Focus Solutions Group PLC
23 July 2007
23rd July 2007
Focus Solutions Group plc ("Focus" or "the Group")
HSBC Bank plc signs contract extension worth £322,000 with Focus
Focus Solutions Group plc (AIM: FSG), is pleased to announce the signing of a
contract extension with HSBC Bank plc.
This contract, worth £322,000, relates to consultancy services, which will be
carried out in FY2008, to assist in the scoping and analysis of requirements for
the second half of a major new project being undertaken by the Bank.
Focus is already developing a multi-channel sales support system to support
HSBC's multi-tie distribution channel for life, pensions and investment
products. This scoping exercise will extend the Point of Sale solution to
include the IFA sales process, commercial planning and offline working.
Helen Roberts, Business Programme Manager, HSBC Bank plc commented:
"Focus' experience in delivering successful sales process technology and clear
approach gives us the confidence to invest further in delivering the next stage
of this complex program. This is a major project for the bank and we required a
partner that we could trust, would deliver on time and provide us with the right
tools for the job."
Richard Stevenson, Chief Executive, Focus Solutions Group plc added:
"The Bancassurance market is a growing sector for Focus. This new contract for
consulting services with an existing client demonstrates HSBC's commitment to
our partnership. The ability of our solutions to add significant business value
to them through being deployed in a number of different channels.
"Our proven technology is providing large blue chip organisations with a
flexible, cost effective sales process that improves the customer experience and
benefits the bank and its advisers. The contract underpins our expectations for
the current year."
END
Enquiries:
Focus Solutions Group plc 01926 468300
Richard Stevenson - Chief Executive
Martin Clements - Finance Director
Seymour Pierce Limited
Mark Percy 0207 107 8000
Smithfield
Tania Wild/Reg Hoare 0207 360 4900
Notes to editors:
About Focus Solutions Group plc
Focus is an established supplier of easily configured and re-usable component
based software and business services, which enable faster, more effective & cost
efficient processing of complex customer transactions.
Focus has helped some of the world's leading public & private sector
organisations to successfully automate their most demanding customer processes.
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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