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RNS Number : 6249U
Rubicon Software Group PLC
(AIM: RUBI)
Rubicon Software Group plc ("Rubicon" or "the Company"), a leading provider of IT Services and smart customer relationship management ("CRM") solutions, is pleased to announce a 5 year contract with First Response Finance Limited for Licences, Maintenance and Support worth a total of £1,000,000. The contract commences on 1st July 2009 and includes a substantial upfront payment,
First Response Finance, an existing Rubicon client, is extending its use of the Rubicon automated underwriting and loan processing CRM software throughout its business and is planning to increase the number of users as its business grows over the next 5 years.
Don Brough, Chief Executive, First Response Finance Limited, said:
"At a time when many in the Financial Services sector are suffering, First Response is thriving. In part this is due to our existing relationship with Rubicon that has delivered an industry leading IT solution which supports the creation of strong relationships with new and repeat customers. This August we'll release the first element of a completely new suite of front-end and back-end systems underpinned by Rubicon's technologies and expertise which will become the new foundation upon which we'll build our future success and growth. We have worked with a number of software providers and the technical knowledge of the Rubicon staff, their focus on delivery and quality of service, and their commitment is exceptional."
Alistair Hancock, Chief Executive, Rubicon Software Group Plc, said:
"First Response Finance is an excellent business which is growing at a time of market contraction. I am excited by the prospect of sharing in their success and helping them to grow through the smart use of IT. We continually strive to improve the quality of our service and solutions and we look to build upon the relationships that we have with our clients.
"We have extended our product range and despite the difficult market conditions we have successfully increased and diversified our client base and this major contract win is the culmination of several months hard work. This is our largest contract to date and confirms the quality of our product offering. "
For further information, please contact:
Rubicon Software Group plc
Tel: 01276 706 900
Alistair Hancock, Chief Executive Officer
www.rubiconsoftware.com
W.H. Ireland
Tel: 0121 265 6330
Tim Cofman/Katy Birkin
Lothbury Financial
Tel: 020 7011 9411
Michael Padley / Libby Moss
Notes to Editors
About Rubicon
Based near Woking in Surrey, Rubicon Software is a provider of IT services and smart customer relationship management and IT solutions. Its core technology is designed to enhance the effectiveness and efficiency of customer service, fulfilment and product selection, whilst facilitating business process and change management. Current clients include First Response Finance, Market Harborough Building Society, Norton Finance, Information Systems Associates Inc and Videocall. The Group's technology and skills are widely applicable to a variety of markets. For more information, please visit www.rubiconsoftware.com.
About First Response
With offices based near Manchester, Glasgow and Nottingham, First Response Finance is a provider of non-standard car and motorcycle loans. For more information, please visit www.frfl.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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