[12.02.2008]

£2.5 million Contract Extension with Costa Coffee

Alphameric, the provider of software solutions for the Leisure and Hospitality sectors, announces that Costa Coffee has extended its current contract with Alphameric Hospitality for a further two years from March 2009 to March 2011. The contract extension has an expected value in excess of £2.5 million.

Under the agreement Alphameric Hospitality will continue to deliver Caterwide, its web based ERP solution, together with tilling and services to Costa's existing and planned new shops in the UK and Ireland.

The contract, originally awarded to Alphameric Hospitality in 2002, covers web based ordering, stock control, MIS, cash management, EPOS tilling and a web based time and attendance module.

Ben Wishart, CIO of Whitbread (parent company of Costa Coffee), said,

'For five years, Alphameric Hospitality has provided us with reliable and stable solutions for our ordering, stock control and tilling. During this time Alphameric has helped us resolve some important business issues within the outlets and head office for management information and additional solutions within the outlets. The Alphameric team has performed an excellent job from training through to implementation and support throughout a period of sustained expansion and we are delighted to extend this relationship.'

Alan Morcombe, Chief Executive of Alphameric, commented,

'We are delighted to have extended our relationship with Costa Coffee. We have now supplied business critical systems to Costa for 5 years and see this latest extension as endorsement of the success of our long term partnerships with our clients in building our Hospitality business. Caterwide, our web based Enterprise Resource Planning solution, continues to deliver substantial operational efficiencies and financial benefits for our clients. More than ever, retailers wish to employ solutions that give real tangible payback on the cost of investment through the achievement of increased business efficiency and profit improvement. While Caterwide offers clear benefits for outlet managers, it is also providing measurable results across the Costa business.'