Owner of the Ansearch search engine business, Optum Health Ltd ASX:OPM), has shed most of its legacy water treatment holdings for $800,000 cash and a share of future royalties.

In an after market close announcement, e-Learning software provider, HarvestRoad (ASX:HRD), has reported a disastrous financial year, with a 61.6% drop in revenues and a 217% turnaround from a healthy net profit in 2004 to a hefty loss in 2005.

Portfolio management software company, Tomato Technologies (ASX:TMO), had a less than inspiring 2005, with its net profit down nearly $1 million.

Automated fare collection systems and smartcards provider, ERG Limited (ASX:ERG), has reported a solid turnaround in 2005, with increased revenues and a dramatic narrowing of its previous year's net loss.