eg Solutions PLC Regulatory News (EGS)

21 Dec 2007 17:17

EG Solutions plc21 December 2007 Issued by Golley Slater Date: (Friday 21st December 2007) The issuer has made the following amendment to the "Significant New Contract Win" announcement released 21 December 2007 at 14:16 under RNS number 5349K. The financial year end is 31 January 2008, and not 31 December 2007 aspreviously stated. Also Elizabeth Gooch is Chief Executive Officer and notChief Operating Officer, as previously stated. A full corrected version of theannouncement is set out below: Immediate Release eg solutions plc Significant New Contract Win IT software and services company, eg solutions plc ('the Company'), is todaypleased to announce a significant new contract win with a major UK life &pensions company. The company will provide the new version of it's eg operational intelligencesoftware, launched in April this year, together with the eg principles ofoperational management. The contract is worth circa £850,000 of revenue, the majority of revenue will berecognised in financial year 2008. eg solutions plc will further update shareholders on this significantdevelopment and on the Company's expected overall trading performance in aTrading Update announcement for the financial year ending 31 January 2008. Thisis likely to be issued in mid-January 2008. Commenting on this significant contract win Elizabeth Gooch, Chief ExecutiveOfficer said: "Following an arduous trading year where we have been concentrating on reducingcosts and strengthening the fundamentals of our business, we are delighted tohave secured such a significant new contract" "The contract is an important development for eg solutions plc within our coreUK markets. It further demonstrates our continued focus and commitment to ourhome market whilst we also concentrate on our international expansion." Enquiries: Paul Bird Richard Evans Katie DaleFinance Director Director Corporate Finance Head of Financial PReg solutions plc Brewin Dolphin Ltd (Nominated Adviser) Golley SlaterTel: 01785 715772 Tel: 0161 214 5553 Tel: 0121 384 9743www.eguk.co.uk Mobile: 07918 716 754 -2- Notes to Editors eg is the leading provider of Operations Management solutions that provide rapidperformance improvements in Customer Service Delivery. Operations Management improvements are achieved through the deployment of eg'stwo core products/services: • the eg operational intelligence(R) software suite and • eg operational management(R) training and development for Managers and Team Leaders based on tried, tested and proven methodologies taken from industry eg's software package eg operational intelligence(R) (including eg work manager(R)) has been developed and refined over the last 15 years and providescomprehensive, real-time work, resource and performance management information.It enables clients to gather information about the key factors affectingperformance, and, using eg's operational management techniques, identifyappropriate decisions and implement actions that improve efficiency, CustomerService and reduce cost. The two solutions enable eg's clients to double their productivity anddramatically improve customer service performance almost immediately and eg willguarantee the results that can be achieved. It also forms a foundation forcontinuous improvements in subsequent years. This information is provided by RNS The company news service from the London Stock Exchange