Europe [STXNEWS/EU] Real time Equity News [E] [GB/EQUITY] UK [STXNEWS/UK] Stocks on the move [HOT RTRS] UK smallcaps [STX/UKSC] UK smallcaps news [GB/SMALL] 10:56GMT 09Feb2009 Patsystems up on strong FY, outlook Shares in Patsystems Plc ( PTSL ) rise 67 percent after the provider of trading systems software posts robust 2009 results despite the collapse of major client Lehman and says the current year has begun with a strong sales pipeline "PatSystems has many of the attributes we like to see in software companies , a recurring revenue model, a top quality customer list, a strong balance sheet with good cash generation, and a range of cyclical and structural growth opportunities over the next 24 months," Numis Securities analyst David Toms says in a note
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