

Announcements.

Looking to discover a little more about our client companies?
A selection of news and recent announcements can be found here.
IntelliAM AI plc – Contract
RNS Number : 4469Z IntelliAM AI PLC 07 August 2024 7 August 2024 IntelliAM AI plc ("IntelliAM" or the "Company") IntelliAM AI secures contract extension with global leader in beverage alcohol IntelliAM AI plc (AQSE: INT), a leading provider of software that leverages the power of AI……
RNS Number : 4469Z
IntelliAM AI PLC
07 August 2024
7 August 2024
IntelliAM AI plc
("IntelliAM" or the "Company")
IntelliAM AI secures contract extension with global leader in beverage alcohol
IntelliAM AI plc (AQSE: INT), a leading provider of software that leverages the power of AI and machine learning to revolutionize the manufacturing industry, announces a significant extension to an existing agreement with a global leader in beverage alcohol ("the Customer") through its consulting division.
Growing the existing relationship from a few sites, under the terms of the extended agreement, IntelliAM will provide its cutting-edge industrial asset management services across more than 35 maltings sites in the UK. The extended contract is valued at a minimum of £100,000 per annum over the next two years, reflecting the ongoing commitment to enhance reliability and operational efficiency through advanced data driven and asset care solutions. The contract extension makes the Customer one of the consulting division's top customers by revenue.
Tom Clayton, CEO of IntelliAM AI plc, commented: "We are thrilled to extend our services across multiple UK sites for this client. This partnership is a testament to the value that our asset management services bring to our customers. Our consulting division is dedicated to delivering enhanced operational and maintenance efficiency and we look forward to driving improvements for this client. As one of our largest consulting customers, we look forward to introducing them to the benefits our machine learning offerings."
About IntelliAM AI plc:
IntelliAM AI plc specializes in developing AI-powered software solutions for the manufacturing industry. Our platform harnesses the power of machine learning to optimize industrial asset management, improve productivity, and reduce operational costs. For more information, visit www.intelliam.com.
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Enquiries:
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IntelliAM AI plc Tom Clayton, Chief Executive Officer Daud Khan, Chief Financial Officer
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+44 114 299 5007 |
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Oberon Capital – AQSE Corporate Adviser and Broker Adam Pollock Mike Seabrook Jessica Cave
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+44 203 179 5300 |
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Square1 Consulting – Financial PR David Bick |
+44 207 929 5599 +44 7831 381201 |
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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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CloseSmarttech247 Signs Three-Year Contract
RNS Number : 7518Y Smarttech247 Group PLC 01 August 2024 Reach Announcement 1 August2024 Smarttech247 Group PLC ("Smarttech247", the "Group" or the "Company") Smarttech247 Signs Three-Year Contract Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio……
RNS Number : 7518Y
Smarttech247 Group PLC
01 August 2024
Reach Announcement
1 August2024
Smarttech247 Group PLC
("Smarttech247", the "Group" or the "Company")
Smarttech247 Signs Three-Year Contract
Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce that it has signed a three-year contract, worth €860,000, with an Irish public sector agency, with the potential to extend the contract for a further two years.
As a local government authority in Ireland, Smarttech247's newest client functions as a public sector agency responsible for the administration and governance of one of Ireland's significant regions.As a public sector entity, it plays a role in implementing local policies, managing public resources, and ensuring the welfare of the residents within its jurisdiction, meaning it's crucial it has access to comprehensive cybersecurity protection.
Smarttech247 will provide the agency with a range of security solutions including access to Smarttech247's 24/7 security operations centre, incident response drills that are designed to test and improve an organisation's response to cybersecurity incidents, and conducting external vulnerability tests, all while assisting in implementing new projects and initiatives securely.
Raluca Saceanu, CEO of Smarttech247, commented:
"We are thrilled to partner with a public sector agency to enhance their cybersecurity defences. Recognising the critical importance of robust cybersecurity for public sector agencies, we are committed to helping them safeguard its essential services and valuable data. Our comprehensive suite of security activities, such as penetration testing and governance, risk, and compliance audits, will ensure the agency is well-protected and capable of combating a wide range of security threats."
