Released on: April 9, 2008, 9:28 am

Press Release Author: COA Solutions

Industry: Human Resources

Press Release Summary: COA Solutions has become a major player in the UK human
resources software market with acquisition of ASR (www.asr.co.uk)

Press Release Body: COA Solutions Ltd. (formerly CedarOpenAccounts), a UK provider
of business and information management systems, has today announced the acquisition
of UK human resource (HR) software company, ASR Computers Ltd (www.asr.co.uk). This
acquisition consolidates COA Solutions' position as one of the leading UK-based
human capital management (HCM) solution providers.



The acquisition of ASR, the company's ninth in the past five years, supports COA
Solutions' strategy of delivering market-leading human resource software to UK
service industry organisations. This deal, in conjunction with COA Solutions'
previous acquisitions of HR and payroll specialists OpenPeople, Goldenhill and
Strata, elevates the company to one of the leaders in the UK HCM market, which is
worth an estimated £240 million.



ASR has 400 customers within both the private and public sectors and its solutions
cover the complete spectrum of HR requirements including personnel, training,
recruitment, succession planning, self-service and workflow. This software portfolio
will add considerable breadth to COA Solutions' Smart Business Suite, which
comprises finance, human resource, payroll, procurement, business intelligence and
document management solutions.



Mark Thompson, COA Solutions' managing director says, "This is a very exciting
acquisition that demonstrates our determination to sustain the rapid growth of COA
Solutions in the UK HCM market, whilst continuing to be a force in the rapidly
consolidating UK business software market. It also proves our commitment to
understanding and responding to our customers' requirements."



Thompson continues, "ASR is a UK-leading HR provider with award-winning solutions, a
strong reputation and a complementary focus on UK service sector organisations. This
acquisition extends our product offering and provides both COA Solutions and ASR
customers with even greater functionality to fulfil their business needs."



ASR will remain at its Harpenden office and will continue to operate as a separate
business, supporting existing customers and partners. The terms of the deal have not
been disclosed.



-Ends-



Notes to Editor



If you would be interested in a phone interview with COA Solutions, please contact
Liz Ebbrell on liz.ebbrell@coasolutions.com Tel: +44(0)1625 856505



About COA Solutions Ltd www.coasolutions.com

COA Solutions (formerly CedarOpenAccounts) is the UK's leading supplier of
integrated business management and information systems to public, private and
not-for-profit organisations in the service sector. COA Solutions prides itself on
getting close to its customers by understanding their businesses and responding to
their business needs.



COA Solutions' award-winning Smart Business Suite combines core financial
management, procurement, human resource and payroll systems, integrated with a range
of collaborative, document management and business intelligence solutions. These
solutions extend the value and effectiveness of the finance, HR and payroll
departments across the organisation and enable managers in the business to monitor,
analyse and continually improve corporate performance.



COA Solutions has more than 450 experienced and professional staff supporting and
servicing over 3,000 clients across the UK service sector including Companies House,
Newcastle City Council, WHSmith, Royal Bank of Scotland, Aer Lingus, National
Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.



About ASR Computers Ltd. www.asr.co.uk

ASR Computers Ltd. was formed in 1987 to produce HR systems and satisfy the need for
a mid-range, human resources software provider. The company now has over 400
customers. ASR\'s solutions cover the complete spectrum of HR requirements including
personnel, training, recruitment, succession planning, e-HR and payroll. These can
be used separately or combined to form a fully integrated solution.



Contact:

Liz Ebbrell, COA Solutions

Liz.ebbrell@coasolutions.com

+44 (0)1625 856505 or 07917 634 705

www.coasolutions.com


Web Site: http://www.coasolutions.com

Contact Details: marketing@coasolutions.com
www.coasolutions.com
+44(0)1932 584000