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RNS - New Retail Bank Contract Win

release date: 02/09/2010


Focus Solutions Group plc

(“Focus Solutions” or the “Group”)

New Retail Bank Contract Win

Focus Solutions Group plc (AIM:FSG), a leading provider of multi-channel distribution software to the global financial services industry, is pleased to announce that it has signed a new contract with a major global retail bank client (“retail bank”) in relation to the requirements for their mortgage distribution product in the UK.

Under the terms of the contract, Focus Solutions will work with the retail bank to agree the requirements to implement the Group’s focus:360° product for the distribution of the retail bank’s mortgage products throughout the UK. Based on positive results of this first stage exercise, there is potential for focus:360° to be utilised for this project.

Commenting on the new client contract, Richard Stevenson, CEO of Focus Solutions, said, “We are delighted to be engaged with yet another major UK retail bank on a key distribution project for their business. Through this contract we are now working with 3 out of the top 4 banks in the UK, all of whom are major players on the global stage, and this demonstrates further diversification of our customer base.”