K3 Business Technology Group Regulatory News (KBT)

6 Nov 2007 07:01

K3 Business Technology Group PLC06 November 2007 KBT.L K3 BUSINESS TECHNOLOGY GROUP PLC ('K3') Announces Further Contract Wins in Manufacturing Software Division worth £0.5 million K3, the IT solutions provider for mid-tier retailers and manufacturers, ispleased to announce that its Manufacturing Software Division has recentlysecured further new contracts worth approximately £0.5 million in total. The new business contracts include significant orders from Door Panels PLC,Europe's largest manufacturer of door infill panels for the double glazingindustry, and Limpet Tapes Limited who manufacture and distribute a wide rangeof tapes for many market sectors. K3 will be implementing the SYSPRO range of Microsoft-based Enterprise ResourcePlanning ("ERP") software, which is specifically tailored for the manufacturingsector. The software provides mid-range manufacturers with a complete enterpriseresource planning solution, enabling them to manage and control themanufacturing process as well as the financial and distributions functions. Andy Makeham, K3's Chief Executive, commented, "We are delighted to announce these further new wins for our ManufacturingSoftware Division. Some of these orders are the result of recent initiatives tobreak into new sectors and the fact that we are now winning business in newmarkets says a great deal about the strength of our offering, boding well forthe future. These new orders take the total value of new contracts securedduring the second half by the Manufacturing Software Division alone to £1.85m. With a strong pipeline in both our Manufacturing and Retail Divisions, prospectsfor the year end and beyond remain encouraging." Enquiries: K3 Andy Makeham, Chief Executive T: 01282 864 111 Biddicks Katie Tzouliadis/Sophie Lane T: 020 7448 1000 Daniel Stewart Paul Shackleton T: 020 7776 6550 This information is provided by RNS The company news service from the London Stock Exchange