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RNS Number : 3960N

Workplace Systems International PLC

01 September 2011

1 September 2011

WORKPLACE SYSTEMS INTERNATIONAL PLC

WorkPlace OnLine SaaS Solution Receives Major Orders Boost

WorkPlace Systems International plc ("WorkPlace" or the "Company") is pleased to announce new agreements for its WorkPlace OnLine SaaS solution. Orders have been received from five new clients operating in the Retail sector.

These orders include a significant UK Retail client with more than 1,600 outlets, a North American Retail client with more than 5,000 outlets and a major Dubai Retailer.

The Company is also pleased to announce that an existing On-Premise client of WorkPlace, Rank Group Gaming Division Limited, has contracted to install WorkPlace OnLine following a successful pilot. This is the first major On-Premise WorkPlace client to roll out the OnLine SaaS solution.

The combined orders represent some GBP1.2m of annual recurring revenue when roll outs are completed.

In addition to the nine pilots previously announced, the Company can also report a further two SaaS pilots from major UK retailers.

"The success of WorkPlace OnLine is now being clearly shown in the UK, North America and the Middle East," commented Barney Quinn, CEO of WorkPlace.

"We believe that the Company's early investment in the Workforce Management SaaS field is beginning to pay off and that the WorkPlace OnLine SaaS product leadership augurs well for the Company's future through its corresponding long term revenue stream."

Enquiries:

WorkPlace Systems International plc

 
 Barney Quinn, Chief Executive   Tel: 07860 883 847 
 Paul Wright, Chief Financial    Tel: 01908 251 340 
  Officer

Altium

 
 Ben Thorne         Tel: 020 7484 4040 
 Paul Chamberlain

This information is provided by RNS

The company news service from the London Stock Exchange

END

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