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TMCNet:  BAE SYSTEMS: BAE Systems' Shared Services Increases Investment in 
Maconomy's Business Reporting Suite; Company purchases additional 
functionality and adds 975 new users to AnalytiX

[December 17, 2007]

BAE SYSTEMS: BAE Systems' Shared Services Increases Investment in Maconomy's Business Reporting Suite; Company purchases additional functionality and adds 975 new users to AnalytiX

(M2 PressWIRE Via Thomson Dialog NewsEdge)

London -- BAE Systems' Shared Services has extended its contract with
Maconomy forupgrade to its latest X+ versionfor up to 975 users
ofAnalytiX, the Maconomy business reporting suite. The new contract
also includes the purchase of additional functionality including; job
budgeting and forecasting, CRM, Microsoft Project integration, Document
Archiving and Single-Sign-On.

"The Maconomy platform has been instrumental in helping BAE Systems'
Shared Services provide internal support and specialist services more
effectively across BAE Systems, its partner companies and external
clients," saidRichard Rowe, Accounting Services Manager for BAE
Systems' Shared Systems."The additional functionality from AnalytiX
will enable us to drive further efficiencies across the business and
deliver greater value to our customers."

"BAE Systems' Shared Services has been a Maconomy customer since 2001
and is an excellent example of how we are able to scale our solutions
to support the growth of our customers' businesses," commented Hugh
Stafford-Smith, CEO of Maconomy UK. "We are delighted to be able to
continue to help dynamic organisations such as BAE Systems make their
services more efficient and market driven."

BAE Systems is the premier global defence and aerospace company
delivering a full range of products and services for air, land and
naval forces, as well as advanced electronics, information technology
solutions and customer support services. With 96,000 employees
worldwide, BAE Systems' sales exceeded GBP15 billion (US $27 billion)
in 2006*.*On a pro forma basis, assuming BAE Systems had owned Armor
Holdings Inc for the whole of 2006

About Maconomy

Maconomy is a global provider of industry-specific business solutions
for professional services companies such as engineering consulting
firms, marketing communications organisations, as well as tax firms,
law firms and research institutes.

Maconomy business solutions enable customers to optimise project
planning and management, fully utilise their resources, manage costs
and drive profitable behaviour throughout their organisation. With our
solutions and consulting services, we aim to help customers to
establish a continuous cycle of improvement to ensure the health, and
wealth, of their business.

Customers include Deloitte, Instituteof Marine Research, KPMG
Switzerland, Millward Brown, DHI Water & Environment, Atkins Danmark,
PricewaterhouseCoopers, Ramboll, Research International, Technia,
WM-data - a LogicaCMG company, and agencies within all of the global
networks, such as Interpublic, Omnicom Group, Publicis Groupe and WPP.

Maconomy A/S was founded in 1989 and corporate headquarters are located
in Copenhagen, Denmark. Maconomy services and supports more than 600
customers in over 50 countries through our offices in the U.S.and
across Europe, and through an extensive partner network. Today, more
than 100,000 users worldwide use business solutions from Maconomy.

Kate Garratt, SPARX Communications, 93-95 Gloucester Place, London, W1U

CONTACT: Tom Cowle, Media Contact, SPARX Communications
Tel: +44 (0)207 487 8443
Kate Garratt, SPARX Communications
Tel: +44 (0)207 487 8443

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