Focus Solutions Group PLC
04 August 2006
4 August 2006
Focus Solutions Group plc ("Focus" or "the Group")
HSBC Bank plc signs significant new contract with Focus
Focus, a leading provider of customer management solutions to the retail
financial services market, has signed its first contract with HSBC Bank plc.
This initial contract, worth £850k, relates to the provision of consulting and
development services, which will be carried out in the main in the first half of
FY2007, to assist in the scoping of requirements for a major new project being
undertaken by the Bank.
This project will involve the development of a multi-channel sales support
system to support HSBC's multi-tie distribution channel for life, pensions and
investment products and will be launched in 2007.
Helen Roberts, Business Programme Manager, HSBC Bank plc commented;
"Focus has successfully demonstrated its knowledge and ability to deliver
multi-channel point of sale solutions into the highly regulated financial
services market place and we are confident that the Company will provide an
effective solution for our financial planning managers in 2007."
Richard Stevenson, Chief Executive, Focus Solutions Group plc added:
"The growth of business with major retail banks such as HSBC is particularly
important for the Group and increases our market penetration of the fast growing
bancassurance sector. We look forward to developing our relationship further
with HSBC in the future''
-END-
Enquiries:
Focus Solutions Group plc
01926 468300
Richard Stevenson - Chief Executive
Martin Clements - Finance Director
Seymour Pierce Limited
0207 107 8000
Mark Percy
Notes to editors:
About Focus Solutions Group plc
Focus Solutions Group plc is a specialist provider of XML development software
and e-commerce solutions. The Group develops business process solutions to
support the customer management process within the Retail Financial Services and
Public Sector marketplace. Focus' software, goal:technology, is an integrated
XML development environment with the deployment capability for delivery onto
Windows and J2EE platforms. Focus works with strategic partners and
distributors to promote its technology on a worldwide basis.
The Group has been delivering XML development tools to enable data capture for
over 10 years achieving a blue chip customer base and a community of over 80,000
users.
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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