Business
Contract Win Trading Update
Contract Win Trading Update.
About this update from Foresight Group Holdings Ltd.
[{"type":"text","content":"\n Focus Solutions Group PLC\n31 March 2008\n\n\n\n\nEmbargoed until 0700 31st March 2008\n\n Focus Solutions Group\n (\"Focus\" or the \"Group\")\n\n Contract Win & Trading Update\n\nFocus Solutions, (AIM: FSG), a leading provider of proven enterprise solutions\nto the financial services market, is pleased to announce a contract win and\ntrading update.\n\nContract Win\nFocus Solutions has been selected by a leading European information technology\ncompany to provide software components and development services to assist in the\ndelivery of Intermediary and Consumer Portal solutions for its mortgage\ncustomers. The value of the initial contract is £710,000 and relates to the\ndelivery of the solution to two customers.\n\nThe partnership arrangement will potentially benefit thirty six of their\nexisting customers who will be able to adopt the new product as a complementary\nmodule. It will also be offered to new customers looking for a cost effective\nsolution to provide online sales of mortgage products. The solution will include\nFocus' revolutionary new focus:360degrees product, providing a multi-channel\nsolution to support the business to consumer (B2C) channel via a lender's web\nsite and the business to business (B2B) channel to support mortgage\nintermediaries.\n\nRichard Stevenson, Chief Executive, Focus Solutions Group plc, comments:\n\n\"We are delighted to have been selected as the development partner by such a\nsignificant supplier to the UK mortgage market. This is a tremendous endorsement\nof our market-leading position and our ability to provide multi channel\nsolutions from a single technology platform. The new focus:360degrees\nproposition is gaining significant traction in the marketplace and this deal\nfurther cements our position in multi-channel mortgage distribution.\"\n\nComment on Current Trading\n\"The Board is pleased to report that the Group is trading broadly in line with\nexpectations. We have a strong pipeline of new business and remain confident\nabout the prospects for the Group and further sales of the focus:360degrees\nproduct suite.\"\n\n\n END\n\nEnquiries:\n\nFocus Solutions Group plc 01926 468300\nRichard Stevenson - Chief Executive\nMartin Clements - Finance Director\n\nDaniel Stewart 020 7776 6550\nGraham Webster/Chloe Ponsonby\n\nSmithfield 0207 360 4900\nTania Wild/Reg Hoare\n\nNot...