Business
Contract Win
Contract Win.
About this update from Arcontech Group Plc
[{"type":"text","content":"\n Knowledge Technology Solutions PLC\n20 September 2007\n\n\n\nRNS Release 20 September 2007\n\n Knowledge Technology Solutions plc ('KTS', 'the Company')\n\n Contract Win\n\nArcontech, the award-winning developer of mission-critical software for\nreal-time market data transmission and trading, which was recently acquired by\nKTS, has been awarded a significant contract to provide contract for difference\n(CFD) and spread betting trading platforms to Hichens Harrison, the City's\noldest firm of stock brokers.\n\nThe contract comprises Arcontech's AXE software suite to provide a trading\nplatform for web-based online trading, a high performance price calculation\nengine, order management and position keeping and a full back office\nadministration system.\n\nDr. Marc Pinter-Krainer, Chief Executive of KTS, commented:\n\n'I am delighted to be able to announce this major contract win for our Arcontech\nsubsidiary. We are pleased to add Hichens Harrison, with its 203-year heritage\nto our blue chip client base that includes national treasury, central banking\nand major investment banking firms as well as supporting many other online CFD\nand spread betting operations. Hichens Harrison's decision to use Arcontech's\nsoftware is a tremendous endorsement of the quality of the product, and this\nreinforces my confidence that Arcontech will make an important contribution to\nKTS over the coming years.'\n\nAdam Wilson, Chief Executive of Hichens Harrison, commented:\n\n'Arcontech's high quality technology is the perfect update to our CFD and spread\nbetting capabilities. Arcontech's solution offers excellent reliability and\nfunctionality, and will help us broaden our online service offering, allowing us\nto continue our commitment to offering the highest quality service to our\nclients.'\n\n - Ends -\n\nEnquiries:\n\nDr Marc Pinter-Krainer, \nKnowledge Technology Solutions PLC Tel: + 44 (0) 207 256 2300\nAndrew Miller, Arcontech Tel: +44 (0) 207 405 2111\nMike Coe / Marc Davies, Blue Oar Securities Tel: +44 (0) 117 933 0020\nKatie Hunt / Will Henderson, Smithfield Tel: + 44 (0) 207 360 4900\n\n\nNotes to Editors\n\nAbout KTS\n\nKTS is an innovative provider of financial market data application services and\nsolutions. The company is listed on AIM, a London Stock Exchange regulated\nmarket (ticker symbol: KTS).\n\nIts real-time market dat...