Contract Win
October 01 2003 - 3:00AM
UK Regulatory
RNS Number:3814Q
Innovation Group PLC
01 October 2003
1st October 2003
THE INNOVATION GROUP PLC ("TiG")
Contract win
TiG announces that the evaluation licence to one of America's top tier insurers
previously announced in the Q3 Trading Statement on August 7, has been converted
into a full licence exceeding #3m (services and maintenance are additional to
this). The majority of the benefits from this contract, won in conjunction with
IBM, are expected to accrue over the next 24 months.
Enquiries:
The Innovation Group plc Hassan Sadiq 01489 898300
Chief Executive Officer
Paul Smolinski
Group Finance Director
KBC Peel Hunt Ltd Simon Hayes 020 7418 8900
Weber Shandwick Square Mile Sara Musgrave 07736 979 302/ 07884 494 112/ 020 7067 0700
Katie Hunt
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