Information  X 
Enter a valid email address

Knowledge Support (KSS)

  Print      Mail a friend

Friday 04 January, 2002

Knowledge Support

Stmnt re Further Order

Knowledge Support Systems Group Plc
4 January 2002

FOR IMMEDIATE RELEASE

4 January 2002


                     Knowledge Support Systems Group PLC

   Fourth major installation with Multinational Fuels Supplier and Marketer

Knowledge Support Systems Group PLC ('KSS'), which develops and markets price
management and optimisation systems, is pleased to report that it has received
a fourth order for its fuels pricing solution PriceNetTM under its global
agreement with a major petroleum retailer. This order follows a successful
evaluation exercise conducted during the spring of 2001.


In the evaluation PriceNet delivered a significant increase in profitability
through its single site and network optimisation capabilities whilst working
within the tight constraints imposed by both the customer's pricing strategies
and the volatile market conditions that prevailed during the evaluation
period.


KSS' CEO, Mr. David Mushin, commented 'We are delighted to be able to report a
further order for our pricing technology in what is a major European market
for our customer. The implementation of PriceNet in the coming weeks will
provide a valuable additional reference site in a major new European country
for KSS.'


- ENDS -


For further information please contact:

KSS

David Mushin, Chief Executive                     Tel: 0161 228 0040
Iain Cockburn, Finance Director



                                                                                
                 

a d v e r t i s e m e n t