

Announcements.

Looking to discover a little more about our client companies?
A selection of news and recent announcements can be found here.
Genedrive 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).
– Ends –
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
END
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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/
CloseImaginatik PLC : Contract Win
RNS Number : 8953R Imaginatik PLC 27 September 2017 Imaginatik plc ("Imaginatik" or "the Company") Contract Win Imaginatik plc (AIM: IMTK.L), the innovation company, is pleased to announce that it has signed a new contract for its full service innovation offering with a large US-based……
RNS Number : 8953R
Imaginatik PLC
27 September 2017
Imaginatik plc
("Imaginatik" or "the Company")
Contract Win
Imaginatik plc (AIM: IMTK.L), the innovation company, is pleased to announce that it has signed a new contract for its full service innovation offering with a large US-based investment management company.
The initial contract is for a three year term and is valued at approximately $0.5m. This contract will see Imaginatik deliver a comprehensive full service innovation solution consisting of its enterprise innovation software platform and consultancy services, including innovation strategy advisory work and innovation capability building.
Matt Cooper, Non-Executive Chairman, commented: "We are pleased to have signed a large, full service contract with another new customer, further adding to our blue-chip client base. We continue to believe that in order for an organisation to build and sustain a business-critical innovation ethos and competency, technology and consultancy need to be implemented in a joined-up way. Our unique ability to provide consultancy services and also deliver innovation programmes through our software platform remains a powerful differentiator in the market and we are pleased to see this resonating with our target market."
For further information please contact:
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Imaginatik plc |
Tel: 01329 243 243 |
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Matt Cooper Non-Executive Chairman Ralph Welborn, CEO Shawn Taylor, CFO |
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finnCap Ltd |
Tel: 020 7220 0500 |
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Jonny Franklin-Adams/Giles Rolls, corporate finance Camille Gochez, corporate broking |
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Alma PR |
Tel: 020 8004 4218 |
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Hilary Buchanan |
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Robyn Fisher |
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About Imaginatik
Imaginatik provides a range of Innovation solutions comprised of consultancy, enterprise software and program management to deliver innovation results to companies such as Exxon Mobil, Altria, Shell, Goodyear, the Yorkshire Building Society, Caterpillar, AECOM, Novartis and Cargill, and via its strategic partnership programme. Few companies possess the internal capability to consistently generate fresh ideas, identify those worth pursuing and reliably transform them into real, value-enhancing assets. Imaginatik's mission is to help these companies build sustainable innovation competencies. In 2016 Forrester Research found that "Imaginatik has the most comprehensive innovation management solution," providing excellent industry recognition of Imaginatik's full-service innovation offering, combining both technology and consultancy services.
Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE: IMTK.L) with offices in Boston, MA, and Fareham, UK. For more information visit www.imaginatik.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 : 7737R Altitude Group PLC 26 September 2017 26 September 2017 ALTITUDE GROUP PLC (the "Company" or "Altitude") Channl Partnership Agreement Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, is pleased to announce that it has enhanced and……
RNS Number : 7737R
Altitude Group PLC
26 September 2017
26 September 2017
ALTITUDE GROUP PLC
(the "Company" or "Altitude")
Channl Partnership Agreement
Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, is pleased to announce that it has enhanced and extended its partnership agreement with AI Mastermind ("AIM"), a leading buying group serving 1,400 promotional product resellers in the US. The highlights of the new agreement include:
· Altitude's comprehensive CRM and sales order management system being integrated with the Channl ecommerce platform enabling AIM's members to benefit from an industry specific, cloud based, end-to-end order management system
· the integrated system will allow both ecommerce and non-ecommerce transactions to be processed through Channl
· the platform will be provided to AIM for free with Altitude receiving a share of the throughput revenue from both ecommerce and non-ecommerce transactions
· active engagement with and education of AIM with respect to the benefits available to all stakeholders by using the Channl platform will incentivise AIM to roll out the Channl model to its 1,400 distributor members resulting in faster and more comprehensive take-up of Channl by end users
· the partnership agreement has been extended to September 2020
Since the initial partnership was announced in August 2016, Altitude has created over 950 Channl websites for the 1,400 AIM distributor members, each of whom are substantial distributors in the US with revenues ranging from an estimated $0.5 million to $3 million. In total the 1,400 AIM distributors account for an estimated $1.2 billion of end user revenue. The websites are ready to use and, while the 1,400 AIM members are aware of their existence and the potential of Channl's capabilities, the initial feedback from them was that it needed to be integrated with a powerful CRM and order management tool. The extension to the partnership announced today will add both of these to the existing Channl platform and AIM will be actively working with their members to ensure that they are educated as to Channl's improved capabilities and to ensure that they understand the benefits available to them by adopting the platform going forwards.
Peter Hallett, Executive Chairman of Altitude, commented: "We are delighted to have enhanced and extended our Channl partnership with AI Mastermind. This upgrade to the offering is the result of months of collaborative work and we are confident that this fully integrated platform will provide the end-to-end service required by the distributors and end users while at the same time providing the necessary incentives to ensure that all stakeholders benefit from encouraging engagement throughout the order chain.
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
END
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CloseReact Group PLC : Contract win
RNS Number : 2975Q React Group PLC 11 September 2017 11 September 2017 REACT Group plc (the "Company" or "REACT") Contract Win REACT Group plc (AIM: REAT), the specialist provider of rapid response deep cleaning and emergency decontamination services, is pleased to announce that the Company has……
RNS Number : 2975Q
React Group PLC
11 September 2017
11 September 2017
REACT Group plc
(the "Company" or "REACT")
Contract Win
REACT Group plc (AIM: REAT), the specialist provider of rapid response deep cleaning and emergency decontamination services, is pleased to announce that the Company has been awarded a £0.2 million contract. The contract, with a major Facilities Management company, covers provision of cleaning services in a major London hospital. The contract has an initial 12 month term, with possible extension to be agreed between the parties thereafter, and commences in mid-September 2017, and so will largely impact upon REACT's performance in the financial year ending 30 September 2018.
REACT has secured this contract by working alongside the client and establishing a clear understanding of their needs and delivering against those needs over the last 6 months. This service is a departure from the Company's normal day-to-day fast response service for which REACT has established its reputation over the past years. This contract takes us into a new marketplace and will hopefully allow the Company to make approaches and market itself to other facilities management and hospitals throughout the UK.
Chairman Gill Leates said 'I am delighted for the Company and the team who have put in a huge amount of hard work to a very high standard, proving their capabilities in this area over the past few months'.
For further information, please contact:
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REACT Group plc |
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Gill Leates – Chairman |
07799 662642 |
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SPARK Advisory Partners Limited |
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Neil Baldwin |
0113 370 8974 |
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Mark Brady |
0113 379 8971 |
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Whitman Howard Limited |
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Nick Lovering |
0207 659 1224 |
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This information is provided by RNS
The company news service from the London Stock Exchange
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CloseLightwaveRF PLC : Expanded UK Distribution Agreement
RNS Number : 2946Q LightwaveRF PLC 11 September 2017 11 September 2017 LightwaveRF plc (AIM: LWRF) Expanded UK distribution agreement LightwaveRF plc ("LightwaveRF" or the "Company"), the leading smart home solutions provider, announces an expanded UK distribution agreement with Deta Electrical Co Limited ("Deta"), a……
RNS Number : 2946Q
LightwaveRF PLC
11 September 2017
11 September 2017
LightwaveRF plc
(AIM: LWRF)
Expanded UK distribution agreement
LightwaveRF plc ("LightwaveRF" or the "Company"), the leading smart home solutions provider, announces an expanded UK distribution agreement with Deta Electrical Co Limited ("Deta"), a leading manufacturer and distributor of wiring and electrical accessories. The agreement will target the wholesale and electrical contractor markets in the UK.
Deta has placed an initial £350,000 order with the Company and it has committed to placing a minimum of £2,000,000 worth of orders during the first year of the agreement. Deta will offer a full range of smart home products to its customers, branded Deta Connect and Lightwave.
Commenting, Andrew Pearson, CEO of LightwaveRF, said: "We have been working with Deta for two years, focusing on the new build sector and we are looking forward to expanding the relationship. Deta is an established, leading supplier to the UK electrical wholesale market and is ideally placed to launch, promote and sell this range of smart home devices, based on Lightwave's technology. Deta's sales team will allow us to significantly scale up our coverage across the electrical wholesale sector."
Gerry Barnett, Managing Director of Deta, added: "We are looking forward to expanding our partnership with LightwaveRF through this new agreement. The combination of Lightwave smart home technology and our expanding range of high-quality wiring and electrical accessories will enable Deta to deliver comprehensive and modern smart home solutions across this important market sector."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information:
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LightwaveRF plc Andrew Pearson, CEO Kevin Edwards, CFO |
+44 (0) 121 250 3625 |
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Stockdale Securities Limited Tom Griffiths/Edward Thomas |
www.stockdalesecurities.com +44 (0) 20 7601 6100 |
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Yellow Jersey PR Charles Goodwin/Abena Affum/Katie Bairsto |
+44 (0) 7747 788 221 |
About LightwaveRF
LightwaveRF plc ("LightwaveRF" or the "Company") pioneered smart home automation with the introduction of the market's first Internet enabled devices in 2008. Today the Company markets a complete smart home system for lighting, heating, power and security.
LightwaveRF offers a cloud platform and an extensive range of retrofitted LightwaveRF designed and manufactured sockets, dimmers, relays, thermostats, heating, energy, sensing, monitoring and control devices. These devices are operated by conventional manual control, handheld remote, smartphone and tablet based apps. The LightwaveRF system can also be operated using Google Assistant and Amazon Alexa voice control, is Apple HomeKit compatible and provides users with dashboards to manage their smart home.
We are dedicated to making everyone's lives easier and more fulfilled through world leading smart home technology.
For further information and to sign up for investor news alerts please visit:
www.lightwaverf.com/corporate/
This information is provided by RNS
The company news service from the London Stock Exchange
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