Partnership with Eclipse

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PROACTIS Holdings PLC

05 March 2012

PROACTIS Holdings PLC

("PROACTIS" or "the Company")

Partnership with Eclipse

PROACTIS, the specialist in Spend Control and e-Procurement, announces that it has signed a partnership agreement with Eclipse Computing (Australia) Pty Limited ("Eclipse"), the leading provider of intelligent business solutions to the mid-and enterprise market in the APAC region. The partnership is focused on advancing PROACTIS' range of source-to-contract and purchase-to-pay solutions in APAC.

The partnership agreement follows Eclipse signing The Australian Customs and Border Protection Service as a significant new deal in the region. The solution from PROACTIS will facilitate automated spending approval processes, mandatory reporting requirements, contract administration and market evaluations in line with the Commonwealth Procurement Framework.

Bradley Stroop, CEO of Eclipse, commented:

"Current economic conditions are driving a marked increase in demand for Spend control and eProcurement solutions. The fact that PROACTIS already integrates with our customers' existing ERP and financial systems was important to our partnership. Our customers now have an effective means to reduce costs that complements their existing solution. PROACTIS offers a best-in-class approach that is proven to help organisations with complex business processes and IT infrastructure to cut costs and improve efficiencies."

Rod Jones, CEO of PROACTIS, said:

"We are delighted in this significant new client win by Eclipse in APAC. We have taken direct feedback from Eclipse's customer base and believe that PROACTIS' solutions offer a great fit that can improve their Spend Control processes and leverage existing investments in IT infrastructure. This is an exciting opportunity for PROACTIS' in a region that offers tremendous growth opportunities for our solutions."

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Enquiries:

PROACTIS 019 3754 5070

Rod Jones, Chief Executive Officer

Tim Sykes, Chief Financial Officer

finnCap Limited 020 7600 1658

Marc Young / Charlotte Stranner

PROACTIS is a leading provider of Spend Control and eProcurement solutions that are widely used in mid-to-large sized organisations across private, public and not-for-profit sectors alongside and integrated with existing ERP and financial systems. PROACTIS has been listed on the London Stock Exchange since 2006 (AIM: phd) and is headquartered in the UK with operations in Europe, North America and Asia Pacific.

This information is provided by RNS

The company news service from the London Stock Exchange

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