Trading Statement
19 Janeiro 2009 - 5:00AM
UK Regulatory
TIDMOCR
RNS Number : 8249L
OneClickHR PLC
19 January 2009
Embargoed Release: 07:00hrs Monday 19 January 2009
OneClickHR plc
('OneClickHR' or the 'Group')
Trading Update
OneClickHR, the AIM quoted HR software, training services and solutions
provider, is pleased to announce further contract wins for its HR software,
HR.net, together with a trading update for its financial year ended 31 December
2008.
In the last quarter of 2008, a number of additional customers signed to HR.net,
including EMI Music who intend implement the software across its 4,000 staff
worldwide.
Hilton Hotels also signed an agreement with the Group; it will implement HR.net
software on a 'Software as a Service' ('SaaS') basis to manage over 10,000
employees across 77 hotels in the UK and Ireland.
Additionally, through our technology agreement with Ceridian Corporation
('Ceridian'), we are pleased to note that the HR.net technology is supporting
Ceridian's delivery of HR services to Whitbread plc and its 30,000 staff.
The Group is pleased to announce that in the year to 31 December 2008, profit
and cash generation were ahead of management expectations. The full results for
the 2008 financial year will be announced following the annual audit.
Frank Beechinor of OneClickHR, commented:
"We are delighted to add these prestigious blue chip clients to our
ever-increasing client base and are especially pleased to report our largest
ever SaaS agreement with Hilton Hotels. This underlines the growing acceptance
of the software rental model and provides a contracted revenue stream for the
Group in the future.
During the last year we have focussed on increasing both the customer list and
the financial strength of the Group and this strategy is reaping dividends as we
can report that the Group's profit and cash generation have surpassed
expectation."
-Ends-
Enquiries:
OneClickHR plc +44 (0)844 7700 250
Frank Beechinor, CEO
KBC Peel Hunt Ltd, Nominated Adviser and Broker +44 (0)20 7418 8900
Oliver Scott / Oliver Stratton
Hansard Group +44 (0)20 7245
1100
Adam Reynolds / Vikki Krause
About OneClickHR:
Designed and developed by OneClickHR plc the HR.net software was designed for
rapid deployment in a standard web enabled environment. All users need is an
internet browser.
Available as a traditional licence purchase or as a SaaS (Software as a Service)
solution HR.net provides total flexibility to enable clients to configure their
entire HR processes to meet local, national, international and company specific
requirements. Annual Appraisals, Employee Self Service, E-Recruitment,
Performance Management, Talent Management and Salary Reviews can all be swiftly
implemented with the confidence of using up to date and accurate data.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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