PHD.L Regulatory News (PHD)

PROACTIS Holdings PLC

Awarded GCloud V Framework Agreement

PROACTIS Holdings PLC ("PROACTIS", the "Company" or "the Group), the specialist Spend Control solution provider, is pleased to announce that it has been awarded the latest Government GCloud V Framework, enabling it to deliver cost effective Spend Control and eProcurement solutions directly to Government, Health and Education organisations.

The UK Government GCloud is a supplier framework specialising in IT services using Cloud computing. Under a Government run 'Cloud First' policy, public sector organisations have been issued with a mandatory requirement to fully evaluate Cloud solutions before other technology solutions. PROACTIS was chosen to join the framework following a stringent due diligence process evaluating the Group's offering, expertise and pricing.

PROACTIS has been delivering cloud-based spend control and e-procurement solutions since 2000 and already helps over 200 Public Sector organisations, controlling over £15bn of public spending across a vast number of suppliers to reduce costs, increase efficiencies and mitigate supplier risk.

Rod Jones, CEO of PROACTIS Holdings commented:

"I am very pleased to announce our newly awarded position on the framework, which illustrates the strength and effectiveness of our Cloud based software solutions and supports our organic growth strategy. We are proud to be the largest independent solution provider to the UK Public Sector, and look forward to assisting our customers as they continue to drive efficiencies, reduce costs and mitigate risk in their procurement processes."

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Notes to Editors:

PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is used in over 400 organisations around the world from the commercial, public and not-for-profit sectors.

PROACTIS is head quartered in Wetherby, West Yorkshire. It develops its own software using an in-house team of developers and sells through both direct and indirect channels via a number of Accredited Channel Partners.

PROACTIS floated on the AIM market of the London Stock Exchange in June 2006.

CLOUD COMPUTING is defined as location-independent computing, whereby shared servers provide resources, software, and data to computers and other devices on demand, as with the electricity grid.