Home | Products | Company information | News & media | Customers | Financial information | Working for iSOFT | Contacts
Latest news | News archive | Logos & images
2008 | 2007 | 2006 | 2005 | 2004
Graphical version
2006
| 25 August 2006 | ||||||||||||||||||||
iSOFT announces UK contract agreements | ||||||||||||||||||||
|
iSOFT Group plc today issued an announcement on an agreement with Computer Sciences Corporation (CSC) for delivery into the North West and West Midlands regional cluster of the National Programme for IT (NPfIT) and on the installation of iSOFT software in London and Southern regions. iSOFT has signed a Memorandum of Understanding with CSC confirming the schedule under which it will deliver product and services to CSC in the North West and West Midlands regional cluster. The agreement is valued at up to £153 million, subject to the satisfactory achievement of delivery milestones, with the opportunity to win additional NPfIT business in future through CSC in certain circumstances. Under this agreement, iSOFT has made a number of commitments in respect to the future development of its products for the NPfIT and the costs that it will bear for that work. CSC will have the right to take over the management of the development team in the event that iSOFT is unable to fulfill its obligations. However the rights to the IPR remain with iSOFT under all circumstances. This agreement offers greater certainty of cash flow to iSOFT as payments are tied to specific milestones, tied for the most part to software incremental releases. iSOFT also announces that it will continue to supply an enhanced service to seven NHS iSOFT Trusts in the London and Southern Clusters. The announcement follows an agreement between Connecting for Health (CfH) and CSC to deliver the next phase of patient administration and clinical software to these hospitals. The seven hospitals, all in the Southern or London clusters, have been using iSOFT products to deliver healthcare information for a number of years. The contract will last until 2008 with options to extend until 2011 and covers: Epsom and St Helier University Hospitals NHS Trust, Great Ormond Street Hospital for Children NHS Trust, Guy's and St Thomas' NHS Foundation Trust, King's College Hospital NHS Trust, Lewisham Hospital NHS Trust, Plymouth Hospitals NHS Trust and Salisbury NHS Foundation Trust. John Weston, Chairman and acting Chief Executive Officer, said: "We are pleased that CSC and these Trusts, whom we have been working alongside for a number of years, have demonstrated their continuing confidence in the iSOFT solution." Regarding the seven Trusts, CSC's UK CEO, Keith Wilman, commented: "We are delighted to build on our experience of deploying and supporting iSOFT systems through this new agreement. We now look forward to working with the seven Trusts to deliver benefits, improvements and enhancements to their IT systems as part of the National Programme." For further information, please contact: |
||||||||||||||||||||
|