Question-and-Answer Session
Operator
Thank you. (Operator Instructions) Your first question comes from Joe Giamichael - Rodman & Renshaw, LLC.
Joe Giamichael - Rodman & Renshaw, LLC
The company's had a number of different contract announcements throughout the quarter. Do you mind just sort of walking us through what you feel are the most significant announcements, excluding the potential military contract and how that's been progressing.
Najeeb Ghauri
Yes, Joe, I will come in and Naeem will answer more up to date.
Definitely, the announcements we have made -
[break in audio]
Joe Giamichael - Rodman & Renshaw, LLC
I'm sorry. Can you hear me?
Najeeb Ghauri
There's some background noise, Joe.
[break in audio]
Najeeb Ghauri
Hello? Joe, I think you have some background noise.
Joe Giamichael - Rodman & Renshaw, LLC
I'm here. I'm sorry. I don't know where the interference is coming from.
Naeem Ghauri
Okay, okay. Najeeb, do you want me to pick this up?
Najeeb Ghauri
Go ahead.
Naeem Ghauri
Okay. Yes, Joe, the most significant contract - there's two of them, in fact, almost equal size - they're from China. They both are LeaseSoft [NSS] contracts, and one of them is with the Minsheng bank; there's a wholly owned subsidiary called Minsheng Financial Leasing Company. So that's one. And the other one, we haven't named the client, but it's a captive auto finance company with a European bank as a partner with a major automotive company in China.
Those are quite significant. We've only just started the actual implementation, so we believe that these two will actually grow in terms of revenue as they put in more and more phases, and so really those two are the biggest.
And then we've signed another good-sized deal in the U.K. with a loan and finance company.
Those are the three that stand out. We also announced a deal in Mexico, so really all in all they're all good-sized deals, with two which are the biggest - the first two.
Joe Giamichael - Rodman & Renshaw, LLC
And then just to touch upon the military contract, I know it's still in the competitive phase but do you have any sense for what the timeframe is prior to the decision?
Najeeb Ghauri
Yes, Joe, let me answer that.
As I said, it is a very competitive process between all the bidders, and the client is obviously a military situation. Nobody can put any timeframe here, but we are cautiously optimistic. And the good thing is we have not factored any impact of revenue in our outlook for 2010, the way we look at the outlook of the company. So if it happens within this year, then obviously we'll come back and update our projections in a different way, but other than that we believe that we're comfortable with our continuous outlook on [inaudible].
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