Focus Solutions Group PLC
21 October 2005
21 October 2005
Focus Solutions Group plc ("Focus" or "the Group")
Home of Choice extends existing Focus contract
Focus, a leading provider of customer management solutions to the financial
services market, has today announced that it has extended its contract with new
mortgage network, Home of Choice ("HoC").
This follows an RNS announcement made on the 29th September 2005 for the
development of an online solution to enable HoC to recruit, register and support
new mortgage advisers for the network.
The HoC contract is now worth an additional £238,000, taking the contract value
to £927,000. The additional revenue was derived from extending the functionality
of the HoC solution in the first phase of the project.
Keith Baldwin, Chief Executive, Home of Choice commented:
"The additional work completed by Focus will add measurable value to our network
members and we are delighted with our new technology solution. We now have an
adviser offering that provides significant competitive differentiation in the
market place and expect to over achieve our target in terms of the number of
advisers we recruit by the end of 2005."
John Streets, Chief Executive, Focus Solutions Group added;
"We are delighted that Home of Choice has extended its contract, strengthening
our business relationship further. Home of Choice is an excellent example of an
organisation that values the importance of technology to create differentiation
in a very competitive market maximising their efficiency and it is now reaping
the business benefits.
-END-
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, Home of Choice, Mortgages plc, Norwich Union,
Paymentshield, Prudential, Scottish Equitable, Scottish Widows, Skandia UK
Group, Standard Life 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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