-Ends –
For further information please contact:
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Smarttech247 Group PLC |
Tel: +353 21 206 6033 |
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Ronan Murphy, Executive Chairman Raluca Saceanu, Chief Executive Officer Nicholas Lee, Finance Director |
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SPARK Advisory Partners Limited – Nominated Adviser |
Tel: + 44 (0) 20 3368 3550 |
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Mark Brady / Adam Dawes |
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Shard Capital – Joint Broker |
Tel: +44 (0) 20 7186 9900 |
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Damon Heath |
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Fortified Securities – Joint Broker |
Tel: +44 7493 989014 |
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Guy Wheatley, CFA |
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Yellow Jersey PR Charles Goodwin / Annabelle Wills / Bessie Elliot |
Tel: +44 (0) 20 3004 9512
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About Reach announcements
Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.
About Smarttech247
Smarttech247 is a multi-award winning automated MDR (Managed Detection & Response) company. Its platform is trusted by international organisations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response.
The Group's services are geared towards proactive prevention, and it achieves this by utilising the latest technologies, along with an experienced incident response team. In recognition of its innovative technology, Smarttech247 was named by Chambers Ireland InBusiness Recognition Awards as Cyber Security Company of the Year 2023.
Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland and the USA. The Company was admitted to trading on the London Stock Exchange on 15 December 2022.
For further information please visitwww.smarttech247.com
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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CloseOndo InsurTech Plc – US Contract Win
RNS Number : 2925Y Ondo InsurTech PLC 30 July 2024 30 July 2024 Ondo InsurTech Plc ("Ondo" or the "Company") US Contract Win New contract win with $2bn U.S. super-regional insurer launching LeakBot in New Jersey Ondo Insurtech (LSE: ONDO),a leading company in claims……
RNS Number : 2925Y
Ondo InsurTech PLC
30 July 2024
30 July 2024
Ondo InsurTech Plc
("Ondo" or the "Company")
US Contract Win
New contract win with $2bn U.S. super-regional insurer
launching LeakBot in New Jersey
Ondo Insurtech (LSE: ONDO),a leading company in claims prevention technology for home insurers, is pleased to announce that it has signed a contract with a U.S. super regional personal lines insurer that manages over $2.0bn of personal lines home, motor and umbrella insurance policies.
The new insurance partner will start to deploy LeakBot to their customers based in New Jersey beginning in Q3 2024, offering the LeakBot sensor and repair service free of charge to their customers.
This is the second insurer to launch LeakBot in New Jersey, and the fifth U.S. insurance company to adopt LeakBot within the last 12 months.
Craig Foster, Ondo CEO, says: "We are thrilled to partner another well-respected U.S. insurance brand and look forward to doing a great job for their homeowners starting in New Jersey where we are already fully operational."
Enquiries
For further information, please visit www.ondoplc.com or contact the following:
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Ondo InsurTech Plc |
Craig Foster, CEO Kevin Withington, CFO |
+44 (0) 800 783 9866 |
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Dowgate Capital Ltd (Broker & Financial Advisor) |
Russell Cook Nick Chambers Charlie Hall |
+44 (0) 20 3903 7715
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Cassiopeia Services Ltd (PR & Investor Relations) |
Stefania Barbaglio |
+44 (0) 7949 690338
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About Ondo InsurTech PLC
Ondo InsurTech Plc is a world leading provider of claims prevention technology for home insurers. Ondo's focus is on the global scale-up of LeakBot – claims prevention technology that prevents water damage claims in houses. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to 'find and fix' the problem. Independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%.
LeakBot partners with 18 insurance carriers – including Nationwide, Admiral, Direct Line Group, Hiscox, Länsförsäkringar and TopDanmark – both in Europe and the USA.
Ondo holds the coveted London Stock Exchange Green Economy Mark awarded to companies who derive the majority of their income from Green activities.
For more information, visit www.ondoplc.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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CloseShearwater Group PLC – Contract Win and Notice of Results
RNS Number : 0858X Shearwater Group PLC 19 July 2024 19 July 2024 Shearwater Group PLC ("Shearwater", or the "Group") Contract Win and Notice of Results Brookcourt Solutions signs three-year deal worth $4.8 million Shearwater Group plc, the cybersecurity, advisory and managed security services……
RNS Number : 0858X
Shearwater Group PLC
19 July 2024
19 July 2024
Shearwater Group PLC
("Shearwater", or the "Group")
Contract Win and Notice of Results
Brookcourt Solutions signs three-year deal worth $4.8 million
Shearwater Group plc, the cybersecurity, advisory and managed security services group, is pleased to announce that its group company, Brookcourt Solutions ("Brookcourt") has secured a significant three-year contract with a leading British telecommunications company,worth $4.8 million.
