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HANSEN TECHNOLOGIES LIMITED Capital/Financing Update 2007
65073_rns_2007-06-20_e4dbae9d-ec4e-4eaf-98d3-bae494e8914b.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
$24.1$ $\ldots$ $2007$
Hansen signs second contract with Tesco in the United Kingdom
Hansen Technologies Limited (ASX: HSN), announced today it has reached agreement with Tesco Mobile, the UK's fastest growing mobile operator, for the provision and implementation of an innovative billing solution.
This new agreement is for Hansen to provide Tesco Mobile with a fully integrated and hosted managed service, using Hansen's proprietary HUB billing software as the foundation solution.
The contract represents a revenue opportunity for Hansen over the 12 month delivery period of approximately \$A 6 million.
"The selection of Hansen as the provider of this new billing solution for Tesco Mobile is a strong endorsement of our two companies' strategic relationship", said Andrew Hansen, Managing Director of Hansen.
About Hansen Technologies (www.hsntech.com)
Hansen Technologies Limited is a leading provider of proprietary billing solutions and IT outsourcing services, with customers around the world. Its flagship HUB billing software has applications across the telecommunication, electricity, gas and water industries. Hansen also provides facilities managed and outsourcing services from its purpose-built data centres in Melbourne and Sydney. Founded in 1971, Hansen has offices in Australia, the United Kingdom and the United States.
About Tesco (www.tescocorporate.com)
Tesco is the UK's largest retailer and one of the world's leading international retailers. The Tesco group had a turnover of £41.8 billion with pre-tax profits of £2.2 billion in the year to February 2006. Tesco operates over 2,670 stores emploving over 370,000 people. Outside the UK, the Tesco group operates in 11 countries across Europe and Asia. In Europe, Tesco operates 363 stores and has over 68,000 employees in the Czech Republic, Hungary, Republic of Ireland, Poland, Slovakia and Turkey. In Asia, Tesco operates 444 stores and employs over 56,000 people in China, Japan, Malaysia, South Korea and Thailand.
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Hansen Technologies Limited
ABN 90 090 908 455
2 Frederick St P.O. Box 6127 Doncaster 3108 Victoria Australia Telephone + 61.3.9840.3000 Facsimile + 61.3.9840.3099
www.hsptech.com
For further information on this statement, contact:
Andrew Hansen Managing Director
Hansen Technologies Limited (613) 9840 3000
Gareth Kentish European Director Hansen Technologies Limited
(44) 20 8614 8700
Joanna Kinloch, Tesco Telecoms, [email protected], 07770 435 943