Contract Wins
01 Novembre 2007 - 8:01AM
UK Regulatory
RNS Number:7767G
Atlantic Global PLC
01 November 2007
Press Release 1 November 2007
Atlantic Global Plc
('Atlantic Global' or 'the Company')
Contract Wins
Atlantic Global Plc, the specialist provider of integrated business and resource
management software applications, today announces three major contract wins from
three new blue chip clients - Bank of Tokyo, Trader Media Group and Capita
National Strategies. The combined contracts are expected to be worth in excess
of #300,000 over the next twelve months, with the license revenue of #170,000
being reflected immediately and the majority of the balance also being
recognised within this financial year. The ongoing balance of the support
contracts and any service revenue will be recognised as they are delivered, in
line with the Company's accounting policies.
Commenting on the contract win, Eugene Blaine, Managing Director of Atlantic
Global said: "We are delighted to announce three new contract wins with Bank of
Tokyo, Trader Media Group and Capita National Strategies. We look forward to
working closely with their teams to ensure another three successful
implementations of our flagship product Corporate Vision."
- Ends -
For further information please contact:
Atlantic Global Plc
Eugene Blaine, Managing Director Tel: +44 (0) 1274 863 300
Rupert Hutton, Finance Director
eugene.blaine@atlantic-global.com
rupert.hutton@atlantic-global.com www.atlantic-global.co.uk
Collins Stewart Europe Limited Tel: +44 (0) 207 523 8350
Mark Connelly, Director, Corporate Finance
Media enquiries:
Abchurch
Emma Johnson/ Sarah Hollins Tel: +44 (0) 207 398 7784
emma.johnson@abchurch-group.com www.abchurch-group.com
Notes to editors
Atlantic Global develops innovative software applications that enable
organisations to monitor, manage and model the fundamental pillars of their
business - resources, skills and costs.
In addition to its flagship Corporate VisionTM solution, which offers a
real-time, role-based view of business operations, Atlantic Global Business
SolutionsTM also offers a series of business management-focused applications
including planning and resource management, timesheet and expense tracking,
business information tracking, risk management and contractor management.
Atlantic Global's customer base ranges from SMEs to Global 1,000 organisations
and includes: Aircom International; Barclays; GlaxoSmithKline; Norwich Union;
Pfizer; Provident Financial; Kingston Communications; The Metropolitan Police;
Tiscali and Virgin Mobile.
Atlantic Global is widely recognised by software industry analysts as being in
the top 25 vendors within the emerging Project Portfolio Management (PPM)
market. More specifically, it is one of only two European organisations
included in Gartner's 'Magic Quadrant' for PPM.
Founded in 1993, Atlantic Global is headquartered in West Yorkshire, England.
It listed on the Alternative Investment Market of The London Stock Exchange
(AIM) in June 2001.
Atlantic Global's Interim Results for the six months ended 30 June 2007,
reported a 24% increase in turnover to #1,158,000 and a return to profitability.
The Company also announced the appointment of Adrian Bradshaw as Non-Executive
Chairman to oversee an active acquisition strategy to establish critical mass.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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