Eg solutions annouce new contract win

July 7, 2011 - PRLog -- eg solutions plc (“eg” or “the Company”; LSE-AIM: EGS), the back office optimisation software company, announces today that it has signed a sales contract valued at approximately £660,000 over the next 20 months.  Approximately £380,000 is expected to be recognised in the Company’s current financial year, ending 31 January 2012. The contract is with an existing customer, one of South Africa’s leading investment administration companies which provides outsourced healthcare services.

This new contract provides 20 months of implementation support for roll-out of the eg operational intelligence® software suite to provide historic, real-time and predictive Operational Management Information to a further 1100 users.  The implementation will be undertaken in phases with the first phase covering an additional 300 users in Cape Town.  It follows successful implementations in Braamfontein and Pretoria and takes the total number of current users to 700 with potential to increase this to up to 1500 users over the 20 month implementation period.

Elizabeth Gooch, Chief Executive Officer, commented: “This latest contract win is the result of eg operational intelligence® delivering significant benefits to the customer since October 2009.  It demonstrates how eg’s growth is sustained through strong relationships with existing customers and the performance of our products, as well as winning new customers.”

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CONTACTS

eg solutions plc    01785-715772
Elizabeth Gooch, Chief Executive Officer   www.eguk.co.uk
   
Bankside   020-7367-8888
Simon Bloomfield or James Irvine-Fortescue   
   
Arbuthnot Securities Limited    020-7012-2000
Tom Griffiths   

About eg solutions plc

eg solutions plc is a global back office optimisation software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.

The Company, which is listed on the Alternative Investment Market (‘AIM’) of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.

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eg is a global back office optimisation software company. Our software and services provide historic, real-time and predictive Operational MI. We guarantee improvements in operational results in short timescales.