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Wednesday 29 July, 2009

EG Solutions plc

Contract Win

RNS Number : 4585W
EG Solutions plc
29 July 2009
 



eg solutions plc



NEW CONTRACT WIN


eg solutions plc ('eg' or 'the Company'; LSE-AIM: EGS), the operations management software company, announced today that it has signed a further new sales contract valued at £230,000 for software and services with a major UK life and pensions company that is an existing client


eg's operational management software will be rolled out to 400 additional staff in the operational teams to support improved capacity and work flow management and to provide consistent operational management information. This sale follows a successful implementation project during 2008 within the same Division.


As a result, the total number of users of eg's software within this client has now increased to over 1,600 with installations across four divisions.


Elizabeth Gooch, Chief Executive Officer, commented: 'This additional purchase of software and licences is an excellent example of the progressive roll-out of our solution within a major financial services business. Revenue will be recognised across both half periods in our current financial year.'


Ends



CONTACTS


eg solutions plc 

01785-715772

Elizabeth Gooch, Chief Executive Officer

www.eguk.co.uk





Bankside

020-7367-8888

Steve Liebmann, Simon Bloomfield or Andy Harris




Brewin Dolphin Ltd (Nominated Adviser)

0845-213-4748

Mark Brady, Director Corporate Finance




About eg solutions plc


eg solutions plc is a global operations management software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.


The Company, which is listed on the Alternative Investment Market ('AIM') of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.



This information is provided by RNS
The company news service from the London Stock Exchange
 
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