SSY.L Regulatory News (SSY)

2 Mar 2005 14:30

CODASciSys PLC02 March 2005 CODASciSys plc Global Strategic Alliance between the CODA Division and Microsoft CODASciSys plc ("CODASciSys", stock code: CSY), the IT software and servicesprovider, announces a Global Strategic Alliance between the CODA Division andMicrosoft. CODASciSys is today announcing a multi-year alliance between CODA and Microsoftto deliver a range of financial accounting, management, analysis and controlsolutions that take full advantage of the Microsoft platform. In addition to its existing line of financial management products for theMicrosoft platform, CODA's next generation of analysis and business processcontrol solutions will be built using the latest Microsoft .NET technology. Thealliance will deliver solutions that allow enterprises to control changingbusiness dynamics and realize greater value from their financial investments. Whilst the terms of the agreement cannot be disclosed, the alliance will seeMicrosoft and CODA jointly committing to an extensive, multi-year programme ofsales and marketing activities worldwide, in addition to the engagement betweenthe development operations of the two organizations. The first new productresulting from the partnership is due for general release in the second half of2005. Graham Steinsberg, CODASciSys Group CEO, said: " We are delighted with thealliance which should deliver an ever-increasing competitive advantage to ourenterprise customers." ----------------------------------- Ends -------------------------------------- For further information please contact: Graham Steinsberg, Group Chief Executive Officer, CODASciSysTelephone 01249 466466 E-mail: investorrelations@codascisys.co.uk Barrie Newton, Rowan DartingtonTelephone 0117 933 0011 Background Information The CODASciSys Group The CODASciSys Group, based in the UK, provides IT services and businesssolutions to a broad, worldwide base of clients. It comprises two maindivisions, the CODA Division (CODA) and the SciSys Division (SciSys), and iscommitted to delivering quality services, solutions and consultancy that deliverreal business benefits. CODA is focused on the delivery of financial intelligence through solutionsbased around financial analytics and accounting. SciSys concentrates ondelivering professional software services and on designing and building systemsthat incorporate third party packaged software. Each Division addresses well defined markets and together they serve a largeinternational client base. The Group supplies solutions that include financialaccounting and intelligence systems, management information systems andreal-time control systems. It supplies services that include consultancy,project management, system design, implementation and support and maintenance. The market sectors in which the Divisions operate include Utilities, Defence,Government, Communications, Retail, Business Services, Space, Transport, Bankingand Insurance. Clients are typically blue chip organisations, and largegovernment or quasi-government institutions. Within the UK, the Group has offices in Chippenham, Harrogate, Bristol, Readingand Nottingham. It services clients internationally through a network of directoffices in North America, The Netherlands, Belgium, Germany, Singapore, Malaysiaand Australia and partners throughout the rest of the world. This information is provided by RNS The company news service from the London Stock Exchange