Parity Regulatory News (PTY)

18 Dec 2006 07:01

Parity Group PLC18 December 2006 Under embargo until 7.00am 18 December 2006 Parity Group PLC Contract Win Parity Awarded Systems Integration Contract by Northern Ireland Electricity Parity Group PLC, the UK IT services group, has been awarded a partnership dealwith Northern Ireland Electricity (NIE), valued at more than £10M, in relationto the developing competitive electricity markets across the island of Ireland.Parity will primarily provide Programme Management and System Integration, basedupon their ability to design, build, test and support changes to NIE's existingsystem. Northern Ireland Electricity, part of Viridian plc, provides electricityservices to around 760,000 customers in the domestic and small business marketsin Northern Ireland. The requirement is complex and also involves the managementof multiple substantial sub-contractors. Parity bid for this contract within aconsortium comprising Engage Consulting and St Clements Services. Alwyn Welch, Parity Chief Executive, commented: "This is an important contract win for Parity's Solutions business as well asour growing operation in Northern Ireland. Our turnaround continues on course asindicated in September and this win will underpin the Solutions businessperformance next year." ENDS Enquiries: Parity Group PLC 020 7832 3500John Hughes, ChairmanAlwyn Welch, Chief Executive Officer The Hogarth Partnership 020 7357 9477John Olsen/Sarah Richardson Notes to editors: Parity Group PLC is a UK-focused IT services company, operating via three corebusiness units - Parity Resources, Parity Solutions and Parity Training. Parity Resources is a leading IT recruitment specialist, with over 30 yearsexperience in providing permanent and contract technology staff, temporary staffand managed recruitment services across all markets. Parity Solutions specialises in providing IT, Projects and Consulting, usingleading edge technologies and drawing upon the depth of experience of itsconsultants in Programme and Project Management. Parity Training is one of the UK's leading Management and IT training providers.In addition to a comprehensive schedule of public courses, Parity deliverstailored learning solutions and customised programmes for major clients. Parity is listed on the London Stock Exchange, with a ticker of PTY.LN. This information is provided by RNS The company news service from the London Stock Exchange