Foresightgr Regulatory News (FSG)

6 Apr 2005 08:53

Focus Solutions Group PLC06 April 2005 6th April 2005 Focus Solutions Group plc Major contract win and trading update Focus Solutions Group plc ("Focus") is pleased to announce it has won a contractwith Zurich Financial Services Group to build a new Point of Sale solution. The initial contract is worth £1.7m, including a five-year contract for licence,support and maintenance fees. Focus expects to report a break-even position plus or minus £50,000 for thefinancial year ended 31 March 2005. This is a substantial improvement on lastyear's loss before taxation of £382,000. - end - Enquiries: Focus Solutions Group plc01926 468300 John Streets - Chief ExecutiveMartin Clements - Finance Director Notes to editors: About Focus Solutions Group plc Focus Solutions Group plc is a leading provider of customer management solutionsfor the financial services industry. Focus' MCA (Multi-Channel Advice) approach,powered by goal:technology, delivers the life and pensions and mortgage marketwith 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, Kensington Mortgages, Legal & General,Mortgages plc, Norwich Union, Paymentshield, Prudential, Scottish Equitable,Scottish Widows, Skandia UK Group, Standard Life, Winterthur and Zurich, as wellas industry portals, including Assureweb, The Exchange, IFAengine, Trigold andWebline. For further information on Focus Solutions, please visit www.focus-solutions.co.uk. This information is provided by RNS The company news service from the London Stock Exchange