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GB Group boost
Oct 10 2008 by Tony McDonough, Liverpool Daily Post
CHESTER-BASED data specialists GB Group said yesterday it was likely to report a first-half profit of £300,000, against a loss of more than £900,000 last year.
GB provides electronic age and identity verification, which is vital to online retailers guarding against the underage purchase of regulated or restricted products.
It enjoyed a bumper weekend in April, during the Grand National festival, when it proces- sed over 250,000 verificat- ions – far higher than the normal daily throughput.
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