www.treacle.co.za
SourceCode: A world class workflow and systems integration solution provider - February 2002

The South African IT industry has not to date distinguished itself on the world stage as a source of unique new software development. We recently came across a young company called SourceCode, which we have every reason to believe is about to break this mould, and we are delighted to announce that Treacle has now acquired a 25% stake in the company.

SourceCode was formed by Adriaan van Wyk, Lenz le Roux and Olaf Wagner in 1997 as a software development house. Their primary product K2.net, is a rapid process integration toolset with built-in process logic on the Microsoft platform. K2.net assists companies with complex application integration and workflow management issues to

  • rapidly document and re-engineer a process;  

  • having integrated K2.net with the applications in the process, obtain detailed management information on all activities in the process, allowing for continuous process improvement; and 

  • drive significant cost reductions.

The K2.net product was taken to market in 2001 and has achieved rapid acceptance. A good reference site base has been established to date. The company is now actively developing its sales and delivery channel via the appointment of leading IT implementation consultancies as channel partners.

Adriaan, Lenz and Olaf have impressed us as software developers and we believe that they will succeed in developing unique software solutions not only in South Africa but also in the international arena. 

If you have any plans to re-engineer or automate processes in your business, we will arrange for you to have a quick introduction to K2.net…you have nothing to lose and a lot to gain.

Kind regards,

Rudolf Pretorius
Christoff Botha
Konrad Fleischhauer

Treacle Venture Partners
Tel: +27 11 463-7476
Fax: +27 11 463-1213

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