2003 ASX Announcements

Objective Corporation signs contract worth $10 million with the Scottish Executive

Objective Corporation (ASX:OCL) today announced it had signed a major contract with the Scottish Executive to deliver an electronic document and records management (EDRM) solution for 5400 users.

The contract extends for a period of 5 years and represents a minimum value of approximately AUD $10 million.

The Scottish Executive is the devolved government for Scotland, responsible for most of the issues of day-to-day concern to the citizens of Scotland. It is comprised of 8 departments including: health, education, justice, rural affairs, transport, social services, finance and corporate services. It manages an annual budget of more than £20 billion.

The contract covers the deployment of Objective's EDRM solution to 5400 users, across multiple agencies and departments. The solution will be composed of 28 connected servers using Objective's multi-server technology.

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About the Scottish Executive

The Scottish Executive is the devolved government for Scotland.

The Scottish Executive manages an annual budget of more than £20 billion in the financial year 2002-2003 that is due to rise to almost £26 billion in 2005-2006.

The Executive was established in 1999, following the first elections to the Scottish Parliament. It is a coalition between the Scottish Labour Party and the Scottish Liberal Democrat Party.

The Executive is led by a First Minister who is nominated by the Parliament and in turn appoints the other Scottish Ministers who make up the Cabinet.

Executive civil servants are accountable to Scottish Ministers, who are themselves accountable to the Scottish Parliament.

www.scotland.gov.uk