Re Contract

Pennant International Group PLC 16 February 2004 16 February 2004 Press Information Pennant Wins Canadian Defence Contract worth up to £4 million. Gloucestershire based training systems, data services and software specialist Pennant International Group plc, has won a major contract from the Canadian Government. The contract involves supplying consulting services to the Canadian Department of National Defence (DND) and is in support of Pennant's OmegaPS software products, which are already widely used throughout the DND. The contract was awarded for an initial 15 month term through to the 31st of March 2005 and has a maximum value of $CA4.2 million (£1.68 million). In addition, extension options in the contract, will, if exercised, extend the contract to March 31st, 2007 and raise its maximum value to $CA10 million (£4 million). 'This contract will ensue that the Canadian Department of Defence derives maximum benefit from the use of the OmegaPS software suite,' said Brian MacDonald Chief Operating Officer of Pennant Information Services Inc in Canada. 'The length and value of the contract will further strengthen Pennant's operations in Canada and it endorses the effectiveness of the software and services we have provided to date.' Pennant Information Services Inc is a wholly owned subsidiary of Pennant International Group plc, based in Cheltenham, England and listed on the Alternative Investment Market (AIM) of the London Stock Exchange. The company's preliminary results for the year ended 31st December 2003 are due to be announced on March 22nd 2004 -oOo- For further information, visit www.pennantplc.co.uk or contact: Joe Thompson, Chief Executive, Pennant International Group plc: Tel: +44 (0) 1452 714881 Mobile: 07860 715196 Brian Macdonald, Pennant Information services Inc Tel: +1 613 745 3811 Barrie Newton,Rowan Dartington & Co Ltd. Tel: +44 (0) 117 925 3377 Ken Rees, Binns Winningtons: Tel: +44 (0) 117 317 9477 Mobile: 07802 466 567 This information is provided by RNS The company news service from the London Stock Exchange
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