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A selection of news and recent announcements can be found here.
EU Supply PLC : Contract Wins and Completion of Work
RNS Number : 6451U EU Supply PLC 26 October 2017 26 October 2017 EU Supply plc ("EU Supply" or the "Company" or the "Group") Contract Wins and Completion of Work EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has signed……
RNS Number : 6451U
EU Supply PLC
26 October 2017
26 October 2017
EU Supply plc
("EU Supply" or the "Company" or the "Group")
Contract Wins and Completion of Work
EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has signed a number of small contracts and has completed a development project.
A number of small contracts have been signed by the Group and its partners with a Danish utility company, Port of Rotterdam Authority and 3 municipalities in Denmark (Tønder, Aabenraa and Haderslev). In addition, the Group has started work on a project for the Norwegian Ministry of Foreign Affairs. All of the above projects are for the delivery of CTMTM as SaaS and related services. Most of the revenues under these contracts will be accrued in 2018.
Finally, following submission of the EUREKA development project's final report to Vinnova, receipt by the Company of the final payment is expected to be received in 2017 as anticipated.
FURTHER ENQUIRIES
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A copy of this announcement is available at www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.
Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.
The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseOsirium Technologies : Contract win
RNS Number : 5207U Osirium Technologies PLC 25 October 2017 25 October 2017 Osirium Technologies plc ("Osirium" or "Group") Contract win with one of the world's largest insurance groups Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to announce……
RNS Number : 5207U
Osirium Technologies PLC
25 October 2017
25 October 2017
Osirium Technologies plc
("Osirium" or "Group")
Contract win with one of the world's largest insurance groups
Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to announce a new customer win with one of the world's largest insurance groups. The contract will run over an initial twelve-month term.
The Group has appointed Osirium to deliver its full PxM product offering of Privileged Account Management, Privileged Task Management and Privileged Session Management modules and associated consultancy services. The remit will include implementing Osirium's PxM product to protect the Group's outsourced IT Helpdesk, core business systems and devices.
David Guyatt, Chief Executive Officer, commented: "We are delighted to sign this major new customer which marks Osirium's first 'land and expand' licensing deployment within the global insurance sector. They wanted a simple to administer but powerful system to protect the Group's IT from internal and external threats. We look forward to working closely with our new partner to combine cyber security with task automation benefits."
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For further information:
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Osirium Technologies plc |
Tel: +44 (0) 118 324 2444 |
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David Guyatt, Chief Executive Officer Rupert Hutton, Chief Financial Officer
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Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) |
Tel: +44 (0) 20 7710 7600 |
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Fred Walsh / Neil Shah / Ben Maddison
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Yellow Jersey PR (Financial PR) Sarah Hollins |
Tel: +44 (0) 7764 947137 |
Notes to Editors:
About Osirium
Osirium Technologies plc (AIM: OSI.L), is a UK headquartered cyber-security Software-as-a-Service ("SaaS") provider. Osirium protects critical IT assets, infrastructure and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.
Osirium has defined and delivered what the Directors view as the next generation PAM (Privileged Access Management) solution. The team has developed the concept of Virtual Air Gap to separate users from passwords, with Osirium's Privileged Task Management module further strengthening Privileged Account security and delivering impressive return on investment benefits for customers.
Founded in 2008 and with its headquarters in Reading, UK, the Group was admitted to AIM in April 2016. For further information please visit www.osirium.com
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseAltitude Group PLC : Partnership Agreement
RNS Number : 3934U Altitude Group PLC 24 October 2017 24 October 2017 ALTITUDE GROUP PLC (the "Company" or "Altitude") Partnership Agreement Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, is pleased to announce a new two year Channl enterprise……
RNS Number : 3934U
Altitude Group PLC
24 October 2017
24 October 2017
ALTITUDE GROUP PLC
(the "Company" or "Altitude")
Partnership Agreement
Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, is pleased to announce a new two year Channl enterprise partnership with Drummond Press Inc ("Drummond") of Jacksonville Florida USA, one of the largest and fastest growing managed print services groups in the south eastern United States, incorporating established current promotional products revenues of circa $3.0 million pa. The main features of the partnership agreement are as follows:
· The Channl platform technology will provide a promotional product ecommerce platform for each of Drummond's approximately 14,000 existing end user customers
· The Drummond Channl sites will feature a curated collection of corporate personalised merchandise provided by Channl's supply partners.
· In addition, Altitude will provide its comprehensive CRM and sales order management system. Both platforms will be provided to Drummond in return for Altitude receiving a share of the throughput supplier revenue from both ecommerce and non-ecommerce transactions.
· Drummond contracts to procure all promotional product supplies through Altitude on an exclusive basis during the contract term and route all current promotional product revenues either through the ecommerce Channl platform or the
sales order management system provided under the partnership agreement
Peter Hallett, Executive Chairman of Altitude, commented: "We are delighted to have been chosen by Drummond to provide our unique Channl technology and supply chain offering. Establishing this new partnership with Drummond, a fast growing and forward-thinking provider of managed print services demonstrates the attractiveness of our Channl and existing CRM and order management solutions as a free and compelling leading edge technology solution for businesses for whom promotional products represent a substantial revenue opportunity."
Enquiries:
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Altitude Group plc Peter Hallett, Executive Chairman |
07887 987469 |
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finnCap ltd |
020 7220 0500 |
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Jonny Franklin-Adams (Corporate Finance) |
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Scott Mathieson (Corporate Finance) |
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Richard Chambers (Corporate broking) |
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The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseCrimson Tide PLC : Series of contract wins for mpro5
RNS Number : 3935U Crimson Tide PLC 24 October 2017 Crimson Tide PLC ("Crimson Tide" or the "Company") SERIES OF CONTRACT WINS FOR MPRO5 Crimson Tide, the leading developer of enterprise smartphone and tablet apps in the cloud, has won a series of long term contracts in the……
RNS Number : 3935U
Crimson Tide PLC
24 October 2017
Crimson Tide PLC
("Crimson Tide" or the "Company")
SERIES OF CONTRACT WINS FOR MPRO5
Crimson Tide, the leading developer of enterprise smartphone and tablet apps in the cloud, has won a series of long term contracts in the UK & Ireland.
The value of the contracts is around £350,000 to the Company in contracted revenue over the term and includes contracts with:-
· Coillte, the forestry and lands solutions organisation which is the custodian of over 7% of the land in Ireland. Coillte will be using mpro5 to efficiently manage and monitor its timber harvesting processes.
· Cambridge University Hospital's AVM Services, a decontamination specialist operating within the NHS Foundation trust, which has signed a 3 year contract to use mpro5, predominantly to carry out the sterilisation of operating theatre equipment and machinery.
· Four additional Facilities Management companies, further strengthening mpro5's presence in this industry.
· Brennans Bread, Ireland's largest bakery, for a further 5 year term, following its previous 3 year contract to use mpro5 via Vodafone.
Barrie Whipp, Executive Chairman commented "We continue to work hard on a number of enterprise level agreements in the UK and overseas. In the meantime, the number of mpro5 contracts that are being won continues to grow, and we are extremely pleased to win such a diverse range of contracts. Our new mpro5 app, written in Angular and Ionic is certainly making the sales process easier".
For further information:
Crimson Tide plc
Barrie Whipp, Executive Chairman 01892 542 444
WH Ireland
James Joyce /James Bavister 020 7220 1666
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseGenedrive PLC : Launches Genedrive? Hepatitis C test in Africa
RNS Number : 2480U Genedrive PLC 23 October 2017 genedrive plc ("genedrive" or the "Company") genedrive launches Genedrive® Hepatitis C test in Africa Genedrive® HCV ID Kit to be launched at IFCC WorldLab 2017 Congress genedrive plc (AIM: GDR), the near patient……
RNS Number : 2480U
Genedrive PLC
23 October 2017
genedrive plc ("genedrive" or the "Company")
genedrive launches Genedrive® Hepatitis C test in Africa
Genedrive® HCV ID Kit to be launched at IFCC WorldLab 2017 Congress
genedrive plc (AIM: GDR), the near patient molecular diagnostics company, will launch the decentralised Hepatitis C assay, Genedrive® HCV ID Kit, at the IFCC WorldLab 2017 Congress from 22 – 25 October 2017 in Durban, South Africa.
genedrive recently announced it had signed a distribution agreement with Sysmex Europe GmbH, a subsidiary of Sysmex Corporation, for the Genedrive® HCV ID Kit and the Genedrive® platform in the EMEA region with an initial focus on Africa, with the rest of the EMEA region to follow. Working together, the companies will focus on securing the required regulatory approvals in individual territories of Africa and genedrive anticipates commercial traction during the 2017/2018 financial year.
The Genedrive® HCV assay is performed on the Genedrive® instrument, an innovative and affordable system providing molecular diagnostics at the point of need. The proprietary assay is performed directly from a small, 30ul plasma sample and does not require a separate viral nucleic acid extraction process. The assay provides results within 90 minutes from lyophilised PCR reagents packaged into a single-use, disposable cartridge.
Come and see Genedrive® HCV ID Kit in action at the Sysmex booth, 30, or for further information visit www.genedrive.com.
WorldLab 2017 is a congress focused on innovative science, evidence-based laboratory medicine and an emphasis on personalised medicine. WorldLab 2017 is also being organized in co-operation with the African Federation of Clinical Chemistry (AFCC).
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For further details please contact:
genedrive plc
David Budd: CEO +44 (0)161 989 0245
Matthew Fowler: CFO
Sysmex Europe GmbH
Fernando Andreu: Senior Executive Officer +49 40 527 260
Jens Behrens: Director, Marketing Communications
Consilium Strategic Communications
Chris Gardner +44 (0)203 709 5700
Matthew Neal
Laura Thornton
Notes to Editors
About genedrive plc
genedrive plc is a molecular diagnostics company developing and commercialising a low cost, rapid, versatile, simple to use and robust point of need molecular diagnostics platform for the diagnosis of infectious diseases and for use in patient stratification (genotyping), pathogen detection and other indications. The Genedrive® platform and MTB/RIF test have been launched in India and a Genedrive® HCV test has received CE-IVD Certification and has been launched in Africa.
Further details can be found at: www.genedriveplc.com and www.genedrive.com
About Sysmex
Sysmex Corporation is a world leader in clinical laboratory systemization and solutions, including laboratory diagnostics, laboratory automation and clinical information systems. Serving customers for more than 40 years, Sysmex focuses on technological leadership in diagnostic science and information tools that make a difference in the health of people worldwide. The company is also exploring emerging opportunities in the life science field. Its R&D efforts focus on the development of high-value-added testing and diagnostic technologies that are innovative, original and optimize individual health. Sysmex also seeks to leverage its state-of-the-art technologies for cell, gene and protein analysis. The company, headquartered in Kobe, Japan, has subsidiaries in North America, Latin America, Europe, the Middle East, Africa, China and Asia Pacific and employs about 8,000 employees worldwide. Sysmex Corporation is listed in the top tier of the Tokyo Stock Exchange. For more information about Sysmex Corporation and its affiliate companies, please visit http://www.sysmex.co.jp/en/, and for details on Sysmex Africa https://www.sysmex.co.za/
About Hepatitis C
Hepatitis C (HCV) is an international public health challenge, comparable to other major communicable diseases, including HIV, tuberculosis and malaria. It is estimated that 150-200 million people, or approximately 3% of the world's population, are living with chronic HCV, and more than 350,000 people die yearly from HCV related diseases. In 2016, WHO published the first global health sector strategy on Hepatitis with a goal of eliminating viral hepatitis as a major public health threat by 2030. New oral, well-tolerated treatment regimens can achieve cure rates of over 90% however access to rapid, inexpensive and accurate diagnostics are a critical bottleneck that must be addressed to eradicate HCV.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseVeltyco Group PLC : Bet90 sponsorship FPF Brazil
RNS Number : 2733U Veltyco Group PLC 23 October 2017 23 October 2017 Veltyco Group plc ("Veltyco", the "Company" or the "Group") Bet90 sponsorship FPF Brazil The board of Veltyco Group plc (AIM:VLTY), the online marketing company for the gaming industry, is pleased to……
RNS Number : 2733U
Veltyco Group PLC
23 October 2017
23 October 2017
Veltyco Group plc
("Veltyco", the "Company" or the "Group")
Bet90 sponsorship FPF Brazil
The board of Veltyco Group plc (AIM:VLTY), the online marketing company for the gaming industry, is pleased to announce that its subsidiary, Bet90 Sports ltd ("Bet90"), has entered into a sponsorship agreement with LAOLA1 Multimedia GmbH, trading as LAOLA1.tv in Brazil, where Bet90 will act as sponsor of the Federação Paulista de Futebol ("FPF"), one of the largest football federations in Brazil, for the 2018 football season. The agreement includes a digital partnership, where Bet90 will receive a guaranteed amount of advertising impressions in Brazil, during the contract period.
This agreement allows Bet90 to enter the South American market, a strategy which was communicated in the Company's announcement of 28 June 2017, by investing in one of the most valuable sponsorship rights in Brazil and entering into and strategic partnership with one of the largest football federations in the host country of the 2014 Football World Championship.
With all the assets included, the sponsorship will provide significant media (and in-stadium) coverage during the 2018 FPF season which, as 2018 is a World Championship year in Russia, and Brazil is expected to be a leading competitor, the Company believes will be extremely valuable.
FPF, with more than 400,000 active players at over 110 clubs, hosts over 1,000 games per season, including Paulista A1, A2 and the Copa São Paulo Junior. With this partnership, due to the TV coverage, Bet90 will reach approximately 9.3 million households and 37 million people directly. In addition, there will be a strong focus on digital activation, where FPF already reaches more than half a million people in Brazil.
Due to this sponsorship, Bet90 can proudly announce that it will be Official Sponsor of FPF and, as such, be recognized during all Paulista A1, A2 and Copa São Paulo Junior games, including presence on all official league materials as well as having promotion activities at all of the games in the abovementioned competitions.
David Mathewson, Chairman, commented: "We are very excited about entering the Brazilian market having agreed terms with respect to this sponsorship agreement. It will allow us to further expand our business into new markets with high-growth potential."
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information, please contact:
Veltyco +44 (0)16 2460 5764
David Mathewson, Chairman
Marcel Noordeloos, CFO
Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494
James Harris
Richard Tulloch
James Dance
Northland Capital Partners Ltd (Broker) +44 (0)20 3861 6625
IFC Advisory (Financial PR) +44 (0)203 053 8671
Graham Herring
Tim Metcalfe
Miles Nolan
About Veltyco
Veltyco is a group of companies primarily focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.
Website: http://www.veltyco.com
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseOsirium Technologies : Two contract renewals with Think Money & M-Netics
RNS Number : 1319U Osirium Technologies PLC 20 October 2017 For immediate release 20 October 2017 Osirium Technologies plc ("Osirium" or "Group") Two contract renewals with Think Money and M-Netics Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased……
RNS Number : 1319U
Osirium Technologies PLC
20 October 2017
For immediate release
20 October 2017
Osirium Technologies plc
("Osirium" or "Group")
Two contract renewals with Think Money and M-Netics
Osirium Technologies plc (AIM: OSI.L), a UK headquartered cyber-security SaaS provider, is pleased to announce that both Think Money and M-Netics have renewed their contracts for 12 months.
Thinkmoney, part of the Think Money Group, a UK-based banking services provider, has worked with Osirium to transform its IT platform to support its key current account, loan and credit card products. Part of the IT project remit was to significantly improve management control and governance of privileged access to critical IT systems. A relatively small but highly secure subsystem has been implemented to encompass 50 multi-platform servers, backend databases, firewalls and other network and security devices.
Mobile technology solutions company, M-Netics, provides end-to-end solutions covering all aspects of mobile hardware requirements for leading logistics providers, manufacturers, retailers and field service organisations. It also operates close partnerships with leading wireless technology companies. Osirium has implemented a platform to control 'off-domain access' to servers on separate networks in multiple locations.
Osirium delivers to both customers its PxM product offering of Privileged Account Management, Privileged Task Management and Privileged Session Management modules and associated services.
David Guyatt, Chief Executive Officer, commented: "We are delighted to continue our relationship with these two high-growth midcap customers who recognise the importance of not only addressing insider threats but sophisticated external cyber-attacks. In both cases, we worked in partnership with them to deliver an easy to use, quick to install and cost effective platform which addressed their separate business requirements. The Osirium team looks forward to continuing to work closely with them."
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For further information:
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Osirium Technologies plc |
Tel: +44 (0) 118 324 2444 |
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David Guyatt, Chief Executive Officer Rupert Hutton, Chief Financial Officer
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Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) |
Tel: +44 (0) 20 7710 7600 |
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Fred Walsh / Neil Shah / Ben Maddison
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Yellow Jersey PR (Financial PR) Sarah Hollins |
Tel: +44 (0) 7764 947137 |
Notes to Editors:
About Osirium
Osirium Technologies plc (AIM: OSI.L), is a UK headquartered cyber-security Software-as-a-Service ("SaaS") provider. Osirium protects critical IT assets, infrastructure and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.
