Re Contract

Focus Solutions Group PLC 06 September 2005 06 September 2005 Focus Solutions Group plc ("Focus" or "the Group") Focus announces major contract with Barclays Bank Focus, a leading provider of customer management solutions to the retail financial services market, has today announced a contract with major banking organisation, Barclays Bank PLC ("Barclays"). The contract, worth £2m over 5 years, is for the development of an electronic Point of Sale (POS) solution to support the sale of regulated life and pensions products for Barclays corporate and personal customers. The new POS solution will be integrated with industry portal, Assureweb. This contract takes Focus into another new vertical market, the growing bancassurance sector. Banks are taking a larger percentage of sales of life and pensions products following the start of Depolarisation in December 2004. This has created the opportunity for new distribution channels, with the ability to sell life and pensions products from a selected panel of insurers. Focus has already extended its reach into the general insurance market, with the recent signing of a contract with Assurant Solutions. John Streets, CEO, Focus Solutions Group plc added: "This contract creates sustainable revenues for Focus and we look forward to building a long-term relationship with Barclays. This is our first major contract with a large retail bank and extends our solutions into a new marketplace. As the benefits of Depolarisation unfold, we expect increasing demand for our technology and Multi Channel Advice (MCA) sales solutions." -ends- Enquiries: Focus Solutions Group plc 01926 468300 John Streets - Chief Executive Martin Clements - Finance Director Seymour Pierce Limited 0207 107 8000 Mark Percy Notes to editors: About Focus Solutions Group plc Focus is a leading provider of customer management solutions for the financial services industry. Focus' MCA (Multi-Channel Advice) approach, powered by goal: technology, delivers the life, pensions, mortgage and general insurance markets with a single solution to enable effective electronic trading across multiple distribution channels, online or offline, achieving straight through electronic trading at a much reduced cost to the financial services industry. Focus has a blue chip customer base of financial services organisations including Abbey for Intermediaries, Assurant Solutions, Barclays Bank PLC, Capital Home Loans Ltd, Kensington Mortgages, Legal & General, Mortgages plc, Norwich Union, Paymentshield, Prudential, Scottish Equitable, Scottish Widows, Skandia UK Group, Standard Life, Winterthur and Zurich, as well as industry portals, including Assureweb, The Exchange, IFAengine, Trigold and Webline. For further information on Focus, please visit www.focus-solutions.co.uk. This information is provided by RNS The company news service from the London Stock Exchange
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