Licence Agreements

Focus Solutions Group PLC 03 December 2002 3 December 2002 Focus Solutions Group plc Focus signs contracts with Misys and Skandia Focus Solutions Group, the specialist provider of sales automation solutions, has signed licence agreements worth £600,000 for the use of its goal:technology software with Misys IFA Services and with The Skandia UK Group. Misys IFA Services is a wholly-owned subsidiary of Misys plc, and operates four IFA networks. Under the terms of its agreement with Focus, Misys IFA Services will use Focus's goal:technology software in its IFA Point of Sales / Compliance desktop solution. The solution, known as mi-solution, will initially be rolled out to 1,200 users within the 7,000 strong Misys Network this month, and will be supported by eight life and pensions providers. The contract with Misys IFA Services is for five years and is expected to generate a minimum of £400,000 revenue over that period. Under the terms of the agreement with Skandia, Focus's goal:technology will be deployed across Skandia's extranets to build investment bond applications in Norwegian, Finnish and Swedish. Skandia further expects to use goal:technology across its European operations next year via its European network of extranets. The contract, the first European licensing agreement for goal:technology, will generate revenues of £200,000 over two years. John Streets, Chief Executive of Focus Solutions, said: "These two contracts represent a substantial step forward for Focus. The agreement with Misys IFA Services will help kickstart electronic trading in the IFA community, while the agreement with Skandia proves that our technology is well equipped for use in building and deploying financial services product applications across multiple currencies, languages, channels and compliance environments." Enquiries Focus Solutions Group plc 01926 468300 John Streets Claire Forrest Citigate Dewe Rogerson 020 7638 9571 Chris Barrie Sara Batchelor Notes to editors: 1. About Focus Solutions Group Focus Solutions Group is a specialist provider of sales automation solutions for the financial services industry. Based on goal:technology, its business process automation software, Focus delivers straight through electronic processing to create a paperless sales process across multiple channels to market including IFA portals, websites, Extranets, direct sales and call centres. Focus has a portfolio of market facing propositions and services to help customers to implement and use its technology effectively. Propositions are available for the Life and Pensions, Mortgage and General Insurance markets. Focus has specific expertise in Point of Sale systems, having developed RIO, Norwich Union's POS solution for their direct sales, tied agents and telemarketing channels. Focus customer base includes: Assureweb, The Exchange, Friends Provident, IFAengine, Legal & General, Norwich Union, Prudential, Scottish Equitable, Scottish Provident, Scottish Widows, Skandia, Standard Life and Zifa. Focus recently expanded internationally by acquiring its US partner, MPO, to form Focus Solutions Inc. For further information on Focus Solutions, please visit www.focus-solutions.co.uk. Focus is announcing its interim results for the six months to 30 September 2002 today as a separate announcement. 2. About Misys IFA Services Misys IFA Services comprises IFA networks encompassing over 4,500 Independent Financial Advisers in the UK, including Countrywide Independent Advisers, DBS, The Kestrel Network, IFA Network, and Financial Options. This information is provided by RNS The company news service from the London Stock Exchange AGRFSMFUESESELE
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