Osirium has defined and delivered what the Directors view as the next generation PAM (Privileged Access Management) solution. The team has developed the concept of Virtual Air Gap to separate users from passwords, with Osirium's Privileged Task Management module further strengthening Privileged Account security and delivering impressive return on investment benefits for customers.
Founded in 2008 and with its headquarters in Reading, UK, the Group was admitted to AIM in April 2016. For further information please visit www.osirium.com
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseSprue Aegis plc : Sprue launches Check the Date campaign
RNS Number : 8682T Sprue Aegis plc 18 October 2017 18 October 2017 Sprue Aegis plc ("Sprue", the "Group" or the "Company") Sprue launches Check the Date campaign Sprue (AIM: SPRP), one of Europe's leading developers and suppliers of home safety products, announces the launch this week……
RNS Number : 8682T
Sprue Aegis plc
18 October 2017
18 October 2017
Sprue Aegis plc
("Sprue", the "Group" or the "Company")
Sprue launches Check the Date campaign
Sprue (AIM: SPRP), one of Europe's leading developers and suppliers of home safety products, announces the launch this week of its national Check the Date campaign to raise awareness of the recommendation by the UK Fire and Rescue services to replace all smoke alarms after ten years. The Check the Date campaign aims to educate home owners and landlords of the need to check and replace their smoke alarms after ten years.
The Check the Date campaign coincides with National Burns Awareness Day and is being promoted across numerous social media platforms to maximise its impact. Further information on the campaign can be found on the dedicated Check the Date website: www.fireangel.co.uk/check-the-date
Graham Whitworth, Executive Chairman of Sprue Aegis, commented:
"The Check the Date campaign is important to remind people to replace out of date smoke alarms and keep people safe in their homes. This campaign has a very simple but very important message."
For further information, please contact:
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Sprue Aegis plc |
02477 717 700 |
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Graham Whitworth, Executive Chairman Neil Smith, Group Chief Executive John Gahan, Group Finance Director |
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Vigo Communications Jeremy Garcia / Fiona Henson / Natalie Jones |
020 7830 9701 |
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Stockdale Securities |
020 7601 6100 |
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Tom Griffiths |
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Notes to Editors
About Sprue Aegis plc
Sprue's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible. Sprue is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.
Sprue's principal products are smoke alarms, CO alarms and accessories. The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories. Products are sold under Sprue's leading brands of FireAngel, FireAngel Pro, SONA, AngelEye and FireAngel Connect. For further product information, please visit: www.sprue.com
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseConcepta PLC : myLotus Fertility Product – China Update
RNS Number : 6229T Concepta PLC 16 October 2017 16 October 2017 Concepta plc ("Concepta" or the "Company") myLotus Fertility Product – China Update Concepta plc (AIM: CPT), the pioneering UK healthcare company and developer of a proprietary platform and suite of products targeted at the……
RNS Number : 6229T
Concepta PLC
16 October 2017
16 October 2017
Concepta plc ("Concepta" or the "Company")
myLotus Fertility Product – China Update
Concepta plc (AIM: CPT), the pioneering UK healthcare company and developer of a proprietary platform and suite of products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility, is pleased to announce a positive update on the launch of its proprietary myLotus product in its first international market, China.
Distribution Agreements
The Company has signed an additional two 3-year exclusive distribution agreements for its myLotus fertility product with Huanzhong Biotech Ltd and Wanma Technology Co., Ltd in China.
The distribution agreement with Huanzhong Biotech Ltd will cover the province of Hebei near Beijing, while Wanma Technology Co., Ltd will cover the Shanghai area. Alongside ThinkBrio, which distributes the myLotus product to Beijing and Lianoing, these two agreements will expand Concepta's product offering in China to target a total population of 147 million people across these regions.
Dr Yin Hui Rong, principal investigator at the Changhai Hospital Reproductive Centre,commented on the Company's myLotus product: "I have been impressed with the performance of myLotus. This small, hand-held device is providing results that are comparable to large laboratory equipment. It opens up the opportunity for more flexibility in large and smaller hospitals but also for the women at home."
