New contract from existing UK customer

New services contract from existing UK enterprise customer

eg solutions plc ('eg' or 'the Company'; LSE-AIM: EGS), the back office optimisation software company, announces that it has won a further services contract from an existing UK enterprise customer in the financial services sector. This contract will refine the set-up of eg software and provide Operations Management training and development services to all Managers and Team Leaders across the operation.

The value of this contract is approximately £340,000, all of which will be recognised in the current financial year.

Since purchasing an enterprise licence for eg operational intelligence® in 2010 to roll out across its core processing functions, including Mortgages, Savings, Account Maintenance and Payments & Lending Control, the customer has successfully achieved significant cost savings.

This new contract will provide support for the customer's strategic objectives by optimising back office performance and delivering further financial benefits.

Elizabeth Gooch, Chief Executive Officer of eg, commented:

"This latest order demonstrates eg's success in assisting existing customers to achieve ongoing financial benefits. It also provides further evidence of the strong demand we are experiencing since re-engineering our software."

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About eg solutions plc

eg solutions plc is a global back office optimisation software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.

The Company, which is listed on the Alternative Investment Market ('AIM') of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.