RNS - Two significant contract wins for training software
release date: 22/09/2010
Focus Solutions Group plc
(“Focus Solutions” or the “Group”)
Two significant contract wins for training software
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 two new contracts worth over £500,000 in aggregate; one with a leading provider of accident and health insurance and the second with one of the UK's largest providers of free debt solutions.
In each case the contract relates to a four year enterprise licence for focus:progress1, the employee development module within focus:360° - Focus Solutions’ multi-channel distribution product.
focus:progress will be rolled out to over 3,500 users in total across the two organisations and will enable them to manage the ongoing training and development of their employees as well as demonstrate that the individuals are competent for the roles that they undertake.
Commenting on the contract wins, Richard Stevenson, CEO of Focus Solutions said: “Following our acquisition of The Coaching Platform in December 2008, these are the largest contract wins to date for our employee development product, focus:progress. The focus:progress product offering generates greater client reach, increasing the Group’s product and customer diversity.
“focus:progress is a key component in the focus:360° product suite. It can be taken as a standalone product for non-enterprise financial services clients or as a fully integrated module within focus:360°, acting as an entry point to further up-sell the rest of the platform solution.”
1focus:progress was previously branded as TestMeOnline, the online testing solution for financial services professionals.