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Q4 Update & Contract Wins

Q4 Update & Contract Wins.

articleAtlantic Lithium Limited.June 10, 20105/company/atlantic-lithium-limited/news/q4-update-and-contract-wins-1
Q4 Update & Contract Wins

About this update from Atlantic Lithium Limited.

[{"type":"text","content":"\n RNS Number : 3672N Allocate Software PLC 10 June 2010  \n \n\n10 June 2010\nALLOCATE SOFTWARE PLC\n(\"Allocate\" or \"the Company\")\n \nFourth Quarter Update and Contract Wins\n \nAllocate Software plc (AIM: ALL), the leading provider of workforce and business optimisation solutions, announces a strong performance for its fourth quarter ended 31 May 2010.  Key highlights include: \n \n§ Acquisition of Dynamic Change Ltd, a market leading software-as-a-service (\"SaaS\") provider, to broaden Allocate's application portfolio for the Healthcare sector to include regulatory compliance, corporate governance, risk and performance management \n \n§ 14 new NHS contract wins for Healthroster, the e-Rostering application, increasing the total NHS e-Rostering customer base to 119 Trusts\n \n§ Awarded the largest contract in Allocate's history - a State-wide e-Rostering contract by the Department of Health, New South Wales, Australia. The signed contract value for license and support is in excess of A$6 million (approximately £3.3 million at current exchange rates). In addition, a services agreement worth approximately A$4 million (approximately £2.2 million at current exchange rates) is expected to be agreed and signed following the completion of an initial planning project, bringing the total contract up to a potential value of A$10 million\n \n§ £2 million contract signed with the Australian Army for Allocate's Defence Suite \n \n§ Birmingham East and North Primary Care Trust signed a new contract for BSMS Trinity, the Bank Staff Management Solution\n \n§ London Ambulance Service signed a contract for Allocate's SAPPS financial modelling product, boosting the total number of NHS healthcare organisations using this application to 65\n \n§ Continued successful integration of Time Care AB with 15 new business wins, eight of which were new license deals \n§ Dynamic Change Ltd secured its first business win as part of the Allocate Group, with Dudley Group of Hospitals NHS Foundation Trust purchasing its Commissioning for Quality and Innovation (\"CQUIN\") solution, helping the Trust to drive quality and unlock incentive payments\n \nHealthcare \nAllocate's acquisition of Dynamic Change Ltd last month enables the Company to offer the Healthcare sector a broader range of ...

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