PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCBUY.L Regulatory News (CBUY)

  • There is currently no data for CBUY

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Award of Framework for Social Care eMarketplaces

17 Dec 2012 07:00

RNS Number : 6291T
@UK PLC
17 December 2012
 



Embargoed for 7:00am release

17 December 2012

@UK PLC

("@UK" or the "Company")

 

@UK wins place in all four lots of the National Framework for Social Care eMarketplaces

 

@UK PLC (AIM:ATUK.L), the cloud ecommerce marketplace, is pleased to announce that it has been awarded a framework agreement in all four lots of the National Framework for Social Care eMarketplaces, from which local authorities will be able to select suppliers for their Social Care marketplaces.

 

The aim of the National Framework for Social Care eMarketplace is to provide the infrastructure to deliver the Government's personalisation agenda, through an online marketplace which simplifies the complexities of social care purchasing so that individuals can purchase their own care. The @UK system is the only system that is fully integrated into the credit card network and able to store credit card details within the marketplace. This means that it fully meets with the Government's personalisation requirement as individuals using the @UK system will be able to carry out the whole process of social care purchasing, from review and selection of services through to payment. This is important because the target of 100% individual budgets has been reduced by the Government to 70% by April 2013, and the @UK Care Marketplace is believed to be the only system currently available that fully meets the requirements.

 

As previously announced, @UK currently has two pilot social care emarketplaces running at Hertfordshire County Council and Peterborough City Council, and believes its position in all four lots of the National Framework should help secure additional projects with further councils.

 

Serco has used the @UK marketplace to deliver its guarantee of 25% savings in social care for Hertfordshire County Council.

 

@UK believes the size of this market opportunity is significant. The Board believes that there are 160 local authorities that need to implement a care marketplace as part of the move to individual budgets by April 2013. The potential earnings range from a care directory at £20,000 to a fully integrated marketplace at £500,000, giving a potential market size of approximately £80 million.

 

Ronald Duncan, Executive Chairman of @UKsaid:

 

"We are delighted that our fully integrated marketplace has once again been named in all four lots of a national framework, this time for the provision of social care marketplaces. As the first to market with a fully integrated system that has the security to both store patient records and make card payments, our solutions have a significant competitive advantage and therefore we are confident in wining further work in the coming months."

 

ends

Enquiries:

 

@UK PLC

Ronald Duncan, Chairman

Tel: 0118 963 7000

Westhouse Securities Limited

Tom Griffiths/ Richard Johnson

Tel: 020 7601 6100

Newgate Threadneedle

Caroline Evans-Jones/ Alex White

Tel: 020 7653 9850

 

 

@UK PLC

 

@UK is Europe's leading Cloud Platform with over 1 million users, which is used for Universities' and Colleges' procurement along with Local Authority, Schools and other Government and Private sector procurement.

 

The GeM marketplace for Universities on Colleges is the only card based national marketplace in the world and was successfully delivered for the 800 Universities and Colleges and the 680 National Suppliers, proving that Cloud Ecommerce delivers large complex projects for Government on time and budget.

 

Richard Benyon MP Minster for the Natural Environment, launched the @UK Green Ecommerce Marketplace back in October 2010, and it is now the largest repository of product carbon footprints in the World.

 

@UK was used by the National Audit Office to identify over £500 million in savings for 25% of NHS spend. The ground breaking SpendInsight system used to identify the savings resulted in the award of 2 PhD's in artificial intelligence.

 

@UK delivers key government commitments of Savings Sustainability, and SME Inclusion along with support for start-ups. @UK PLC has now created over 200,000 start up businesses and recently launched a new Cloud-Start-Up.com service to provide a complete suite of cloud business software to start-ups along with the essentials of Limited Company, Bank Account, Domain Name, Email, Ecommerce, Accounting system and membership of the @UK business club.

 

This has been followed by the announcement of the 2012StartUp.com campaign, which is supported by the AIM market of the London Stock Exchange, the Forum of Private Business, and Software Industry Association BASDA. The campaign aims for a 27% growth of 100,000 start up companies and growth for existing businesses. It is a practical campaign that will result in companies being formed and growing through @UK's technology.

