Re Contract

Focus Solutions Group PLC 29 September 2005 29 September 2005 Focus Solutions Group plc ("Focus" or "the Group") Focus announces new contract with new mortgage network - Home of Choice Focus, a leading provider of customer management solutions to the financial services market, has today announced a contract with an innovative new mortgage network - Home of Choice ("HoC"). The five-year contract is worth £689,000, of which £460,000 is recognised in this financial year. The contract includes the development of an online solution to enable HoC to recruit, register and support new mortgage advisers for the network. Focus was also commissioned to deliver a number of additional applications including a full sales support system for the provision of product information, management of the regulated sales cycle, and a complex commission processing system. The new solution was built using Focus' MCA for Mortgages approach, with Focus' XML toolkit, "goal:technology", integrated with BEA's WebLogic(TM) to provide the workflow framework. As a new start up organisation, speed of development and deployment were key criteria to the success of the HoC business. The timescales for the project were particularly challenging and the first phase of the project was delivered to HoC within just six weeks. The online recruitment solution went live in July 2005 and a substantial number of advisers have already been recruited and are trading effectively. Keith Baldwin, Chief Executive, Home of Choice commented: "Technology plays a key role in the development of our new mortgage network and we see its application as a key differentiator in enabling us to recruit advisers and support the sales process electronically. We selected Focus to develop the new HoC solution based on a combination of their record of proven delivery in the mortgage marketplace, robust technology and industry knowledge." John Streets, Chief Executive Officer, Focus Solutions Group added; "Using our MCA for Mortgages approach we were able to reduce risk and rapidly develop and deploy a solution for HoC within very short timescales. Since the start of mortgage regulation there has been a need across all mortgage organisations to operate in a fully compliant manner in line with FSA guidelines. The new regime has caused great pressure on the market to ensure internal systems and sales processes alike meet the regulator's requirements and Focus is well positioned to help companies fulfil these obligations." -END- Enquiries: Focus Solutions Group plc 01926 468300 John Streets - Chief Executive Martin Clements - Finance Director Seymour Pierce Limited 0207 107 8000 Mark Percy/Jeremy Porter Notes to editors: About Focus Solutions Group plc Focus is a leading provider of customer management solutions for the financial services industry. Focus' MCA (Multi-Channel Advice) approach, powered by goal: technology, delivers the life, pensions, mortgage and general insurance markets with a single solution to enable effective electronic trading across multiple distribution channels, online or offline, achieving straight through electronic trading at a much reduced cost to the financial services industry. Focus has a blue chip customer base of financial services organisations including Abbey for Intermediaries, Assurant Solutions, Barclays Bank PLC, Capital Home Loans Ltd, Home of Choice, Kensington Mortgages, Legal & General, Mortgages plc, Norwich Union, Paymentshield, Prudential, Scottish Equitable, Scottish Widows, Skandia UK Group, Standard Life and Zurich, as well as industry portals, including Assureweb, The Exchange, IFAengine, Trigold and Webline. For further information on Focus, please visit www.focus-solutions.co.uk. This information is provided by RNS The company news service from the London Stock Exchange
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