Under the terms of the contract, Brookcourt will providean upgraded Security Operations solution for the longstanding client that provides mobile, fixed telephone, television and internet services in the UK. This contract will improve the organisation's overall security posture and help to mitigate risks, as well as detect security and compliance violations across the client's large network.
Notice of Results and online investor presentation
The Company announcesthat it expects to publish its final results for the year ended 31 March 2024 on Wednesday 24 July 2024.
Shearwater Group's Chief Executive Officer, Phil Higgins, and Adam Hurst, Interim Chief Financial Officer, will provide an investor presentation relating to the results via the Investor Meet Company platform on Wednesday 24 July 2024 at 10:00 BST.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 23 July 2024 at 09:00 BST, or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet Shearwater Group PLC via:https://www.investormeetcompany.com/shearwater-group-plc/register-investor
Phil Higgins, CEO of Shearwater, commented:"We are delighted to continue our partnership with one of the UK's largest Mobile and Telecommunication Operators, forming an integral part of their security programme. This new win exemplifies our ongoing commitment to helping our customers better understand, manage, and reduce their security risks. We are encouraged by the increased visibility of larger sales opportunities, and we remain focused on the conversion of our pipeline."
Enquiries:
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Shearwater Group plc David Williams, Chairman Phil Higgins, CEO Adam Hurst, Interim CFO
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www.shearwatergroup.com c/o Alma |
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Cavendish Securities plc– NOMAD Adrian Hadden / Ben Jeynes / Fergus Sullivan – Corporate Finance Henry Nicol / Dale Bellis / Michael Johnson – Sales
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+44 (0) 20 7397 8900 |
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Alma Justine James / Joe Pederzolli / Emma Thompson |
+44 (0) 20 3405 0205 |
About Shearwater Group plc
Shearwater Group plc is an award-winning group providing cyber security, managed security and professional advisory solutions to create a safer online environment for organisations and their end users.
The Group's differentiated full service offering spans identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security needs, through a focused buy and build approach.
The Group is headquartered in the UK, serving customers globally across a broad spectrum of industries.
Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG". For more information, please visit www.shearwatergroup.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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CloseSilver Bullet Data Services Group plc – Contract Wins and Working Capital Facility
RNS Number : 2860W Silver Bullet Data Services Grp PLC 15 July 2024 15 July 2024 Silver Bullet Data Services Group plc ("Silverbullet"or the "Company", or, together with its subsidiaries, the "Group") Contract Wins andWorking Capital Facility Silverbullet (AIM: SBDS), a leading provider of AI-driven digital transformation……
RNS Number : 2860W
Silver Bullet Data Services Grp PLC
15 July 2024
15 July 2024
Silver Bullet Data Services Group plc
("Silverbullet"or the "Company", or, together with its subsidiaries, the "Group")
Contract Wins andWorking Capital Facility
Silverbullet (AIM: SBDS), a leading provider of AI-driven digital transformation services and products, is pleased to announce significant new contract wins and a new working capital facility.
New Business Wins:
Silverbullet has successfully secured 20 new contract wins in the first half of the year, reflecting the Company's strong market position and the growing demand for its innovative products and services. These new contract wins include multinational brandsfrom industry-leading companies across various sectors and represent committed new business revenues of approximately £1.2 million to date.
Notably, one of the new contracts is with a global confectionery company that has entrusted Silverbullet with a worldwide mandate for its data strategy.
These new contract wins contribute to committed revenues in FY 2024 representing nearly 70 per cent. of the full-year revenue target, demonstrating the Company's strong progress and ability to attract and retain high-profile clients.
Working Capital Facility:
As mentioned in the full year results, Silverbullet is also pleased to report that it has secured a working capital facility to enable the Company to continue to meet its strategic objectives. Additional liquidity has been obtained through a US$1 million receivablesdiscounting facility, which is expected to supportcash flow management andthe continued growth of revenues from large global customers with longer payment termsfor the remainder of the year, underscoring our commitment to maintaining a solid financial foundation and achieving positive operating cashflow in H2 2024.
Ian James, CEO of Silverbullet, commented:
"I am pleased to report that we have secured 20 new logos since the beginning of the year. The new contracts include multinational brands that have entrusted Silverbullet to service their upcoming growth strategies, providing robust validation that our strategy is being well adopted as we focus on our clients' intelligent data utilisation in this privacy-centric era.
"Our new working capital facility further strengthens our financial position, providing us with the necessary liquidity to support our expanding global customer base and reducing the need for additional fundraising. This facility is a testament to our robust financial management and strategic planning.
