Chaddleworth Software Ltd, was incorporated in April 2006 funded by a mix of equity and loans, including a bank loan from HSBC, totalling a quarter of a million pounds.



December 2005 - Chaddleworth increase sales:

The past two years has seen significant growth in the Chattels client base. These now include international and regional auction and valuation houses, institutions including the Oxford Colleges, The Inns of Court in London, Corporate clients and International private clients from North America, Russia, UK & Europe and the Far East.
This rapid expansion and the increasing interest in our Client Relationship solutions, MasterAsset™ and MasterClient™ for the financial services and insurance sectors, required the creation of a new company: Chaddleworth Software Limited.

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