Focus Solutions Group PLC
06 April 2005
6th April 2005
Focus Solutions Group plc
Major contract win and trading update
Focus Solutions Group plc ("Focus") is pleased to announce it has won a contract
with Zurich Financial Services Group to build a new Point of Sale solution.
The initial contract is worth £1.7m, including a five-year contract for licence,
support and maintenance fees.
Focus expects to report a break-even position plus or minus £50,000 for the
financial year ended 31 March 2005. This is a substantial improvement on last
year's loss before taxation of £382,000.
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Enquiries:
Focus Solutions Group plc
01926 468300
John Streets - Chief Executive
Martin Clements - Finance Director
Notes to editors:
About Focus Solutions Group plc
Focus Solutions Group plc 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 and pensions and mortgage market
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, 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 Solutions, 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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