28th Apr 2005 07:00
Manpower Software PLC28 April 2005 MANPOWER SOFTWARE PLC ("the Company") AWARD OF CONTRACT Manpower Software plc announces today that, as anticipated in the recentChairman's Statement which accompanied the 2004/5 Interim Results, it hasreached agreement for a sale of its software to Headquarters Land Command,British Army ("HQ Land"). This contract has a value of £3.6 million over 6years, of which approximately £1.3m should be capable of recognition in thesecond half of this financial year. Additionally, HQ Land has the option toproceed with further projects valued up to £0.4 million within the first threeyears of the contract. In the opinion of the Directors, it is likely thatcommitment to commence these further projects will be given in the first year ofthe contract. Including the amount under option and amounts already undercontract, the total amount now under contract with HQ Land is £5.2 million. The British Regular and Territorial Armies are using MAPS for Force Generation,Force Modelling, state of readiness and training management. HQ Land isresponsible for the generation of army formations, units and individuals foroperations at home and overseas. All of its soldiers, whether regular orreservist, must be properly equipped and trained and at the correct readinesslevel for whatever they are required to do. It is therefore essential that HQLand has, at its fingertips, detailed knowledge of the state of training of itsforces and how prepared they are for operations. Manpower Software has beensupporting HQ Land for some time in delivering this capability and haspreviously provided a software tool for Force Generation ("FORGE") to enable HQLand to manage its reserve forces with greater efficiency and clarity. Thiscapability is now being extended to the whole Army, Regular and Reserve. The recent work on structural adjustments to the British Army highlighted theneed to be able to model forces against changing commitments, so that HQ Landcould analyse differing levels of its current force structure and examineoptions to meet future training and operational commitments. Manpower Softwarehas been closely involved in developing this capability and has enhanced theFORGE tool, to provide Force Modelling capabilities that have enabled HQ Landactively to manage and schedule its complex activity-based operations programme. Brigadier (now Major General) Mark Mans, when Assistant Chief of Staff Plans at"HQ Land", has commented: "Throughout the time that we have been involved with Manpower Software we havebeen particularly impressed with their customer focussed approach and the way inwhich they have engaged with us in an open and constructive manner that hasdelivered considerable benefit to our business." Richard Morgan-Evans, Managing Director, said: "Force Generation is at the top of the agenda of every nation involved in rapidexpeditionary operations today. The fact that our products meet therequirements of HQ Land and the British Army, who are themselves at theforefront of military strategy, gives me great confidence in the ability ofManpower Software to respond to the changing needs of all other National andInternational armed forces that are undergoing the process of modernisation.The Company will continue to work closely with HQ Land, building on thissuccess, to extend the functionality of the existing software products, whileensuring that they will be capable of replication to other military forcesworldwide." For further information please contact: Manpower Software plcSimon Thorne, Finance Director (020) 7389 9500 Shore CapitalAlex Borrelli (020) 7408 4090 Dated 28 April 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Atlantic Lithium