Information  X 
Enter a valid email address

Knowledge Technology (ARC)

  Print      Mail a friend       Annual reports

Thursday 20 September, 2007

Knowledge Technology

Contract Win

Knowledge Technology Solutions PLC
20 September 2007



RNS Release                                                    20 September 2007

           Knowledge Technology Solutions plc ('KTS', 'the Company')

                                  Contract Win

Arcontech, the award-winning developer of mission-critical software for
real-time market data transmission and trading, which was recently acquired by
KTS, has been awarded a significant contract to provide contract for difference
(CFD) and spread betting trading platforms to Hichens Harrison, the City's
oldest firm of stock brokers.

The contract comprises Arcontech's AXE software suite to provide a trading
platform for web-based online trading, a high performance price calculation
engine, order management and position keeping and a full back office
administration system.

Dr. Marc Pinter-Krainer, Chief Executive of KTS, commented:

'I am delighted to be able to announce this major contract win for our Arcontech
subsidiary. We are pleased to add Hichens Harrison, with its 203-year heritage
to our blue chip client base that includes national treasury, central banking
and major investment banking firms as well as supporting many other online CFD
and spread betting operations. Hichens Harrison's decision to use Arcontech's
software is a tremendous endorsement of the quality of the product, and this
reinforces my confidence that Arcontech will make an important contribution to
KTS over the coming years.'

Adam Wilson, Chief Executive of Hichens Harrison, commented:

'Arcontech's high quality technology is the perfect update to our CFD and spread
betting capabilities. Arcontech's solution offers excellent reliability and
functionality, and will help us broaden our online service offering, allowing us
to continue our commitment to offering the highest quality service to our
clients.'

                                    - Ends -

Enquiries:

Dr Marc Pinter-Krainer, 
Knowledge Technology Solutions PLC                    Tel: + 44 (0) 207 256 2300
Andrew Miller, Arcontech                              Tel: +44 (0) 207 405 2111
Mike Coe / Marc Davies, Blue Oar Securities           Tel: +44 (0) 117 933 0020
Katie Hunt / Will Henderson, Smithfield               Tel: + 44 (0) 207 360 4900


Notes to Editors

About KTS

KTS is an innovative provider of financial market data application services and
solutions. The company is listed on AIM, a London Stock Exchange regulated
market (ticker symbol: KTS).

Its real-time market data information service KTS MarketTerminal was developed
in-house and first launched to market in 2003. The KTS MarketTerminal
subscription service is remotely accessed via a standard web browser and
delivers UK equities information including live quotes, news and comprehensive
analytics.

KTS also provides MarketTerminal ON-SITE which allows institutional clients to
customise and integrate the proven MarketTerminal display application for their
own data distribution and access requirements. This is particularly relevant in
the context of the Markets in Financial Instruments Directive (MiFID) which is
introduced from 1 November 2007.

For further information please visit www.ktsplc.com


About Arcontech

Arcontech, a wholly owned subsidiary of KTS, is an award-winning developer of
mission-critical software for real-time market data transmission and trading
which was founded in 1979. Its clients cover a wide range of users of market
data, including leading City institutions, data vendors, CFD and spread betting
brokerages.

For further information please visit www.arcontech.com


About Hichens Harrison

Hichens, Harrison & Co plc is a traditional stockbroker with over 200 years
experience of giving quality service to the discerning investor. It offers
clients a wide range of investment solutions including Advisory Portfolio
Management, Execution Only Dealing, Derivative Sales, Contracts for Difference,
Institutional Sales, Research and Corporate Broking. It was founded in 1803.
For further information please visit www.hichens.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange