Corporate Updates

iSOFT wins three key contracts totalling A$ 1.6 million (US$ 1.25m), for its Integra financial solution

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iSOFT Group Limited, Australia’s largest listed health information technology company today announced three key contracts for its Integra suite of Web-enabled financial and purchasing solutions, including two in new sectors that offer growth potential for iSOFT’s Business Solutions unit. The agreements, totalling about A$ 1.6 million (US$ 1.25m), are with Australia’s St Vincent’s and Holy Spirit; Scope, a U.K charity for people with disabilities; and U.K housing association – Spectrum Housing Group. About A$ 400,000 (US$ 310,728) of the total is for software licenses, A$ 700,000 (US$ 543,774) is for implementation services, and A$ 530,000 (US$ 411,715) is for support and maintenance over five years. ‘These deals demonstrate that our financial solutions business is gaining traction with a wider, global customer base against other competing financial solutions,” said Eamonn Morris, Managing Director of iSOFT Business Solutions. “We identified public sector markets as being particularly suitable for our Integra suite of solutions, and it’s pleasing to see these efforts are already paying off.’

In its third contract for Integra in Australia, iSOFT will install a complete financial and e-purchasing solution for St Vincent’s and Holy Spirit, including modules for Web-requisitioning and business intelligence. iSOFT has identified a demand for modern, Web-based solutions that drive-out inefficiencies in finance and purchasing processes to reduce costs. In the U.K, Scope is buying an Integra e-procurement solution to raise orders online at its London head office and 370 shops across England and Wales. It will also use the OCR (optical character recognition) module to scan invoices, eliminate errors and speed the approval process. The charity expects savings of

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