http://www.ssaglobal.com/documents/ABB.doc

Good news.

Is contract really worth only $3.5m which sounds like it just licence cost for an additional 1,100 seats. Ongoing support fees at say .20% of licence cost would be in order of $3m pa.

In addition to this the project costs for the migration of the existing users (around the world) to LN would be fairly significant.

It will be interesting to watch as the project unfolds and we see some non-SSA reports. The project is probably worth more like $30 m to SSA.

Terry

Hi terry,

you can rest assured, that the 3.5m covers more than the licence cost. Why?

a) A customer of that size does not pay 1000$ per licence. Especially named licences.

b) SSA will give a hefty discount just for the press release itself.