RNS Number:1818T
Vocalis Group PLC
19 March 2002



Embargoed until 7.00am                                             19 March 2002


                               Vocalis Group PLC
              
                           ("Vocalis" or "the Group")



                        £2 million Contract Awards with

             Abbey National, Chelsea Building Society and Powergen





Over the last nine months Vocalis has refocussed its strategy and re-organised
its operations to position the Group to gain commercial benefit from its speech
recognition technology.



In particular the Board has:

•         Focussed the Group's strategy to concentrate on providing business
          solutions to the call centres of the UK financial services and 
          utilities sectors

•         Introduced a market focussed approach, developing new module based
          solutions delivering real business benefits

•         Launched the Group's strategy and product range to its target markets

•         Developed a clearly identified sales strategy



The Board is delighted to report the initial success of this strategy through
the award of three contracts, with Chelsea Building Society, Powergen and Abbey
National, which have a combined value in excess of £2.0 million.



Details of the contracts, two of which are for new customers and all of which
fall within Vocalis' target market sectors, are as follows:



Vocalis is providing Chelsea Building Society with the solution for a voice
driven telebanking system for money transfers, balance enquiries and recent
transaction reporting.



Powergen is to introduce over the next year a complete voice driven solution
with applications such as meter reading, direct debit changes and balance
enquiries.  Vocalis is providing both the solution and a consultancy package.



Abbey National, an existing Vocalis client, is continuing with its telebanking
system and has signed an order for ongoing maintenance and support.  The
telebanking solution now handles over 1.5 million calls every month.



The Board of Vocalis had hoped to be in a position to announce new contracts
earlier in the year.  While disappointed that this delay means that revenues
relating to the new orders will not be recognised in the current year, the Board
believes that these contracts represent significant and measurable success
against its revised strategy and looks forward to reporting further material
progress in the coming months.



As at today's date Vocalis has cash balances of approximately £4.1 million,
following a placing and open offer that raised £4.1 million (net) in December
2001.




Paul Wright, Vocalis Chief Executive, commented:



"We are delighted to have won these contracts, in our target market sectors.
They have been won as a direct consequence of our focussed approach within the
UK call centre market and support the strategy we launched in September 2001.



"Given the timing of these contracts the revenue will be recognised in our next
financial year.  Together with other signed contracts we will enter the new
financial year with an order book in excess of £2.5m, a strong order pipeline
and a secure capital base.  We look forward to announcing further progress over
the coming months."



                                    - ends -



For further information contact:


Vocalis Group plc                                                   01223 846177
Paul Wright, Chief Executive                               enquiries@vocalis.com

Weber Shandwick Square Mile                                        020 7950 2800
Nick Oborne or Stephanie Smart                        noborne@webershandwick.com







                      This information is provided by RNS
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