Re Contract

eg solutions plc ("eg solutions" or "the Company"; LSE-AIM: EGS), the back office optimisation software company, announces that it has won a new contract from the UK branch of one of the world's largest banks.

The contract value is £577,000 of which licence revenue of £326,000 will be earned in the year ending 31 January 2011.

The contract is for the data capture and reporting modules of Nuqleus 3D, the business performance measurement software that eg acquired through XTAQ in March 2010. The software will be deployed to 1500 users across the bank's back office departments to provide Operational Management Information to its retail and business banking activities. The implementation will upgrade existing Nuqleus 9 licences to support the bank's objectives of improving Service Levels and Productivity.

Elizabeth Gooch, Chief Executive Officer, commented:

" With the addition of Nuqleus 3D into our software suite our customers can now capture data in real-time. This enables them to plan capacity and schedule their resources much more efficiently as well as pro-actively distribute work throughout the day to optimise operational performance. Since we acquired XTAQ in March 2010 orders of £1.4million for Nuqleus 3D have been secured which demonstrates the increasing demand for real-time performance reporting. We are delighted with its success to date."

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About eg solutions plc

eg solutions plc is a global operations management 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.