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EG solutions reports bank contract win

02 April 2014  |  810 views  |  0 Source: eg solutions

eg solutions plc ("eg" or "the Company"; LSE-AIM: EGS), the back office optimisation software company, is pleased to announce that it has won a licence contract, in conjunction with its strategic partner, Aspect Software Inc ("Aspect"), with an existing global bank customer for the further deployment of the eg operational intelligence software suite.

The initial contract for licences is worth approximately $1.1 million to eg, all of which is to be recognised in the current financial year. The Company expects to enter into additional agreements with this customer for services.

Elizabeth Gooch, Acting Chief Executive, commented: "We are particularly pleased to have won this contract with this prestigious and highlyrespected customer which has recognised the value of eg's market leading software to its business. Furthermore, working together to secure this assignment has again demonstrated the value and strength of our relationship with Aspect.

This contract underpins our forecasts for the year, as well as our confidence in the future and the potential for the Company to secure substantial workforce optimisation projects with large global institutions." 

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