Manpower Software PLC
06 June 2003
MANPOWER SOFTWARE PLC ("the Company")
AWARD OF CONTRACT
As referred to in the Chairman's interim statement dated 28 February 2003,
Manpower Software plc is pleased to announce the sale of its MAPS Crew Manning
software to three of the operating companies within the AP Moller Group, a major
global shipping company based in Copenhagen. The value of the contract is
approximately £1.3 million. The integrated MAPS suite will provide crew
scheduling, travel, recruitment, training management and personnel functions,
enabling the companies to manage and plan the crewing requirement for their
250-strong fleet and 8000 crew.
The order from the AP Moller Group is the first result of the Company's plan to
expand its activities into markets adjacent to the specific cruise sector,
having become the dominant supplier of crew manning systems in the cruise
market. In the last three years, MAPS has been chosen by the world's four
largest cruise lines: Carnival Cruise Line, Royal Caribbean, P&O Princess and
Norwegian Cruise Line.
We are delighted to have entered into this agreement with AP Moller Group, one
of the world's leading shipping companies, which is a testament to the high
quality offering of our MAPS software. We also take this opportunity to confirm
that sales revenues have been significantly higher in the second half of the
financial year than in the first half and, accordingly, the Company was
profitable in this period. Albeit the Company will still report a loss for the
year as a whole, looking to the future we are confident that our business is
poised for further growth over the medium term.
Enquiries:
Manpower Software plc
Simon Thorne, Finance Director
020 7389 9500
Strand Partners Limited
Rory Murphy, Director
020 7409 3494
Shore Capital
Alex Borrelli
020 7408 4090
Dated 6 June 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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