Foresightgr Regulatory News (FSG)

30 Oct 2006 13:50

Focus Solutions Group PLC30 October 2006 Focus Solutions Group plc ("Focus" or "the Group") Focus signs new contract Focus, a leading provider of adaptive software solutions, has signed an initiallicence contract, worth £60,000, with the UK subsidiary of a major US providerof Life, Pensions and Investment products for the use of Focus' technology. Thiscontract follows the award of an initial consultancy contract earlier thisfinancial year. It is expected that this will lead to a further significant contract for thedelivery of an extranet solution that will provide support for financialadvisers selling and servicing retirement products. This solution is expected tobe rolled out to a controlled number of advisers from Q1 2007. Richard Stevenson, Chief Executive, Focus Solutions Group plc added: "The supply of software to this new client provides further proof of Focus'industry leading position. We are looking forward to working with this clientover the next few months helping to further define their requirements." -END- Enquiries: Focus Solutions Group plc01926 468300 Richard Stevenson - Chief ExecutiveMartin Clements - Finance Director Seymour Pierce Limited0207 107 8000 Mark 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