2 Nov 2010 07:00
IMMEDIATE RELEASE | 2 November 2010 |
eg solutions plc
NEW CONTRACT WIN
eg solutions plc ("eg" or "the Company"; LSE-AIM: EGS), the back office optimisation software company, announces today that it has signed a sales contract valued at approximately £750,000, of which over two thirds is expected to be recognised in the Company's current financial year, ending 31 January 2011. The contract is with an existing customer, one of South Africa's leading investment administration companies which provides outsourced healthcare services.
The initial implementation was undertaken in their Medical Aid offices in Braamfontein. This new contract will be undertaken in the Pretoria office which administers South Africa's Police Medical Aid Scheme. eg operational intelligence® will be implemented for a further 300 users.
Elizabeth Gooch, Chief Executive Officer, commented: "This contract win extends the use of our solutions in one of South Africa's leading outsourcing companies. The initial implementation, started in October 2009, delivered 32% cost benefit which the client was keen to extend to other areas of their business."
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CONTACTS
eg solutions plc | 01785-715772 |
Elizabeth Gooch, Chief Executive Officer | www.eguk.co.uk |
Bankside | 020-7367-8888 |
Simon Bloomfield | |
Arbuthnot Securities Limited | 020-7012-2000 |
Tom Griffiths |
About eg solutions plc
eg solutions plc is a global back office optimisation software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.
The Company, which is listed on the Alternative Investment Market ('AIM') of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.