Foresight Group Holdings Regulatory News (FSG)

23 Jul 2007 07:00

Focus Solutions Group PLC23 July 2007 23rd July 2007 Focus Solutions Group plc ("Focus" or "the Group") HSBC Bank plc signs contract extension worth £322,000 with Focus Focus Solutions Group plc (AIM: FSG), is pleased to announce the signing of acontract extension with HSBC Bank plc. This contract, worth £322,000, relates to consultancy services, which will becarried out in FY2008, to assist in the scoping and analysis of requirements forthe second half of a major new project being undertaken by the Bank. Focus is already developing a multi-channel sales support system to supportHSBC's multi-tie distribution channel for life, pensions and investmentproducts. This scoping exercise will extend the Point of Sale solution toinclude the IFA sales process, commercial planning and offline working. Helen Roberts, Business Programme Manager, HSBC Bank plc commented: "Focus' experience in delivering successful sales process technology and clearapproach gives us the confidence to invest further in delivering the next stageof this complex program. This is a major project for the bank and we required apartner that we could trust, would deliver on time and provide us with the righttools for the job." Richard Stevenson, Chief Executive, Focus Solutions Group plc added: "The Bancassurance market is a growing sector for Focus. This new contract forconsulting services with an existing client demonstrates HSBC's commitment toour partnership. The ability of our solutions to add significant business valueto them through being deployed in a number of different channels. "Our proven technology is providing large blue chip organisations with aflexible, cost effective sales process that improves the customer experience andbenefits the bank and its advisers. The contract underpins our expectations forthe current year." END Enquiries: Focus Solutions Group plc 01926 468300Richard Stevenson - Chief ExecutiveMartin Clements - Finance Director Seymour Pierce LimitedMark Percy 0207 107 8000 SmithfieldTania Wild/Reg Hoare 0207 360 4900 Notes to editors: About Focus Solutions Group plc Focus is an established supplier of easily configured and re-usable componentbased software and 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