Focus Solutions Group PLC
13 November 2006
13 November 2006
Focus Solutions Group plc ("Focus" or "the Group")
HSBC Bank plc extends contract with Focus
Focus, a leading provider of adaptive software solutions, has announced that it
has extended its contract with HSBC Bank plc for the provision of consulting and
development services.
This initial contract, which was announced 4 August 2006 and worth £850k, has
been extended further by £430k, with the additional revenue payable in November
2006. The HSBC contract is now generating over £200k revenue a month for the
Group.
Richard Stevenson, Chief Executive, Focus Solutions Group plc added:
"We are delighted that HSBC has extended its contract with Focus, demonstrating
their commitment and accentuating the strategic value of this project to the
organisation. The bancassurance sector continues to be a prime market for Focus
and one that we will continue to target in the future."
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Enquiries:
Focus Solutions Group plc
01926 468300
Richard Stevenson - Chief Executive
Martin Clements - Finance Director
Seymour Pierce Limited
0207 107 8000
Mark Percy
Notes to editors:
About Focus Solutions Group plc
Focus is an established supplier of easily configured & re-usable component
based software & business services, which enable faster, more effective & cost
efficient processing of complex customer transactions.
Focus has helped some of the world's leading public & private sector
organisations to successfully automate their most demanding customer processes.
For further information on Focus, please visit www.focus-solutions.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange