Re Contract

Date : 09/06/2004 @ 2:01AM
Source : UK Regulatory (RNS & others)
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Re Contract

RNS Number:6240C
ITNET PLC
06 September 2004


    ITNET continues to support Cadbury Schweppes with #7.4 million, two-year
                               contract extension

 Building on the 13% cost reduction delivered by ITNET over the past 12 months

Cadbury Schweppes has extended its contract with leading IT, business consulting
and business process outsourcing company, ITNET, for a further two years. The
#7.4 million deal, for desktop and data centre hosting services, will provide
Cadbury with some significant costs savings and ensure a period of stability
while it goes through major system change in the period 2004 - 2006.

ITNET will continue to host and support Cadbury's UNIX and NT platforms, provide
print services and provide disaster recovery for a number of hardware systems
until the end of 2006. Also, as part of a full service improvement programme,
ITNET will deliver Cadbury a 10% saving in the current cost of supporting the
midrange environment.

ITNET will also deliver a 5% cost reduction to the mainframe and disaster
recovery services it provides for Cadbury's legacy systems. These services and
mainframe applications support will run until the middle of 2005 when all
remaining mainframe legacy systems are due to have been replaced by SAP.

Finally, the deal also extends ITNET's desktop support services for another two
years. ITNET has already delivered Cadbury a 13% cost reduction in this area
over the past 12-months.

John Murphy, IT Director, EMEA at Cadbury Schweppes, commented:

"As an ex-Cadbury company we have a strong on-going relationship with ITNET and
have committed to stay with them for a further two years as they have a proven
track record in delivering cost effective services and support to our business.

Jan Woolf, managing director ITNET commercial division, comments:

"We are delighted that Cadbury Schweppes have chosen to extend their contract
with us.  As a very long-term customer, they are very important to us and we
look forward to working closely with them to help them achieve all their
strategic IT objectives going forward."

Ends

About ITNET Plc

ITNET is a leading IT, business consulting and business process outsourcing
company and has delivered effective business solutions to organisations since
1987.  Customers gain from a shared investment in ITNET's people and technology,
and its wealth of industry process experience to release business benefits.

ITNET prides itself on its rapport with its customers and partners and its
philosophy is to manage the relationship rather than the contract.

Its commercial division focuses on a number of key markets including transport
and services. Its public sector division is a market leader in local government,
providing electronic service delivery through its OneGov suite of solutions.

As well as a wealth of proven expertise in a variety of outsourcing services,
ITNET also delivers application solutions in areas such as SAP, e-procurement,
e-commerce, CRM, change management and web hosting.

In 2003, turnover increased to #188.5million. ITNET employs more than 2200
people throughout the UK.  It has over 250 major customers in the UK, including
public sector organisations and medium to large blue chip commercial
enterprises.  ITNET's shares are listed on the London Stock Exchange.

www.itnetplc.com

About Cadbury Schweppes
Cadbury Schweppes is a major global company which manufactures, markets and 
distributes branded beverages and confectionery products around the world.  With 
origins stretching back over 200 years, today Cadbury Schweppes' products - 
which include brands such as Cadbury,Schweppes, Halls, Trident, Dr Pepper, 
Snapple, Trebor, Dentyne, Bubblicious and Bassett - are enjoyed in almost every 
country around the world.  The group employs around 54,000 people and is a 
leading world-wide confectionery company.  It is number one in sugar and 
functional confectionery, a strong number two in gum and the world's third 
largest soft drinks company.

For more information

Isobel Cogley, ITNET               Natalie Prichard, Citigate Dewe Rogerson
Tel: + 44 (0) 121 258 5123         Tel: + 44 (0) 1604 232223
pressoffice@itnetplc.com           Natalie.prichard@citigatedr.co.uk

Fergus Wylie, Cubitt Consulting
Tel+ 44(0) 207 367 5100
fergus.wylie@cubitt.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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