K3 Business Technology Group Regulatory News (KBT)

10 Dec 2007 07:01

K3 Business Technology Group PLC10 December 2007 KBT.L 10 December 2007 K3 BUSINESS TECHNOLOGY GROUP PLC ('K3') Announces Retail Software Division Secures Multi-Channel Contract worth £1.3 million K3, the IT solutions provider for mid-tier retailers and manufacturers, isdelighted to announce that its Retail Software Division has secured amulti-channel contract worth approximately £1.3 million with The White Company,the luxury home accessories retailer. The contract is significant both in termsof its value and because it represents K3's first large scale 'multi-channel'retail sale. The implementation of K3's Microsoft Dynamics based retail solution will help tounderpin the ongoing growth of The White Company. The company is one of the UK'sfastest growing multi-channel retail companies, with 17 retail stores andconcessions in the UK and two franchises in Dubai and successful website andmail order operations. K3's retail software provides a completely integrated solution supporting thehead office, mail order, website and retail stores. By using the same technologyacross the business, The White Company will be provided with an integrateddatabase enabling it to access a complete and up-to-the-minute view of itsbusiness. Andy Makeham, K3's Chief Executive, commented, "We are delighted to win this contract. Multi-channel is a fast growing retailmarket and The White Company, as one of the leading multi-channel retailers,represents an exciting win for K3. Not only does this represent excellent progress in our strategy to targetmulti-channel retailers but this will undoubtedly be one of the most extensiveand comprehensive Microsoft Retail Dynamics implementations undertaken to date,making it a flagship implementation for K3." Enquiries: K3 Andy Makeham, Chief Executive T: 01282 864 111 David Bolton, Chief Finance Officer Biddicks Katie Tzouliadis/Sophie Lane T: 020 7448 1000 Daniel Stewart Paul Shackleton T: 020 7776 6550(NOMAD) This information is provided by RNS The company news service from the London Stock Exchange