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Share Name | Share Symbol | Market | Type |
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Atlantia | BIT:ATL | Italy | Ordinary Share |
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RNS Number:9916M Atlantic Global PLC 01 July 2003 For Immediate Release 1 July 2003 Atlantic Global Plc ("Atlantic Global" or "the Company") Largest contract win to date -Norwich Union to license new "Adeo Corporate Vision" Software Atlantic Global, the AIM listed West Yorkshire based specialist developer of business management software applications, announces that it has been awarded its largest contract win to date, worth over #300,000 in revenues in the current financial year. The contract, awarded by Norwich Union, part of Aviva, the UK's largest insurer, is for Atlantic Global to supply an initial 1,500 licenses for its new Business Portfolio, Project, Resource and Milestone Management software, 'Adeo Corporate Vision'. Norwich Union has also signed a three year maintenance contract in respect of the software. This new addition to the Adeo product range has been developed over the past two years and its unique design will enable organisations to manage resource and expenditure budgets together with business and project delivery milestones, providing clear visibility at all levels within the organisation. It will also profile the demand and supply of resources using a simple, easy to use interface. When used with the other products in the range, Adeo provides a comprehensive business management suite. Commenting on the new contract award, Eugene Blaine, Managing Director of Atlantic Global, said: "This new contract consolidates our position as one of the fastest growing software suppliers to the financial services sector. Norwich Union is one of a number of blue-chip customers we have in this sector, including Barclays Bank, HSBC and Cattles Plc. "Adeo Corporate Vision is the result of an extensive development and testing programme with several of our customers notably pharmaceuticals giant Pfizer and latterly Norwich Union. We believe this product represents a radical departure from conventional solutions and is aimed very much at the efficient delivery of business objectives in service-based organizations." -Ends- Enquiries: Eugene Blaine, Managing Director Rupert Hutton, Finance Director Atlantic Global Plc 01272-863300 Paul Vann Binns & Co PR Limited 020 7786 9600 (paul.vann@binnspr.co.uk) This information is provided by RNS The company news service from the London Stock Exchange END CNTUUUQWMUPWURG
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