Embargoed: not to be released until 9.00am on
10th March, 2004
Eurovestech Plc ('Eurovestech')
Significant contract win for Knowledge Support Systems Limited ('KSS')
Eurovestech is pleased to announce that KSS, which was acquired in June 2003,
has secured a significant contract from a major US retailer of petroleum.
PriceNet, the KSS petroleum pricing solution, was selected after a careful and
detailed customer evaluation.
KSS provides pricing and revenue management solutions for the retail and
petroleum industries. The addition of this latest client brings the total
number of sites that have been licenced for PriceNet to just under 10,000,
making KSS a world leader in the provision of petroleum pricing solutions.
Richard Bernstein, Chief Executive of Eurovestech commented: 'We are delighted
with the progress that has been made by KSS in winning this contract and other
recent deals on both the Petroleum and Retail sides of the business. We see
these contract wins as important, both in terms of their commercial value and
the increasing momentum that it brings to the business, particularly in the key
US market.'
Further enquiries:
Eurovestech Plc
Richard Bernstein
Chief Executive Tel: 0207 491 0770
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