Last checked at 22 Sep 2010 07:00
| Press Release | 22 September 2010 |
Focus Solutions Group plc
("Focus Solutions" or the "Group")
Two significant contract wins for training software
Focus Solutions Group plc (AIM:FSG), a leading provider of multi-channel distribution software to the global financial services industry, is pleased to announce that it has signed two new contracts worth over £500,000 in aggregate; one with a leading provider of accident and health insurance and the second with one of the UK's largest providers of free debt solutions.
In each case the contract relates to a four year enterprise licence for focus:progress1, the employee development module within focus:360° - Focus Solutions' multi-channel distribution product.
focus:progress will be rolled out to over 3,500 users in total across the two organisations and will enable them to manage the ongoing training and development of their employees as well as demonstrate that the individuals are competent for the roles that they undertake.
Commenting on the contract wins, Richard Stevenson, CEO of Focus Solutions said: "Following our acquisition of The Coaching Platform in December 2008, these are the largest contract wins to date for our employee development product, focus:progress. The focus:progress product offering generates greater client reach, increasing the Group's product and customer diversity.
"focus:progress is a key component in the focus:360° product suite. It can be taken as a standalone product for non-enterprise financial services clients or as a fully integrated module within focus:360°, acting as an entry point to further up-sell the rest of the platform solution."
1 focus:progress was previously branded as TestMeOnline, the online testing solution for financial services professionals.
- Ends -
| For further information: |
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| Focus Solutions Group plc |
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| Richard Stevenson, Chief Executive | Tel: +44 (0) 1926 468300 |
| Martin Clements, Finance Director | www.focus-solutions.co.uk |
| finnCap |
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| Marc Young / Charlotte Stranner | Tel: +44 (0) 20 7600 1658 |
| Simon Starr (broking) |
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| www.finncap.com |
| Media enquiries: |
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| Abchurch |
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| Heather Salmond / Joanne Shears / Mark Dixon | Tel: +44 (0) 20 7398 7709 |
| Joanne.shears@abchurch-group.com | www.abchurch-group.com |
Notes to editors:
About Focus Solutions Group plc
Focus Solutions is an established and proven supplier of multi-channel distribution software to the global financial services industry.
Focus has delivered over 100 complex front office projects with multiple integration points and partners to a blue chip client base including 8 out of the top 10 UK Life & Pension providers, a number of leading bancassurers including the likes of HSBC and Irish Life, significant wealth management players such as St James's Place and a number of mortgage providers. The technology truly enables straight through processing whilst providing an engaging client and adviser experience to submit and service business electronically.
focus:360° is at the core of all client implementations providing a single, agile, multi-channel technology platform. Focus has brought together three key areas of expertise: software, consultancy and service delivery. This totally integrated approach means clients can distribute any product across any channel. At the same time they can maintain an enterprise-wide view of the customer value and risk.
For further information on Focus, please visit www.focus-solutions.co.uk