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CMO Cmo Group Plc

14.50
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cmo Group Plc LSE:CMO London Ordinary Share GB00BMB5Y385 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.50 14.00 15.00 14.50 14.50 14.50 1,428 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Catalog, Mail-order Houses 71.5M -1.84M -0.0255 -5.69 10.44M

Re Contract

10/07/2000 8:45am

UK Regulatory


RNS Number:5734N
Comino Group PLC
10 July 2000

                       COMINO GROUP PLC : CONTRACT GAIN

Comino Group plc ("Comino"), a leading provider of software solutions for  the
social  housing, occupational pensions and local government sectors, announces
that  it has been awarded a substantial contract by Ford of Britain to  supply
its   award  winning  pensions  administration  software,  Universal  Pensions
Management  (UPM).  The Ford of Britain 86,000 member  scheme  is  looking  to
improve efficiency and provide the very best in customer service.

Ford of Britain's pensions department intends to significantly improve the way
that  its  employee pensions are administered and aims to provide a much  more
customer focused approach to administration.

The  Ford of Britain pensions administration team are currently working in  an
environment  of  outmoded systems and technology, with  increasing  complexity
arising from legislation and contracted changes to the benefit structure.  The
time  had come to look at its business processes and find a new, more  dynamic
software solution.

Comino  was  selected  by  tender, after Ford of Britain  looked  at  all  the
products on the market seeking a solution for the 21st century system.

Commenting, Garth Selvey, Chief Executive of Comino, said:

"Ford  of  Britain pensions office intends to open up methods of communication
with members and aims to provide increased access to information via intranets
and  the  internet. Document imaging and workflow will be key in  achieving  a
paperless  office  with  the maximum number of tasks automated,  allowing  the
administration team to concentrate on non-standard cases and to quickly access
the information they require."

Ford  of Britain's long term aim is to have wider distribution of skills, less
specialisation and a more active communication role.


For further information contact:
Garth Selvey, Chief Executive, Comino Group plc   01628 525433


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