£31.48m
0.000p
132.50p
K3 Business Technology Group PLC
08 January 2008
KBT
K3 BUSINESS TECHNOLOGY GROUP PLC
('K3')
Announces
Retail Software Division
Secures
New Contracts with Clinton Cards and Agent Provocateur
K3, the IT solutions provider for retailers and manufacturers, is delighted to
announce that its Retail Software Division has secured two new contracts, worth
in total c£1.1 million, with Agent Provocateur and Clinton Cards. Agent
Provocateur is one of UK's leading lingerie retailers, with outlets in 13
countries. Clinton Cards, which owns the Clinton and Birthdays brands, is the
largest specialist retailer of greetings cards, plush merchandise (soft toys)
and related products in the UK.
K3 will be installing and supporting Microsoft's Dynamics software suite, with
the software being configured to meet the individual requirements of each
retailer.
For Agent Provocateur, the software solution will encompass finance, electronic
point of sale ("EPOS"), merchandising, planning, warehouse and business
intelligence tools. In addition, K3 will be providing a managed network hosting
service.
For Clinton Cards, K3's solution will handle all aspects of central
merchandising, product and price management, stock ordering and sales analytical
reporting for nearly 1,100 stores. K3 will also integrate the software with
Clinton's in-house developed EPOS systems and other head office systems.
Andy Makeham, K3's Chief Executive, commented,
"These orders follow our recent new business wins with The White Company, Jigsaw
and Rymans, and clearly demonstrate the increasing strength and competitiveness
of our retail solution and our ongoing penetration of the High Street."
Enquiries:
K3 Andy Makeham, Chief Executive T: 01282 864 111
David Bolton, Chief Finance Officer
Biddicks Katie Tzouliadis T: 020 7448 1000
Sophie Lane
Daniel Stewart Paul Shackleton T: 020 7776 6550
(NOMAD)
This information is provided by RNS
The company news service from the London Stock Exchange