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Monday 19 January, 2009

OneClickHR PLC

Trading Statement

RNS Number : 8249L
OneClickHR PLC
19 January 2009
 



Embargoed Release: 07:00hrs Monday 19 January 2009



OneClickHR plc


('OneClickHR' or the 'Group')


Trading Update


OneClickHR, the AIM quoted HR software, training services and solutions provider, is pleased to announce further contract wins for its HR software, HR.net, together with a trading update for its financial year ended 31 December 2008.


In the last quarter of 2008, a number of additional customers signed to HR.net, including EMI Music who intend implement the software across its 4,000 staff worldwide.


Hilton Hotels also signed an agreement with the Group; it will implement HR.net software on a 'Software as a Service' ('SaaS') basis to manage over 10,000 employees across 77 hotels in the UK and Ireland.


Additionally, through our technology agreement with Ceridian Corporation ('Ceridian'), we are pleased to note that the HR.net technology is supporting Ceridian's delivery of HR services to Whitbread plc and its 30,000 staff.


The Group is pleased to announce that in the year to 31 December 2008, profit and cash generation were ahead of management expectations. The full results for the 2008 financial year will be announced following the annual audit.


Frank Beechinor of OneClickHR, commented: 


'We are delighted to add these prestigious blue chip clients to our ever-increasing client base and are especially pleased to report our largest ever SaaS agreement with Hilton Hotels. This underlines the growing acceptance of the software rental model and provides a contracted revenue stream for the Group in the future.


During the last year we have focussed on increasing both the customer list and the financial strength of the Group and this strategy is reaping dividends as we can report that the Group's profit and cash generation have surpassed expectation.'


-Ends- 



Enquiries:


OneClickHR plc                                                                         +44 (0)844 7700 250


Frank Beechinor, CEO 


KBC Peel Hunt Ltd, Nominated Adviser and Broker           +44 (0)20 7418 8900


Oliver Scott / Oliver Stratton


Hansard Group                                                                         +44 (0)20 7245 1100


Adam Reynolds / Vikki Krause


About OneClickHR: 

Designed and developed by OneClickHR plc the HR.net software was designed for rapid deployment in a standard web enabled environment. All users need is an internet browser.  


Available as a traditional licence purchase or as a SaaS (Software as a Service) solution HR.net provides total flexibility to enable clients to configure their entire HR processes to meet local, national, international and company specific requirements. Annual Appraisals, Employee Self Service, E-Recruitment, Performance Management, Talent Management and Salary Reviews can all be swiftly implemented with the confidence of using up to date and accurate data.




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