Manpower Software PLC
28 April 2005
MANPOWER SOFTWARE PLC
("the Company")
AWARD OF CONTRACT
Manpower Software plc announces today that, as anticipated in the recent
Chairman's Statement which accompanied the 2004/5 Interim Results, it has
reached agreement for a sale of its software to Headquarters Land Command,
British Army ("HQ Land"). This contract has a value of £3.6 million over 6
years, of which approximately £1.3m should be capable of recognition in the
second half of this financial year. Additionally, HQ Land has the option to
proceed with further projects valued up to £0.4 million within the first three
years of the contract. In the opinion of the Directors, it is likely that
commitment to commence these further projects will be given in the first year of
the contract. Including the amount under option and amounts already under
contract, the total amount now under contract with HQ Land is £5.2 million.
The British Regular and Territorial Armies are using MAPS for Force Generation,
Force Modelling, state of readiness and training management. HQ Land is
responsible for the generation of army formations, units and individuals for
operations at home and overseas. All of its soldiers, whether regular or
reservist, must be properly equipped and trained and at the correct readiness
level for whatever they are required to do. It is therefore essential that HQ
Land has, at its fingertips, detailed knowledge of the state of training of its
forces and how prepared they are for operations. Manpower Software has been
supporting HQ Land for some time in delivering this capability and has
previously provided a software tool for Force Generation ("FORGE") to enable HQ
Land to manage its reserve forces with greater efficiency and clarity. This
capability is now being extended to the whole Army, Regular and Reserve.
The recent work on structural adjustments to the British Army highlighted the
need to be able to model forces against changing commitments, so that HQ Land
could analyse differing levels of its current force structure and examine
options to meet future training and operational commitments. Manpower Software
has been closely involved in developing this capability and has enhanced the
FORGE tool, to provide Force Modelling capabilities that have enabled HQ Land
actively to manage and schedule its complex activity-based operations programme.
Brigadier (now Major General) Mark Mans, when Assistant Chief of Staff Plans at
"HQ Land", has commented:
"Throughout the time that we have been involved with Manpower Software we have
been particularly impressed with their customer focussed approach and the way in
which they have engaged with us in an open and constructive manner that has
delivered considerable benefit to our business."
Richard Morgan-Evans, Managing Director, said:
"Force Generation is at the top of the agenda of every nation involved in rapid
expeditionary operations today. The fact that our products meet the
requirements of HQ Land and the British Army, who are themselves at the
forefront of military strategy, gives me great confidence in the ability of
Manpower Software to respond to the changing needs of all other National and
International armed forces that are undergoing the process of modernisation.
The Company will continue to work closely with HQ Land, building on this
success, to extend the functionality of the existing software products, while
ensuring that they will be capable of replication to other military forces
worldwide."
For further information please contact:
Manpower Software plc
Simon Thorne, Finance Director (020) 7389 9500
Shore Capital
Alex Borrelli (020) 7408 4090
Dated 28 April 2005
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.