Contract Wins
October 19 2009 - 2:00AM
RNS Non-Regulatory
TIDMSQS
SQS Software Quality Systems AG
19 October 2009
19 October 2009
SQS Software Quality Systems AG
("SQS")
SQS Contract Wins update
SQS Software Quality Systems AG (AIM:SQS.L), the world's largest supplier in
independent software testing and quality management services, is pleased to
announce new contract wins with a major UK utility company, a European air
traffic control agency, a multi-billion pound UK retailer and two European
banks, including Swiss based St. Galler Kantonal Bank.
SQS has been contracted by Swiss based St. Galler Kantonal Bank to provide
Managed Testing Services for the bank's core banking application over a five
year period. SQS's offshore resources, combined with its domain knowledge and
proprietary testing tools, were key factors in winning the contract. SQS has
also recently signed a similar multi-year contract with another European private
bank, demonstrating strong demand for its Managed Testing Services offerings
within the Financial Services sector.
SQS has also been contracted by a major UK utility supplier to work in a number
of key programmes throughout the remainder of 2009 and 2010. SQS will be
providing a range of quality assurance and testing consultancy services to help
the client realise its business and technical goals. The client is deploying a
blended onshore/offshore model which is already delivering cost and efficiency
benefits.
In addition, SQS has won a contract to provide a test system and services to a
European air traffic control agency. SQS's proficiency in test automation and
its methodology, embedded in its proprietary testing products (tools), were key
differentiators in securing the contract.
Furthermore, SQS has been selected by a major UK retailer as the testing partner
that will support the implementation of a new SAP based system, powering a new
retail format to be rolled out across hundreds of stores in 2010.
Rudolf van Megen, Chief Executive Officer of SQS commented, "I am delighted to
announce these contract wins, which suggest that confidence is improving across
our various end markets. Companies are becoming increasingly aware of the
benefits of our blended onshore/offshore services and we are experiencing
healthy demand for our Managed Services and SAP testing offerings."
Enquiries:
+--------------------------------------------------+-------------------------------+
| SQS Software Quality Systems AG | Tel. +49 (2203) 91 54 0 |
+--------------------------------------------------+-------------------------------+
| Rudolf van Megen, Chief Executive Officer | |
+--------------------------------------------------+-------------------------------+
| Rene Gawron, Chief Financial Officer | |
+--------------------------------------------------+-------------------------------+
| | |
+--------------------------------------------------+-------------------------------+
| Altium | Tel. +44 (0)20 7484 4040 |
+--------------------------------------------------+-------------------------------+
| Tim Richardson | |
+--------------------------------------------------+-------------------------------+
| Katie Hobbs | |
+--------------------------------------------------+-------------------------------+
| | |
+--------------------------------------------------+-------------------------------+
| ICIS Limited | Tel. +44 (0)20 7651 8688 |
+--------------------------------------------------+-------------------------------+
| Tom Moriarty | |
+--------------------------------------------------+-------------------------------+
| Bob Huxford | |
+--------------------------------------------------+-------------------------------+
About SQS
SQS is the world's largest supplier in independent software testing and quality
management services. SQS consultants design and oversee quality management
processes during software and IT systems development and test the resulting
products for errors and omissions.
Headquartered in Cologne, Germany, SQS has approximately 1,400 employees across
Europe, Asia, North America and Africa. The Group has a strong presence in
Germany (Cologne, Munich, Frankfurt, Stuttgart, Goerlitz and Hamburg) and in the
UK (London, Woking, Birmingham, Manchester, Belfast), Ireland, the Netherlands,
Switzerland, Austria, Sweden, Norway, Finland, India, Egypt, the United States
and South Africa. SQS also has a minor stake in an operation in Portugal and a
partnership operation in Spain.
With more than 5,000 completed projects, SQS has a strong customer base
including 36 FTSE-100 companies, half of the DAX 30 and nearly a third of the
STOXX-50. It supports clients in a wide range of industries, including major
corporations such as Deutsche Bank, Deutsche Telekom, Deutsche Post, Allianz,
Meteor, BP, JP Morgan, UBS, Beazley, Volkswagen, and Daimler.
www.sqs-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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