"We are confident in our ability to meet full-year management expectations and our commitment to achieving a positive EBITDA run rate during the second half of the year, along with positive operating cashflow. Our committed revenues represent a significant portion of our annual budget and welook forward to continuing this momentum and updating the market in due course."
For further information please contact:
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Silverbullet |
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via IFC |
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Ian James (CEO) / Chris Ellis (CFO)
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Strand Hanson Limited – Financial and Nominated Adviser |
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0207 409 3494 |
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James Spinney / James Bellman / Robert Collins |
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Oberon Capital – Joint Broker |
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0203 179 5344 |
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Mike Seabrook / Chris Crawford / Nick Lovering |
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CMC Markets – Joint Broker |
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0203 003 8632 |
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Douglas Crippen |
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IFC Advisory |
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020 3934 6630 |
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Graham Herring / Tim Metcalfe / Florence Chandler |
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07793 839 024 |
About Silverbullet
Silverbullet's proprietary 4D AI advertising solution is designed to help advertisers target consumers in a "post cookie world". The product is a natural extension to its existing services business which already serves a blue-chip client base such asa leading UK hospitality brand and a Global Brewing company,amongst many others. The removal of third-party cookies has already been implemented by web browsers such as Firefox and Safari, with Google expected to phase out the use of cookies in 2025.
Headquartered in London, the Group employs 75+ data specialists across five regions across the globe, including, the UK, Italy, Australia, USA and Latin America. The Group continues to look at other opportunities for expansion worldwide.
The Company has an established and growing solutions business with significant accumulated industry experience and a proven track record of delivering strategic digital transformation and activation services to its clients. The majority of the Board have held senior positions at global software companies and have significant industry experience across data engineering, SAAS product development and marketing.
The Group has close technical and commercial partnerships with multiple global technology providers, all of which have existing sales channels and are already delivering to clients.
The Group has established a strategic partnership and an entity with Local Planet, a scaled network of over 60 agencies across the globe. Local Planet Data Services Limited was established in December 2020 and presents a significant opportunity to provide data services and the 4D product to the Local Planet agency network.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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CloseNeville Registrars welcomes Eco Buildings Group PLC
Neville Registrars are delighted to welcome Eco Buildings Group PLC as the newest addition to its list of client companies. ECO Buildings Group PLC is an AIM listed company providing new solutions for the housing market. It comprises two divisions – Eco Buildings Group Ltd which provides housing solutions based on Glass Fibre……
Neville Registrars are delighted to welcome Eco Buildings Group PLC as the newest addition to its list of client companies.
ECO Buildings Group PLC is an AIM listed company providing new solutions for the housing market. It comprises two divisions – Eco Buildings Group Ltd which provides housing solutions based on Glass Fibre Reinforced Gypsum (“GFRG”) technology while Fox Marble provides processed marble quarried in the Balkans for use in construction and developments.
Further information can be found on the Company's website: https://www.eco-buildingsplc.com/
Close
itim Group plc – Contract Win
RNS Number : 0452V itim Group PLC 04 July 2024 4 July 2024 itim Group plc ("itim" or "the Company" and together with its subsidiaries "the Group") Contract Win itim Group plc, a SaaS based technology company that enables store-based retailers to optimise their businesses to improve financial……
RNS Number : 0452V
itim Group PLC
04 July 2024
4 July 2024
itim Group plc
("itim" or "the Company" and together with its subsidiaries "the Group")
Contract Win
itim Group plc, a SaaS based technology company that enables store-based retailers to optimise their businesses to improve financial performance, is pleased to announce that it has signed a five-year multi-million-pound contract with Assaí Atacadista ("Assaí"), the largest Brazilian wholesaler, with more than 300 stores.
Founded in 1974, Assaídistinguishes itselfby offeringa diverse rangeof products at competitive prices,servingboth businesses and end consumers. In 2020, the company became independent, and since then, its shares have been traded on the New York Stock Exchange (NYSE) and São Paulo Stock Exchange (B3). In 2023, Assaí reported turnover of approximately $13 billion and currently has a market capitalisation of $2.5 billion.
This significant contract follows the recent announcement that Assaí will be expanding its operations across multiple regions, further strengthening its market presence.Under this agreement, Assaí will leverage itim's UNIFY Price & Promotions Optimisation solution powered by Profimetrics AI to refine its pricing strategies and boost competitiveness,reinforcing its commitment to quality and affordability.
