K3 Business Technology Group(KBT)

Sector:

Software & Computer Services

Index:

FTSE AIM All-Share

Market Cap

£27.08m

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Share Price

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New Contract

K3 Business Technology Group PLC
10 December 2007


KBT.L

10 December 2007

                        K3 BUSINESS TECHNOLOGY GROUP PLC

                                     ('K3')


                                   Announces


   Retail Software Division Secures Multi-Channel Contract worth £1.3 million


K3, the IT solutions provider for mid-tier retailers and manufacturers, is
delighted to announce that its Retail Software Division has secured a
multi-channel contract worth approximately £1.3 million with The White Company,
the luxury home accessories retailer. The contract is significant both in terms
of its value and because it represents K3's first large scale 'multi-channel'
retail sale.


The implementation of K3's Microsoft Dynamics based retail solution will help to
underpin the ongoing growth of The White Company. The company is one of the UK's
fastest growing multi-channel retail companies, with 17 retail stores and
concessions in the UK and two franchises in Dubai and successful website and
mail order operations.


K3's retail software provides a completely integrated solution supporting the
head office, mail order, website and retail stores. By using the same technology
across the business, The White Company will be provided with an integrated
database enabling it to access a complete and up-to-the-minute view of its
business.



Andy Makeham, K3's Chief Executive, commented,


"We are delighted to win this contract. Multi-channel is a fast growing retail
market and The White Company, as one of the leading multi-channel retailers,
represents an exciting win for K3.


Not only does this represent excellent progress in our strategy to target
multi-channel retailers but this will undoubtedly be one of the most extensive
and comprehensive Microsoft Retail Dynamics implementations undertaken to date,
making it a flagship implementation for K3."



Enquiries:

K3              Andy Makeham, Chief Executive               T: 01282 864 111
                David Bolton, Chief Finance Officer

Biddicks        Katie Tzouliadis/Sophie Lane                T: 020 7448 1000

Daniel Stewart  Paul Shackleton                             T: 020 7776 6550
(NOMAD)







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