RNS Number : 3677F
EG Solutions plc
12 January 2010
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IMMEDIATE RELEASE
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12 January 2010
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eg solutions plc
Nationwide Building Society purchases enterprise-wide licence
eg solutions plc ("eg" or "the Company"; LSE-AIM: EGS), the operations management software company, is pleased to announce that its eg operational intelligence® software suite has been chosen as the operational management software solution for use across Nationwide Building Society, Member Account Administration Division. No financial details have been disclosed.
Nationwide Building Society has signed an Enterprise Licence for the use of the full eg product suite, including eg work manager®, eg operational intelligence® and eg operational intelligence® data views. The software will be deployed across all of Nationwide's core processing functions, including Mortgages, Savings, Account Maintenance and
Payments & Lending Control, in addition to the existing users within Nationwide Regional Brands (The Cheshire, Derbyshire and Dunfermline Building Societies) and Specialist Lending (The Mortgage Works and UCB Brands).
The number of users of eg's software within Nationwide is expected to be more than 3,000, an increase of 80% over previous user levels.
The licence revenue will be recognised within the current financial year with roll-out plans commencing immediately.
Elizabeth Gooch, Chief Executive Officer of eg, commented: "Nationwide's purchase of an enterprise-wide licence for eg's product suite follows a series of orders over the past few years and cements our ongoing relationship as their chosen supplier of operational management software solutions."
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CONTACTS
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eg solutions plc
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01785-715772
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Elizabeth Gooch, Chief Executive Officer
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www.eguk.co.uk
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Bankside
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020-7367-8888
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Steve Liebmann, Simon Bloomfield or Andy Harris
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Arbuthnot Securities Limited
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020-7012-2000
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Tom Griffiths
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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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