July 29, 2009
eg solutions plc (“eg” or “the Company”; LSE-AIM: EGS), the operations management software company, announced today that it has signed a further new sales contract valued at £230,000 for software and services with a major UK life and pensions company that is an existing client.
eg’s operational management software will be rolled out to 400 additional staff in the operational teams to support improved capacity and work flow management and to provide consistent operational management information. This sale follows a successful implementation project during 2008 within the same Division.
As a result, the total number of users of eg’s software within this client has now increased to over 1,600 with installations across four divisions.
Elizabeth Gooch, Chief Executive Officer, commented: “This additional purchase of software and licences is an excellent example of the progressive roll-out of our solution within a major financial services business. Revenue will be recognised across both half periods in our current financial year.”
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CONTACTS
eg solutions plc
Elizabeth Gooch, Chief Executive Officer
Tel + (0) 1785 715772
Bankside
Steve Liebmann, Simon Bloomfield or Andy Harris
Tel +(0) 207 367 8888
Brewin Dolphin Ltd (Nominated Adviser)
Mark Brady, Director Corporate Finance
Tel +44 (0) 845 213 4748
