6th Sep 2006 12:00
@UK PLC06 September 2006 Immediate Release 6 September 2006 @UK PLC Notice of Results @UK PLC (AIM:ATUK.L), a leading provider of software solutions that facilitate eCommerce and eProcurement in the local government and Health sectors, intends to announce its interim results on 28 September 2006. There will be a presentation to analysts on the day at 9.30am, held at Smithfield's offices, 10 Aldersgate Street, London, EC1A 4HJ. For further information please contact: @UK PLC +44 (0) 0118 963 7000Lyn Duncan, Managing DirectorJohn Aiken, Finance Director Shore Capital +44 (0) 0151 600 3700Mike Sawbridge Smithfield +44 (0) 020 7360 4900Sara Musgrave/Tania Wild Notes to Editors: eCommerce can be defined as the buying and selling of products and services overthe internet. eProcurement is the particular process by which largeorganisations carry out their purchasing using eCommerce. @UK offers a uniquesolution within the field of eCommerce/eProcurement. Using its online network,public sector bodies such as local authorities, schools and hospitals andprivate sector enterprises can buy online from small to medium enterprises(SMEs), as well as larger suppliers. At the same time those suppliers generallyset up a trading website on @UK which can be used to sell online to otherbusinesses and even consumers worldwide. @UK is currently focused strongly onselling this approach to buyers throughout the public sector since this sectoroffers specific opportunities as a result of the UK Government's statedrequirements for eProcurement. Currently, there are over 1,000 public sector bodies spending over £100 billionannually on goods and services with around one million suppliers. These publicsector bodies have now been given specific performance targets in connectionwith eProcurement, and substantial sums have been invested by the Government ineCommerce platforms in both central and local Government. These projects form a core part of the 'Gershon' efficiency drive to save thepublic purse more than £20 billion annually by 2007/08. This drive followed thepublication in July 2004 of Sir Peter Gershon's report, 'Releasing resources tothe front line: Independent Review of Public Sector Efficiency'. In addition,the Government encourages public sector bodies to engage with local companiesand stimulate their adoption of eCommerce. The Directors believe that @UK is ideally positioned to experience significantgrowth as these public sector bodies put in place the necessary online linkswith their suppliers. @UK listed on AIM in December 2005, raising £8 million before expenses at anissue price of 60p. It purchased Coding International, its first acquisitionsince becoming a quoted company, in May 2006. @UK is included in the Softwareand Computer Services Sector (9530). For further information please visitwww.ukplc.net. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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