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New South African Contract

7th Jul 2011 07:00

RNS Number : 9195J
EG Solutions plc
07 July 2011
 



 

 

IMMEDIATE RELEASE

7 July 2011

 

 

eg solutions plc

 

NEW CONTRACT WIN

 

eg solutions plc ("eg" or "the Company"; LSE-AIM: EGS), the back office optimisation software company, announces today that it has signed a sales contract valued at approximately £660,000 over the next 20 months. Approximately £380,000 is expected to be recognised in the Company's current financial year, ending 31 January 2012. The contract is with an existing customer, one of South Africa's leading investment administration companies which provides outsourced healthcare services.

 

This new contract provides 20 months of implementation support for roll-out of the eg operational intelligence® software suite to provide historic, real-time and predictive Operational Management Information to a further 1100 users. The implementation will be undertaken in phases with the first phase covering an additional 300 users in Cape Town. It follows successful implementations in Braamfontein and Pretoria and takes the total number of current users to 700 with potential to increase this to up to 1500 users over the 20 month implementation period.

 

Elizabeth Gooch, Chief Executive Officer, commented: "This latest contract win is the result of eg operational intelligence® delivering significant benefits to the customer since October 2009. It demonstrates how eg's growth is sustained through strong relationships with existing customers and the performance of our products, as well as wining new customers."

 

END

 

CONTACTS

 

eg solutions plc

01785-715772

Elizabeth Gooch, Chief Executive Officer

www.eguk.co.uk

Bankside

020-7367-8888

Simon Bloomfield or James Irvine-Fortescue

Arbuthnot Securities Limited

020-7012-2000

Tom Griffiths

 

 

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.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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