Hospital evaluation results
Concepta has completed a preliminary hospital evaluation process in China to extend the use of the Company's myLotus product into early pregnancy monitoring. Based on recent positive hospital evaluation results, the Company's new distributors, Huanzhong Biotech Ltd and Wanma Technology will be the first to target the 'early pregnancy' group alongside the 'unexplained infertility' target group. There is a total target market of 2.3 million women a year across the Hebei, Beijing, Lianoing and Shanghai areas for early pregnancy monitoring.
Erik Henau, CEO commenting on the Company's hospital evaluation and new distribution agreements said: "We are delighted to add these new distributors to our network in China, following the Company's excellent preliminary hospital evaluation results. Following the final conclusion of the evaluation, an event will be held in China for a large number of potential distributors where we will exhibit the myLotus product. We expect to announce further distribution agreement signings following this event."
Collaboration with The British Bid
The Company is also pleased to announce the publication of a corporate video, which was broadcast on the BBC World Service on 26 September 2017 and is now available to view online.
myLotus addresses fertility issues that are prevalent throughout the world. Whilst focused on its initial launch in China, Concepta will be able to raise its international profile in collaboration with The British Bid, a global initiative designed to demonstrate the best in British business to ultimately generate new growth via overseas trade. It provides British businesses with a platform to be a voice of excellence for their industry across the globe.
From outside of the UK, the corporate video made in collaboration with The British Bid is now available to watch on BBC.com (http://www.bbc.com/storyworks/the-british-bid/concepta), while from the U.K., it is available to watch on Concepta's website: www.conceptaplc.com
Eric Henau commented: "To realise the potential of the unique myLotus product requires organic growth as well as collaborative deals. Initiatives such as The British Bid are invaluable for attracting potential partners which can aid the Company's organic growth as it continues to develop its myLotus product."
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Enquiries:
The Company
Erik Henau
CEO
Tel: +44 (0) 7557 985 479
SPARK Advisory Partners Limited (Nomad)
Neil Baldwin / Mark Brady
Tel: +44 (0)20 368 3550
Beaufort Securities Limited (Broker)
Jon Belliss
Tel: +44 (0)20 7382 8300
Yellow Jersey (Financial PR)
Felicity Winkles / Joe Burgess / Katie Bairsto
Tel: +44 (0) 776 932 5254
About Concepta Plc:
Concepta plc is a pioneering UK healthcare company that has developed a proprietary platform and products targeted at the personalised mobile health market with a primary focus on women's fertility and specifically unexplained infertility*.
Founded in 2013, Concepta has developed a revolutionary flagship product 'MyLotus' for home self-testing that helps women with unexplained infertility to conceive.
MyLotus is the only consumer product which allows both quantitative and qualitative measurements of measurement of a woman's personal hCG and LH hormone levels in an easy to use home test to facilitate higher conception rates and early diagnosis of any fertility problems. Competitor products currently only allow qualitative measurement and are based on the 'average woman'.
Concepta has a defined route to market for its new 'My Lotus' product with Regulatory approvals for launch in China in place for 2016 and CE-Marking for UK and Europe to follow in 2017 where the revenue potential of the Chinese and EU infertility market is worth c.£600m per annum for the company.
*Unexplained infertility refers to women that have been unable to conceive after 6 months of trying. This highly motivated target group of consumers won't typically be offered medical intervention until 12 months of unsuccessfully trying, with IVF not offered until two years. Research indicates couples start to take positive action ahead of this time and there is little medical support to help them do so.
This information is provided by RNS
The company news service from the London Stock Exchange
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CloseNeville Registrars welcomes Curzon Energy Plc
Neville Registrars is delighted to welcome Curzon Energy Plc as the newest addition to its list of client companies. Curzon Energy is an oil and gas company which currently has one asset in Coos Bay, Oregon where Curzon is 100% owner and operator of a coalbed methane gas accumulations on c. 45k acres. ……
Neville Registrars is delighted to welcome Curzon Energy Plc as the newest addition to its list of client companies.
Curzon Energy is an oil and gas company which currently has one asset in Coos Bay, Oregon where Curzon is 100% owner and operator of a coalbed methane gas accumulations on c. 45k acres.
Further information can be found on the Company's website: http://www.curzonenergy.com/
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