New Licence Agreement

22 Feb 2007 09:00

Focus Solutions Group PLC22 February 2007 Focus Solutions Group plc ("Focus" or "the Group") Focus signs new licence agreement with Trigold Focus Solutions Group (AIM: FSG) today announces that it has signed a newlicence agreement with Trigold, the leading provider of software to theintermediary mortgage market. This contract has the potential to deliver revenue up to £100,000 over a fouryear period and allows Trigold to use Focus' technology to create electronicmortgage application forms to host on their industry portal and sourcing system,'Prospector AAA'. The electronic forms, built with Focus' technology, willcreate a more efficient sales process for both the mortgage intermediaries andthe lenders using the Trigold system. Bill Safran, Chief Executive Officer for Trigold commented; "This new contract enables us to use Focus' award winning technology to enhanceour offering to both the lender and intermediary community. Trigold is currentlythe mortgage sourcing system of choice for over 24,000 professional mortgageadvisers and can successfully deliver electronic applications to over 55Mortgage Lenders. Focus' technology will deliver us the capability we need toprovide a true electronic end-to-end sales process." Richard Stevenson, Chief Executive for Focus added; "We are delighted that Trigold will be using our technology on a licence basisto create electronic forms to host on their sourcing system. The potential nowexists for Focus to further expand its presence in the mortgage intermediarymarket as the market's leading lenders use our technology to trade with theirclients electronically." -ENDS- Enquiries: Focus Solutions Group plc 01926 468300Richard Stevenson - Chief ExecutiveMartin Clements - Finance Director Seymour Pierce Limited 020 7107 8000Mark Percy Smithfield Consultants 020 7360 4900Reg Hoare / Tania Wild Notes to editors: About Focus Solutions Group plc Focus is an established supplier of easily configured & re-usable componentbased software & business services, which enable faster, more effective & costefficient processing of complex customer transactions. Focus has helped some of the world's leading public & private sectororganisations to successfully automate their most demanding customer processes. For further information on Focus, please visit www.focus-solutions.co.uk. This information is provided by RNS The company news service from the London Stock Exchange