1. it is clean 2. the readability is good 3. it shows what the company does 4. it looks more professionali think it looks excellent, and i think it is a great improvement. one thing i would like to see is the P vertical coming down straight instead of on an angle to the southeast (can you ask the designer to do a version like that). I think it might clean it up a little, and be a little more balanced. to me it seems the P is a little larger and pulls me to the right instead of reading it left to right C - Z - P i am used to doing this, so it is just my critique ;)

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