Presentation Products Direct,
          which supplies audio-visual presentation equipment, moved in this week
          and will shortly be followed by two more new companies.
          Chrysalis is based on the
          fourth floor of the former Courtaulds Building on Foleshill Road. It
          offers tenants flexible occupation terms, full support services,
          conference facilities, access to leading edge electronic data link
          services and business advice.
          The 20 office suites, managed
          by Portfolio Property Management, have already attracted high levels
          of interest from across the Midlands.
          PPD managing director Colin
          MacLeod said:
          
            "We were attracted by
            the profile of Tower Court, which is a landmark building, the
            relationship with other IT-based companies in the building and the
            business support on offer."
          
          Confederated Builders - a
          consortium comprising Coventry-based Deeley Properties and Cromwell
          Developments, part of the Benfield Group - is behind the £6 million
          transformation of Tower Court from a derelict industrial site into a
          state-of-the-art office complex.
          Clive Benfield, of the
          consortium, said: "We are delighted to welcome PPD to Tower
          Court. It is just the sort of company the Chrysalis Business Centre
          was set up to serve.
          
            "It has definite plans
            for growth and the flexible terms and business support the centre
            offers are ideal for its needs. We wish PPD the best of luck."