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13/12/2011

Advanced Computer Software CEO Vin Murria says shares represent value compared to peers in the sector

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Additional Information
Market: AIM
Sector: Software & Computer Services
EPIC: ASW
Latest Price: 53.50p  (0,00%)
52-week High: 58.00p
52-week Low: 30.88p
Market Cap: 190.70M
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Advanced Computer Software Group plc
www.advancedcomputersoftware.com

Advanced Computer Software Plc comprises three main divisions: Business Solutions, Health & Care and Managed Services. Together, these divisions provide a range of software and IT services that enable public, private and third sector organisations to retain control, improve visibility and gain efficiencies through streamlined processes.

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Advanced Computer Software Group signs £17 million deal with NI health department

31st Oct 2011, 7:32 am by Jon Mainwaring Advanced Computer Software supplies patient management software to the healthcare sector

Advanced Computer Software Group (LON:ASW) announced this morning that it has signed a 10-year, £17 million contract with Northern Ireland’s Department of Health, Social Care and Public Safety to supply a province-wide finance, procurement and logistics IT system.

The IT system is part of the ‘Business Services Transformation Programme’ that is aimed at saving Northern Ireland’s health and social care services more than £8 million per annum over a 10-year contract. The contract will help to streamline processes as well as reduce administration and purchasing costs, said Advanced Computer Software today.

“This key contract win is a clear demonstration of our group-wide capabilities to provide a range of interlocking services and products to enable our customers to materially improve their operational efficiencies and reduce costs,” commented Vin Murria, Advanced Computer Software’s chief executive.

Advanced Computer Software supplies patient management software to the healthcare sector and back office systems for business and organisations that are both in the public and commercial sectors. The firm’s annual turnover is more than £95 million, with 850 staff serving approximately 7,000 customers in the UK.

Originally established to consolidate the fragmented ‘primary care’ software market, the group now comprises three divisions aimed at addressing the needs of both public and private sector organisations. Its Health and Care division sells a range of products to the National Health Service and the private sector, including: patient workflow and case management for social care providers; mobile applications for care in the community; and rostering applications for social care settings.


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