New contract Win

IT Software and Services company eg solutions plc (AIM: EGS) is delighted to announce that its intended expansion into international markets continues to progress well, with another new contract win in South Africa.

The new contract with a major life office, employing approximately 5,000 people, is the fourth piece of new business to be secured by eg solutions since the start of the new 2008 financial year.

eg solutions will now undertake an initial proof of concept project, by providing its operational intelligence software to the major life office internal claims department.

Commenting, Elizabeth Gooch, Chief Executive Officer said:

“We are delighted to have secured another new contract win in South Africa; a country which is proving to be a worthwhile focus for our on-going expansion across international markets.

“This project will assist us in building a sustainable and profitable business in South Africa. By continuing to secure new business such as this, we are gradually establishing a solid position as a leading provider of operations management solutions within our target overseas markets. This, in turn, will allow us to take advantage of further opportunities provided by different sectors and the requirements of global operational management in general.”

- Ends -

eg solutions plc
Elizabeth Gooch, Chief Executive Officer
Tel +44 (0) 1785 715772

Brewin Dolphin Brewin Dolphin Ltd (Nominated Adviser)
Richard Evans, Director of Corporate Finance
Tel +44 (0) 845 213 4853

Golley Slater
Katie Dale
Head of Financial PR
Tel +44 (0) 121 384 9743
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