Re Contract

Mondas PLC 31 July 2003 31 July 2003 MONDAS PLC ('Mondas' or 'the Company') New Contract EIGHT COLLEGES IN CONSORTIUM CHOOSE NEW RESOURCE LEARNING MANAGEMENT SYSTEM FROM MONDAS Eight of a consortium of Sixth Form Colleges has selected Mondas PLC's new Resource Learning Management System (LMS). The aggregate contract value (comprising licence, services and the first year's software support) is in excess of £250,000 with potential additional support of approximately £300,000 over a further four years. 'I mentioned in my recent Chairman's Statement that we had received some Letters of Intent from the consortium of Sixth Form Colleges and we are very pleased to announce that the first eight have now signed contracts. We expect the remainder to close in the near future' comments Tim Simon, Chairman & Chief Executive Officer at Mondas PLC. Resource LMS, is one of the latest additions to the Mondas portfolio for the Education Sector where its Financial Suite, Resource 32000, is already a market leader. This new comprehensive solution comprises Learner administration, Examination & Programme management, Timetabling & Registers, Resource Planning and the all-important reports upon which government funding is based. The eight Sixth Form Colleges currently contracted include Shrewsbury, Hereford, Collyers (Horsham, West Sussex), Sir John Deane (Northwich, Cheshire), Regent (Leicester), Gateway (Leicester), Wyke (Hull) and Varndean in Brighton. Tim Simon continues: 'The Education Sector is of strategic importance to Mondas and we have built an exciting range of solutions specifically for education environments. These include Financials, MIS, HR, Payroll, Continuous Professional Development and, of course, Resource LMS which we believe has a significant market opportunity as endorsed by this Sixth Form Consortium.' Ends For further information, please contact: Tim Simon or Sally Johnson, Mondas PLC, Tel: 020 7392 1300 Website: www.mondas.com. This information is provided by RNS The company news service from the London Stock Exchange OROKRBOAR
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