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@UK has launched its @Australia marketplace with visa

Sep 25, 2012

Embargoed for 7:00am release

25 September 2012

 

@UK PLC

("@UK" or the "Company")

Launch of @Australia

@UK PLC (AIM:ATUK.L), the cloud e-Commerce marketplace, is pleased to announce the launch of @Australia at a presentation to a group of 70 Australian procurement professionals, representing organisations from within the Private Sector, Federal Government, State and Local Government.  The launch of the Australian version of the @UK eMarketplace is in collaboration with Visa Worldwide Pte Ltd.

The response was enthusiastic and delegates commented that the cloud based procurement service was a significant advance from the current solutions available in the Australian market, which are particularly focused on sourcing and traditional catalogue solutions.

Anthony Jones, Director, Commercial Solutions at Visa said: -

"The delegates were very excited about the solution as it provides a fully integrated source to payment service which is secure and most importantly easy to use without training.  Current solutions in the Australian market are stand alone and payment is a detached process. Given the pressure for savings across the Australian economy we see the joint solution as a key part of the answer."

Lyn Duncan co-founder of @UK said: -

"We are delighted with the response from the Australian procurement professionals and their understanding of how our complete procurement solution will deliver significant savings across their organisations.  We look forward to delivering our solutions in collaboration with Visa and its member banks."

Enquiries:

@UK PLC

Ronald Duncan, Chairman

Tel: 0118 963 7000
 

Westhouse Securities Limited

Tom Griffiths/ Richard Johnson

Tel: 020 7601 6100
 

Newgate Threadneedle

Caroline Evans-Jones/ Alex White

Tel: 020 7653 9850

@UK PLC

@UK is Europe's leading Cloud Platform with over 1 million users, which is used for Universities' and Colleges' procurement along with Local Authority, Schools and other Government and Private sector procurement.

The GeM marketplace for Universities on Colleges is the only card based national marketplace in the world and was successfully delivered for the 800 Universities and Colleges and the 680 National Suppliers, proving that Cloud Ecommerce delivers large complex projects for Government on time and budget.

Richard Benyon MP Minster for the Natural Environment, launched the @UK Green Ecommerce Marketplace back in October 2010, and it is now the largest repository of product carbon footprints in the World.

@UK was used by the National Audit Office to identify over £500 million in savings for 25% of NHS spend.  The ground breaking SpendInsight system used to identify the savings resulted in the award of 2 PhD's in artificial intelligence.

@UK delivers key government commitments of Savings Sustainability, and SME Inclusion along with support for start-ups.  @UK PLC has now created over 200,000 start up businesses and recently launched a new Cloud-Start-Up.com service to provide a complete suite of cloud business software to start-ups along with the essentials of Limited Company, Bank Account, Domain Name, Email, Ecommerce, Accounting system and membership of the @UK business club.

This has been followed by the announcement of the 2012StartUp.com campaign, which is supported by the AIM market of the London Stock Exchange, the Forum of Private Business, and Software Industry Association BASDA.  The campaign aims for a 27% growth of 100,000 start up companies and growth for existing businesses.  It is a practical campaign that will result in companies being formed and growing through @UK's technology.

@UK has 6 key competitive advantages

  • SpendInsight uses unique artificial intelligence to automatically identify savings and is available on a national framework contract
  • Ecommerce Marketplace realises the savings through correct pricing vs catalogue marketplaces which are unable to support carriage, or complex pricing
  • GreenInsight provides unique sustainability analysis and
  • Hybrid Carbon Footprints enabling universal carbon footprints at a price break through of £4 per item
  • High performance cloud technology underpinning the system
  • Start up service allowing start ups to immediately start trading

These services are all immediately available to public sector bodies via the G-Cloud framework where @UK is a provider of services in all 4 lots (IaaS, PaaS, SaaS and other services).

 

@UK is included in the Software and Computer Services Sector (9530). 

For further information please visit the @UK PLC websites

Investor Site http://www.uk-plc.net/invest 

Main Site http://www.uk-plc.net 

SpendInsight Site http://www.spendinsight.com 

GreenInsight Site http://www.green-insight.com 

Hybrid Carbon Footprint Site http://www.hybridcarbonfootprint.com 

Cloud-Start-Up.com http://cstartup.com 

2012StartUp.com http://www.2012Startup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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