Sydney, Nov 20, 2007 AEST (ABN Newswire) - IBA Health Limited (ASX: IBA) - Australia's largest listed specialist information technology company, today announced a $2.75 million (Pounds1.2 million) contract to provide a consortium of six NHS trusts in the north-west of England with the Oracle e-Business suite of software as a managed service.

The five year contract was awarded to IB Solutions, a subsidiary of IBA. IB Solutions will provide a fully hosted managed service from the company's data centre located at Prestwich in Manchester.

IB Solutions is the largest provider of financial and procurement applications and services to the NHS (National Health Service) in England with a 52% market share. It provides its own Integra web-enabled financial application to 105 NHS trusts and runs an Oracle managed service for another 140 NHS trusts. It also lists 40 local government authorities in England among its customers for Integra as well as several large police and emergency services authorities.

IB Solutions is renowned as one the country's foremost providers of financial and procurement applications and services to the public sector throughout the UK and Ireland. It has built a strong reputation over 20 years for professional and reliable customer service while continually exceeding agreed service levels.

IB Solutions' Managing Director Eamonn Morris said, "IB Solutions has built a reputation with its Integra product which is second to none within the public sector across the UK and Ireland. Now with a highly skilled team of Oracle consultants both technical and functional, we have created a Centre of Excellence for the Oracle e-Business suite and earned an unparalleled reputation for continuity of service and value for money."

Gary Cohen Executive Chairman and CEO of IBA said, "Eamonn and his team have demonstrated their value in yet another long term consolidation of core functions for a health authority in the UK health market. The consolidation of financial and e-business applications onto managed service platforms is an increasing trend across the European market and we are well placed to continue to capture these opportunities given the strength of our position in Europe."

Contact

Gary Cohen
Executive Chairman & CEO
IBA Health Limited
Phone: +61 2 8251 6700
Email: gary.cohen@ibahealth.com

Greg King
Group Communications & Marketing Director
Phone: +61 413 621 111
Email: greg.king@ibahealth.com


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