Foresight Group Holdings Regulatory News (FSG)

21 Oct 2005 07:00

Focus Solutions Group PLC21 October 2005 21 October 2005 Focus Solutions Group plc ("Focus" or "the Group") Home of Choice extends existing Focus contract Focus, a leading provider of customer management solutions to the financialservices market, has today announced that it has extended its contract with newmortgage network, Home of Choice ("HoC"). This follows an RNS announcement made on the 29th September 2005 for thedevelopment of an online solution to enable HoC to recruit, register and supportnew mortgage advisers for the network. The HoC contract is now worth an additional £238,000, taking the contract valueto £927,000. The additional revenue was derived from extending the functionalityof the HoC solution in the first phase of the project. Keith Baldwin, Chief Executive, Home of Choice commented: "The additional work completed by Focus will add measurable value to our networkmembers and we are delighted with our new technology solution. We now have anadviser offering that provides significant competitive differentiation in themarket place and expect to over achieve our target in terms of the number ofadvisers we recruit by the end of 2005." John Streets, Chief Executive, Focus Solutions Group added; "We are delighted that Home of Choice has extended its contract, strengtheningour business relationship further. Home of Choice is an excellent example of anorganisation that values the importance of technology to create differentiationin a very competitive market maximising their efficiency and it is now reapingthe business benefits. -END- Enquiries: Focus Solutions Group plc01926 468300 John Streets - Chief ExecutiveMartin Clements - Finance Director Seymour Pierce Limited0207 107 8000 Mark Percy Notes to editors: About Focus Solutions Group plc Focus is a leading provider of customer management solutions for the financialservices industry. Focus' MCA (Multi-Channel Advice) approach, powered by goal:technology, delivers the life, pensions, mortgage and general insurance marketswith a single solution to enable effective electronic trading across multipledistribution channels, online or offline, achieving straight through electronictrading at a much reduced cost to the financial services industry. Focus has a blue chip customer base of financial services organisationsincluding Abbey for Intermediaries, Assurant Solutions, Barclays Bank PLC,Capital Home Loans Ltd, Home of Choice, Mortgages plc, Norwich Union,Paymentshield, Prudential, Scottish Equitable, Scottish Widows, Skandia UKGroup, Standard Life and Zurich, as well as industry portals, includingAssureweb, The Exchange, IFAengine, Trigold and Webline. For further information on Focus, please visit www.focus-solutions.co.uk. This information is provided by RNS The company news service from the London Stock Exchange