New Contract Win

21 Nov 2006 07:01

K3 Business Technology Group PLC21 November 2006 KBT.L K3 BUSINESS TECHOLOGY GROUP PLC ("K3" or "the Company") Contract Win worth £2.0m with Global Retailer K3, which supplies and supports IT solutions for the retail, distribution andmanufacturing sectors, is pleased to announce that its retail division hasagreed a contract worth approximately £2.0m with US-based GameStop Corp., one ofthe world's largest video game retailers with approximately 4,600 GameStop andEB Games stores worldwide. The contract is to install and support MicrosoftDynamics NAV software within regional head offices in Europe, the Pacific Rimand Americas. The installation of the first head office system for Europe isexpected to be completed in early May 2007. K3 previously implemented a Microsoft Dynamics NAV system for the retailer inIreland, where it has a number of stores. Following the success of thisimplementation, the Company was invited to tender for the head offices contractagainst significant competition. K3 will be installing a central system covering Inventory Management,Merchandising, Replenishment, Warehousing & Distribution, and FinancialManagement for these regions and managing the data from 1,000's of stores. K3has been the one of the leading resellers of Microsoft Dynamics in the UK forthe last five years. Andy Makeham, CEO, of K3 commented, "This is a prestigious win for K3 and follows the successful installation ofMicrosoft Dynamics NAV software for the retailer's stores in Ireland. I hopethere are future opportunities for us to deepen our relationship with thishighly successful retailer." Enquiries: K3 Business Technology Group T: 01282 864111Andy Makeham, Chief ExecutiveDavid Bolton, Finance Director Biddicks T: 020 7448 1000Katie Tzouliadis About GameStop Corp. Headquartered in Grapevine, TX, GameStop Corp. (NYSE:GME; GME.B) is the world'slargest video game and entertainment software retailer. The company operatesover 4,600 retail stores across the United States and in fourteen countriesworldwide. The company also owns two e-commerce sites, GameStop.com andEBgames.com, and Game Informer(R) magazine, a leading video and computer gamepublication. GameStop Corp. sells the most popular new software, hardware andgame accessories for the PC and next generation video game systems from Sony,Nintendo, and Microsoft. In addition, the company sells computer and video gamemagazines and strategy guides, action figures, and other related merchandise. This information is provided by RNS The company news service from the London Stock Exchange