Foresight Group Holdings Regulatory News (FSG)

21 Dec 2006 13:44

Focus Solutions Group PLC21 December 2006 Focus Solutions Group plc ("Focus" or "the Group") Focus signs major contract with first Irish client Focus has signed a major contract with its first customer in the Irish market,Irish Life plc, part of the Irish Life & Permanent group of companies. The contract is for the delivery of an electronic Point of Sale solution for thesale of life, pensions, protection, savings and investment products. This is amajor contract for Focus and includes ongoing support and maintenance. The new POS solution will be rolled out to around 600 Irish Life Consultants inJune 2007. Donal Wood, Retail IT Distribution Manager, Irish Life, comments: "Focus has a proven track record of successfully delivering Point of Salesolutions within the UK market. Their technology met our requirements to developand deliver a flexible solution to market in tight timescales, to maintain ourcompetitive edge. Focus' knowledge and business expertise within the financialservices market and the cultural fit of our respective organisations made Focusthe preferred supplier for this project." Richard Stevenson, Chief Executive, Focus Solutions Group plc added: "This new contract is of great strategic importance to Focus, as this is ourfirst major overseas contract win and our first customer in Ireland. Thiscontract establishes Focus as a credible supplier of strategic businesssolutions to the financial services market in Ireland. Moreover it provides uswith an excellent reference with an established local institution and theplatform to develop an exciting new revenue stream for the Company." -END- Enquiries: Focus Solutions Group plc01926 468300 Richard Stevenson - Chief ExecutiveMartin Clements - Finance Director Seymour Pierce Limited0207 107 8000Mark Percy Notes to editors: About Focus Solutions Group plc Focus is an established supplier of easily configured & re-usable componentbased software & business services, which enable faster, more effective & costefficient processing of complex customer transactions. Focus has helped some of the world's leading public & private sectororganisations to successfully automate their most demanding customer processes. 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