Contract win

RNS Number : 4438Z

IS Solutions PLC

11 December 2014

 

I S Solutions Plc

(the "Company")

Contract win

In the Company's 2014 Half-yearly report released on 29 September, it referenced in its outlook, "a major Analytics contract which, if closed would enhance our second half performance."

The Board is pleased to update shareholders that final stage negotiations have now been successfully concluded with the major financial services business; the awarded contract which is initially for five years, will take effect on the date of signing which currently is envisaged to take place next week.

It is expected that a significant proportion of income from this contract will be delivered in this financial year. The business also has a number of exciting opportunities within its pipeline; this together with recent business wins and a number of projects coming back on stream bodes well for the future.    

ENQUIRIES
IS Solutions Plc John Lythall, Managing Director Tel: [phone]	FinnCap Nominated Broker & Adviser Ed Frisby/Simon Hicks - Corporate Finance Stephen Norcross - Corporate Broking Tel: [phone]	TooleyStreet Communications Ltd IR & Media Relations Fiona Tooley, Director Tel: [phone]
Editor's Note IS Solutions is a systems integrator and value-added reseller focused on three web-related areas - portals, content/document management, with specialities in business intelligence and 'big data' analytics. Based in Sunbury-on-Thames, the Group was founded in 1985 and became a listed PLC 1997.  The business currently employs 100 staff, including 18 in Chennai, India, who provide product development and support. It also has a strong blue-chip client base which includes Toyota, Toshiba as well the AA, NHS, KBC Bank, Compare The Market™, URENCO, HMRC, M&S and RBS.		Ticker: AIM: ISL Accreditation: ISO27001 E-mail:  [e-mail] Website:  www.issolutions.co.uk Follow us  www.linkedin.com/company/issolutions

 

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