 

@UK has 6 key competitive advantages

 

·; SpendInsight uses unique artificial intelligence to automatically identify savings and is available on a national framework contract

·; Ecommerce Marketplace realises the savings through correct pricing vs catalogue marketplaces which are unable to support carriage, or complex pricing

·; GreenInsight provides unique sustainability analysis and

·; Hybrid Carbon Footprints enabling universal carbon footprints at a price break through of £4 per item

·; High performance cloud technology underpinning the system

·; Start up service allowing start ups to immediately start trading

 

These services are all immediately available to public sector bodies via the G-Cloud framework where @UK is a provider of services in all 4 lots (IaaS, PaaS, SaaS and other services).

 

@UK is included in the Software and Computer Services Sector (9530).

 

For further information please visit the @UK PLC websites

Investor Site http://www.uk-plc.net/invest 

Main Site http://www.uk-plc.net 

SpendInsight Site http://www.spendinsight.com 

GreenInsight Site http://www.green-insight.com 

Hybrid Carbon Footprint Site http://www.hybridcarbonfootprint.com 

Cloud-Start-Up.com http://cstartup.com 

2012StartUp.com http://www.2012Startup.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAVZLFFLLFLFBL
Date   Source Headline
12th Jan 201112:57 pmRNSDirector's Dealing
12th Jan 20119:57 amRNSIssue of Equity
22nd Dec 20102:15 pmRNSDirector's Dealing
22nd Dec 20107:00 amRNSCarbon footprint service update
3rd Dec 201012:03 pmRNSResult of AGM
8th Nov 20104:19 pmRNSNotice of AGM
14th Oct 20105:39 pmRNSIssue of Share Options
7th Oct 20107:00 amRNSContract Win
1st Oct 20107:00 amRNSTotal Voting Rights
30th Sep 20107:00 amRNS@UK Plc and CenSA Collaboration Agreement
27th Sep 20105:45 pmRNSGreen Marketplace website launch update
16th Sep 20104:19 pmRNSIssue of Equity
15th Sep 20107:00 amRNSNew Website and Google Promotion
14th Sep 201010:43 amRNSDirector's Dealing
31st Aug 20104:38 pmRNSPlacing of New Ordinary Shares
31st Aug 201012:11 pmRNSProposed Placing of New Ordinary Shares
27th Jul 201012:57 pmRNSHalf Yearly Report
29th Jun 20107:00 amRNSReport and Accounts and Notice of AGM
4th Jan 20105:58 pmRNSDirector's Dealing
2nd Dec 20097:00 amRNSBusiness Update- PaaS
15th Sep 200912:11 pmRNSShare Options
28th Aug 20097:00 amRNSShare Options
12th Aug 20097:00 amRNSUnaudited Interim Results
29th May 200912:26 pmRNSResult of AGM
29th May 200910:41 amRNSTotal Voting Rights
7th May 20095:06 pmRNSIssue of Equity
24th Apr 20097:00 amRNSIssue of Equity
20th Apr 200910:39 amRNSAnnual Report and Accounts
20th Apr 20097:00 amRNSNew Business Initiative
12th Feb 20097:00 amRNSTrading Statement
24th Dec 200810:36 amRNSResult of General Meeting
28th Nov 20086:15 pmRNSNotice of General Meeting
10th Oct 20087:00 amRNSContract Win
1st Oct 20087:00 amRNSDirectorate Change
23rd Sep 20087:00 amRNSInterim Results
18th Jul 20087:00 amRNSChange of Adviser
30th May 20081:08 pmRNSResult of AGM
31st Mar 20087:01 amRNSPreliminary Results
1st Feb 20087:00 amRNSTrading Statement
9th Oct 20077:00 amRNSContract Win Update
28th Sep 20077:02 amRNSInterim Results
9th Aug 200711:34 amRNSAmend - Company Website
8th Aug 20073:55 pmRNSCompany Website
1st Aug 20077:01 amRNSTrading update
24th May 20071:30 pmRNSAGM Statement
24th May 20077:01 amRNSAGM Statement
4th Apr 200712:17 pmRNSTotal Voting Rights
30th Mar 20071:41 pmRNSAdditional Listing
28th Mar 20077:02 amRNSPreliminary Results
23rd Mar 20075:05 pmRNSNotice of Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.