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3 Jun 2010 07:00
3 June 2010
ALLOCATE SOFTWARE PLC
("Allocate" or "the Company")
Allocate Signs Staff Rostering Software Contract with
The State Government of New South Wales, Australia
Allocate Software plc (AIM:ALL), the leading provider of workforce optimisation and e-Rostering solutions for Healthcare, has been selected as preferred supplier for a major e-Rostering project and signed contracts with the State Government of New South Wales, Australia to supply its Healthroster software across the entire state public health system, covering more than 90,000 staff.
The signed contract value is in excess of A$6 million (approximately £3.3 million at current exchange rates) and will start to be delivered during the 2011 financial year, therefore having no financial impact on trading in the 2010 financial year just closed. In addition, a services agreement worth approximately A$4 million (approximately £2.2 million at current exchange rates) is expected to be agreed and signed following the completion of an initial planning project, bringing the total contract up to a potential value of A$10 million.
Ian Bowles, Chief Executive Officer of Allocate, commented: "This is a very significant contract for Allocate, enabling us to extend the knowledge and expertise we have gained by working closely with the NHS in the UK, to the Australian Healthcare market. I am enormously proud of our Healthcare team, led by Allen Swann and Paul Scandrett, who have demonstrated through a rigorous competitive tendering process that the functional richness of Healthroster combined with the domain expertise of our team delivers a world class solution to Healthcare organisations. To be selected by the State Government of New South Wales, Department of Health is a positive reinforcement of our corporate goal of becoming a key partner to major Healthcare organisations around the world."
NSW Health Director General, Professor Debora Picone, commented: "Healthroster from Allocate provides a solution which is considered one of the best rostering programs in the world. The experience in the UK's National Health Service has been extremely positive and it can boast being the fastest growing health product in use in the UK. Healthroster was developed with the health environment specifically in mind. It is intuitive and easy to use, and most importantly doctors, nurses and allied health professionals who use it overseas report it takes the hard work out of rostering."
Enquiries:
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Allocate Software plc Ian Bowles - Chief Executive Officer Chris Gale - Chief Financial Officer Claire Parsons - Marketing Communications Manager
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Tel: +44 (0) 20 7355 5555 |
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Numis Securities Nominated adviser - Michael Meade / Brent Nabbs Corporate Broking - James Black
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Tel: +44 (0) 20 7260 1000 |
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Hansard Communications Justine James Kirsty Corcoran |
Tel: +44 (0) 20 7245 1100 +44 (0) 7525 324 431
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About Allocate Software plc
Allocate Software plc is the leading workforce optimisation software applications provider for world-wide organisations with large, multi-skilled workforces. With a blue chip client base spanning the public and private sector, its key vertical markets include: Healthcare, Defence and Maritime.
At the core of the business is Allocate's workforce optimisation software, which organisations use to deploy the right people with the right skills, to the right place at the right time. Headquartered in London, Allocate provides services and support to its increasing international customer base through regional offices in the UK, Sweden, USA, Australia and Malaysia.
Allocate is quoted on the London Stock Exchange (AIM: ALL). For further information please visit www.allocatesoftware.com.
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