Foresight Group Holdings Regulatory News (FSG)

30 Jul 2008 07:00



Focus Solutions Group plc 

('Focus' or 'the Group')

Annual General Meeting - Statement

Focus Solutions Group plc (AIM: FSG), a leading supplier of enterprise solutions to the financial services industry, is today holding its Annual General Meeting, at which the Chairman, Alastair Taylor, will make the following statement:

"Focus has had a very encouraging start to the current financial year with our financial performance to date significantly ahead of the same period last year. Despite wider market conditions we have not seen any deterioration in new business enquiries, and remain confident that the underlying requirement for our customer base to comply with regulatory requirements at all times, irrespective of short term market conditions, will continue to drive the business forward.  We expect the business to perform in line with market expectations for the year as a whole.

We continue to pursue the appropriate legal framework to ensure that the company is able to pay a dividend in the future. 

The official launch of focus:360° in May was particularly successful and the company now leads the market with its whole of office and extranet solutions. 

The Group's intention is to be recognised as the leading provider of front office solutions to the UK financial services market and the Board has a clear strategy for both organic and non-organic growth to achieve this."

ENDS

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Notes to editors:-

About Focus Solutions Group plc

Focus Solutions is an established and proven supplier of enterprise solutions to the financial services industry in both the UK and Ireland. Focus has an unrivalled reputation, based upon vast experience, domain knowledge and technical expertise in delivering successful market leading sales automation solutions to some of the foremost financial institutions, providing a benchmark by which other vendors are judged.

Focus offers organisations an integrated whole office solution through a single technology platform - focus:360˚. A suite of modular, configurable components that provides a complete end to end technology solution for financial services distributors, combining front office solutions with sales process and support tools and back office capability - a first for the industry!

Focus has a successful track record of implementing multi-channel solutions across a broad range of financial services products to thousands of end users, enabling client's to concentrate on their core business - providing quality, compliant financial advice.

For further information on Focus, please visit www.focus-solutions.co.uk.