RNS Reach - Contract Extension with Assureweb

release date: 08/01/2010

Focus Solutions Group plc

("Focus Solutions" or the "Group")

Contract Extension with Assureweb

Focus Solutions Group plc (AIM:FSG), a leading provider of proven enterprise solutions to the financial services market, is pleased to announce the signing of a contract extension with Assureweb, the comparison quotation portal for Life & Pension products.

This contract extension will see Focus Solutions sharing in the transactional based revenue for all  electronic applications that are submitted via the portal within focus:360°, the Group's market leading product suite. This contract is consistent with the Group's strategy to grow longer term, recurring licence and transactional revenues from a broader customer base.

Focus Solutions has extended its strategic relationship with Assureweb to enable advisers to more effectively source comparative quotations and new business applications for Life & Pension products. Through Assureweb's enhanced integration with focus:360° and under the extended partnership, advisers  using the combined solution will be able to benefit from a seamless quote and apply process.

Richard Stevenson, CEO of Focus Solutions commented, "This contract is yet another step towards  achieving our objective of delivering greater recurring revenues from an increased customer base, building on our contract win with a major UK adviser network announced last month. We have had a long standing, successful partnership with Assureweb which has added significant value to our clients and we look forward to continuing this relationship and introducing additional services for our customer base."