Brady Regulatory News (BRY)

1 Jun 2006 07:00

Brady Plc ("the Company"), the supplier of software solutions for globalcommodity trading, is pleased to announce that it has signed a contract tosupply its flagship product, Trinity version 600, to a major Europeancommodities trading organization. The initial implementation is expected tocomplete in 2006. There is a possible second phase continuing into 2007.The award of the contract follows an extended sales and evaluation process forthe Trinity product, which provides fully integrated support for trading, riskmanagement, back office and physical logistics. Evaluation and scopingcontinues on this product for further potential customers.The Company has also received a letter of intent which is expected to lead to asmaller agreement for the supply of the Opval product for freight trading.As licence fees are typically recognized towards the end of implementationprojects or phases, income for 2006 is expected to be weighted to the secondhalf.ENDBRADY PLC