ISS Group receives North American, European orders

Nedlands-based information and technology company ISS Group Ltd has received initial orders at its North American and European offices for a rollout of their software.

The company announced to the ASX late last month that it expected to book no new contracts for this financial year, saying it expected to record "at best a break even result".

The full text of a company announcement is pasted below

PERTH, Western Australia ­ ISS Group Limited (ASX: ISS) is pleased to announce, after substantial investment in marketing overseas, the receipt of initial orders in our North American and European Offices and continuing orders in Asia.

ISS Group has been committed to strategically resourcing our international branches over the last two years. This is beginning to pay dividends as ISS has now received firm orders from leading players in the global energy, oil, gas and process markets.

Based in Houston, Texas, the ISS Group North America office has recently received orders from Hess Oil in Houston (via our partner company Industrial Evolution Inc), and a specialty electronics chemical producer in Northeast USA, to install ISS software products. These orders demonstrate the cross-industry capability of our product line and are supportive of significant opportunities for expansion.

Based in Southampton, UK, our European office has also confirmed receipt of orders from Huntsman Chemicals (now Sabic) and BG International Ltd (formally British Gas). The BG order covers the design for a global rollout of ISS software across the BG Group assets.

Based in Singapore, ISS Group Asia is continuing to receive orders in the region from companies such as ConocoPhillips, Petronas, Kodeco as well as ongoing work with Saudi Aramco.

In addition to the new orders received, each of the branch offices has a very healthy pipeline of sales opportunities coming into the 2008 financial year.

Mr Grant Eggleton, ISS Group Global Business Development Manager said, "We are extremely pleased to see the positive response our products are receiving from overseas in the receipt of these firm orders. It is also interesting to see the products beginning to be used in other verticals such as food, cement, chemicals and electronics. The potential for ISS Group in overseas markets is quite significant and we hope this is a good indication of the future".