11 Dec 2014 07:00
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I S Solutions Plc
(the "Company")
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Contract win
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In the Company's 2014 Half-yearly report released on 29 September, it referenced in its outlook, "a major Analytics contract which, if closed would enhance our second half performance."
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The Board is pleased to update shareholders that final stage negotiations have now been successfully concluded with the major financial services business; the awarded contract which is initially for five years, will take effect on the date of signing which currently is envisaged to take place next week.
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It is expected that a significant proportion of income from this contract will be delivered in this financial year. The business also has a number of exciting opportunities within its pipeline; this together with recent business wins and a number of projects coming back on stream bodes well for the future.
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ENQUIRIES | ||
IS Solutions Plc John Lythall, Managing Director Tel: +44 (0) 1932 893333 | FinnCap Nominated Broker & Adviser Ed Frisby/Simon Hicks - Corporate Finance Stephen Norcross - Corporate Broking Tel: +44 (0) 207 220 0500 | TooleyStreet Communications Ltd IR & Media Relations Fiona Tooley, Director Tel: +44 (0) 7785 703523 |
Editor's Note IS Solutions is a systems integrator and value-added reseller focused on three web-related areas - portals, content/document management, with specialities in business intelligence and 'big data' analytics. Based in Sunbury-on-Thames, the Group was founded in 1985 and became a listed PLC 1997. The business currently employs 100 staff, including 18 in Chennai, India, who provide product development and support. It also has a strong blue-chip client base which includes Toyota, Toshiba as well the AA, NHS, KBC Bank, Compare The Market™, URENCO, HMRC, M&S and RBS. |  Ticker: AIM: ISL Accreditation: ISO27001 E-mail: moreinfo@issolutions.co.uk Website: www.issolutions.co.uk Follow us  www.linkedin.com/company/issolutions | |
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