Maconomy has signed a new large contract with Publicis Group, Re:sources in UK for purchase and implementation of additional 395 users at several sites in India.
This contract builds upon a well established relationship to Publicis Groupe in UK. In March 2004 Maconomy announced a closing of a contract for 1500 licenses, a number which have been expanded through the years. The present agreement includes Maconomy and Oracle licenses and professional services. The project will roll out a Re:Sources London Maconomy Shared Services Solution as the job management, billing, purchasing, time recording, and accounting system to several Publicis Groupe Agencies in Mumbai, Delhi and Bangalore. The agreement includes an option for an additional 500 users to be implemented at other Publicis Groupe India agencies.
This announcement does not affect Maconomy’s financial expectations for 2007.