Anyone else been following Tennyson? New business plan, expecting more new contracts, could it be a mover again soon?
TENNYSON NETWORKS LIMITED
Tennyson Networks Ltd (ASX: TNY) today announced PowerSOX has been selected as the customer contact solution for Dun & Bradstreet Australasia's (DBA's) expanding receivables management business and a full service consumer credit bureau.
DBA's CEO, Ms Christine Christian, said: "The increased emphasis on cashflow by the business community and the desire to partner with Australia's leading brand has led to significant growth in DBA's receivables management and receivables outsourcing services.
"As announced last month, DBA is also launching a broad-based full service consumer credit bureau in July 2002. An advanced, flexible call centre operation is an important component in the continued growth of our receivables businesses and the establishment of the bureau. We are very pleased with the functionality and support PowerSOX can provide for our business."
DBA's call centre operation is a joint venture with Datacom, a leading Australia/New Zealand-owned IT outsourcing organisation.
"The selection of the PowerSOX solution was critical to meeting the needs of our customers," Ms Christian said.
Mr Leigh Coleman, CEO of Tennyson Networks, sees winning the contract as a major milestone for Tennyson.
"We are pleased to have secured a company of the calibre of Dun & Bradstreet as a PowerSOX customer. Over the last two months, we have successfully completed the pilot system trial to DBA's stringent business requirements and continue to provide a live call centre site at our Notting Hill office.
"The initial site in Melbourne will be for 120 agents, followed by installations in Sydney for 20 agents and then in Wellington, New Zealand, for 50 agents. We also expect the Melbourne and Sydney sites to expand to 200 and 50 agents, respectively, by the end of 2002," Mr Coleman said.
Mr Coleman said Tennyson anticipates that further sales of PowerSOX systems in the second half of 2002 should have a significant impact on revenues.
