Last checked at 5 Sep 2011 14:05
5 September 2011
Dillistone Group Plc
("Dillistone" or the "Company")
Significant extension to supply contract in Germany
Dillistone, the AIM quoted supplier of recruitment software, is pleased to announce an extension to an existing contract with the German operation of an international recruitment firm with offices in around 25 countries. The contracts won during 2011 incorporate licences, implementation services and annual support for approximately 100 FileFinder software licences. The most recent contract was signed on 2 September 2011.
The licence and implementation elements of the contract (including the extension signed on 2 September 2011) which total approximately €120,000 are likely to be realised in this financial year, as will a proportion of the support contract which totals approximately €30,000 per annum.
The Company confirms that it remains confident of achieving current market expectations for the year.
Commenting on the contract, Jason Starr, Managing Director of Dillistone, said:
"This contract extension is a significant endorsement of both the FileFinder software and our client support services. It additionally illustrates the confidence within our client base despite the broader economic conditions."
Contacts:
Mike Love (Chairman) Dillistone Group Plc 020 7749 6100
Jason Starr (Managing Director) Dillistone Group Plc 020 7749 6100
Julie Pomeroy (Finance Director) Dillistone Group Plc 020 7749 6100
Emily Staples / Derek Crowhurst Religare Capital Markets (UK) Ltd 020 7444 0800
Tom Cooper/Paul Vann Winningtons Financial PR 020 3176 4722
0797 122 1972
tom.cooper@winningtons.co.uk
Notes to Editors:
Dillistone Group Plc is a leader in the supply and support of recruitment software to the search and selection market. Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.
Dillistone develops, publishes and supports FileFinder, its executive recruitment software, for recruitment companies and in-house recruitment teams. FileFinder is unique in providing tailored workflow and 24 hour support for global users, to mirror the profile and demands of an executive search assignment. FileFinder has been adopted by more than 1,000 companies in more than 60 countries.