Corero Network Regulatory News (CNS)

26 Sep 2006 07:02

Mondas PLC26 September 2006 RNS Release Embargoed until 07.00 on 26 September 2006 Mondas plc ("Mondas") Mondas signs Charles Stanley Securities for Blue Curve. Mondas, the AIM listed Financial Markets software specialist has secured anorder to supply Charles Stanley Securities ("Charles Stanley") with its marketleading Blue Curve research management software solution. The contract is forthe supply of licences, professional services, hosting and support fees, where,subject to acceptance, the majority of the licence and services revenues willfall in this financial year. Mondas will provide Charles Stanley with the majority of Blue Curve's modules,consisting of its insight, create, process and reach products that willfacilitate the production and distribution of Charles Stanley research products.In addition, this is the first time that Mondas will provide a fully managedhosting service in the UK which is expected to reduce the operational cost andallow the software to be used over the Internet. Charles Stanley expects the software to allow them to improve customer service,gain significant production efficiencies and to quickly expand the range andcomplexity of their research offerings. By opting for Blue Curve's managedservices they also expect that the operational risk and operational costs ofrunning such a system will be relatively low. The project will begin immediately with a phased approach, the first of which isdue to go live at the end of this year. "I am delighted that Charles Stanley Securities has selected Mondas for thisvery important project." said Jarlath McGee, Chief Executive of Mondas. "Onceagain Blue Curve has proven to be the product of choice for improving theoperational processes of a large financial institution and underlines the widemarket appeal of this product." Richard Hickinbotham, Head of Equities at Charles Stanley Securities said"Having worked with Mark and his team at a previous firm, I have first handexperience of Blue Curve and the benefits it can bring. At Charles Stanley weintend to improve significantly the breadth and depth of the research service weoffer our clients. Having a reliable and effective software platform in placewill be a major step towards achieving that goal. " Mark Robertson, Director, Mondas Financial Markets Division commented: "I ampersonally very pleased that a former client has once again placed his trust inBlue Curve. We look forward to working with Charles Stanley to build and operatea highly efficient research production platform that will bring them significantoperational benefits." ENQUIRIES: Mondas PLC Tel: 020 7392 1300Jarlath McGee College Hill Tel: 020 7457 2020Alex WaltersMatthew Smallwood Mondas Plc: Mondas' Financial Markets Division focuses on delivering asset-servicingsolutions for global corporate actions processing, financial research and clientreporting and the management of new issues and placings. Its key productsinclude Radica CAPS, Signal and Venture and the Blue Curve suite of products. Blue Curve: Blue Curve, founded in 1995 and acquired by Mondas in 2006, designs, builds anddeploys enterprise solutions that improve the production and distribution ofcomplex financial documents. The Blue Curve product is the recognised leader insoftware applications that improve the production and distribution of investmentresearch. For more information, see http://www.bluecurve.net Charles Stanley Securities: Charles Stanley Securities specialises in providing comprehensive, high quality,advisory and broking services exclusively to growing smaller and mid-cap. UK-listed companies. Their services encompass corporate advisory, equity research,equity sales, sales trading and investor relations. This information is provided by RNS The company news service from the London Stock Exchange