Itim's UNIFY Price and Promotions Optimisation platform powered by Profimetrics AI provides its retail customers with advanced analytical capabilities to optimise prices and promotions, drive sales, and improve profitability by leveraging data-driven insights.
It now is being used by 20 retailers globally and by 6 of the top 10 Brazilian retailers, underlying its capability of adding retail value.
Ali Athar, CEO, commented:"We are delighted to have been selected by Assaí to help power their pricing optimisation initiatives. This is a significant endorsement of itim's product set and we look forward to working with Assaí to make this project a great success."
The execution of this contract is in line with the Company's financial expectations for the current financial year.
Enquiries:
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Itim Group plc |
Ali Athar, CEO Ian Hayes CFO
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0207 598 7700 |
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WH Ireland (NOMAD & Broker) |
Katy Mitchell Harry Ansell Darshan Patel
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0207 220 1666 |
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IFC Advisory |
Graham Herring Florence Chandler |
0207 3934 6630 |
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
ABOUT ITIM
itim was established in 1993 by its founder, and current Chief Executive Officer, Ali Athar. itim was initially formed as a consulting business, helping retailers effect operational improvement. From 1999 the Company began to expand into the provision of proprietary software solutions and by 2004 the Company was focused exclusively on digital technology. itim has grown both organically and through a series of acquisitions of small, legacy retail software systems and associated applications which itim has redeveloped to create a fully integrated end to end Omni-channel platform.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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Closeitim Group plc – Five year contract renewal with Majestic Wine
RNS Number : 4033O itim Group PLC 15 May 2024 15 May 2024 itim Group plc ("itim" or "the Company" and together with its subsidiaries "the Group") Five year contract renewal with Majestic Wine itim Group plc, a SaaS based technology company that enables store-based retailers to optimise……
RNS Number : 4033O
itim Group PLC
15 May 2024
15 May 2024
itim Group plc
("itim" or "the Company" and together with its subsidiaries "the Group")
Five year contract renewal with Majestic Wine
itim Group plc, a SaaS based technology company that enables store-based retailers to optimise their businesses to improve financial performance, is pleased to announce that it has signed a five year multi-million-pound contract renewal with Majestic Wine, theUKs largest specialist retailer with over 200 stores.
The subscription renewal for itim's UNIFY platform supports retail, B2B and direct to consumer sales covering processes such as EPOS, e-commerce, PIM, stock management, merchandising, supplier management, pricing and promotions, customer order management, customer management, B2B customer accounts and website & business intelligence. UNIFY provides a single view of customer, product and real time stock across all channels.
John Colley, CEO Majestic Wine, commented:
"In 2021, Majestic selected itim's UNIFY platform as its technology partner. Together we have turned Majestic into what we believe to be one of U.K.'s leading Omni channel retailers. I am pleased to extend this partnership to cover Majestic's next five year digital journey."
Ali Athar, CEO itim Group plc, commented:
"We are delighted to be continuing our relationship with such a prestigious retail brand. This five year renewal is an endorsement of Majestic's confidence in our UNIFY platform which seeks to help retailers achieve omni-channel excellence by driving sales and profitability by putting 'the customer' at the heart of Majestic's unified retail business model."
This is in line with management expectations for the current financial year.
Enquiries:
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Itim Group plc |
Ali Athar, CEO Ian Hayes CFO
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0207 598 7700 |
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WH Ireland (NOMAD & Broker) |
Katy Mitchell Harry Ansell Darshan Patel
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0207 220 1666 |
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IFC Advisory |
Graham Herring Florence Chandler |
0207 3934 6630 |
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
ABOUT ITIM
itim was established in 1993 by its founder, and current Chief Executive Officer, Ali Athar. itim was initially formed as a consulting business, helping retailers effect operational improvement. From 1999 the Company began to expand into the provision of proprietary software solutions and by 2004 the Company was focused exclusively on digital technology. itim has grown both organically and through a series of acquisitions of small, legacy retail software systems and associated applications which itim has redeveloped to create a fully integrated end to end Omni-channel platform.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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CloseSolid State plc – $5.1m IOT contract – new US franchise line
RNS Number : 2558N Solid State PLC 07 May 2024 Reach – Non-Regulatory Announcement Solid State plc ("Solid State", the "Group" or the "Company") International $5.1m IOT contract award from new US franchise line Solid State plc (AIM: SOLI), the specialist value added component supplier and……
RNS Number : 2558N
Solid State PLC
07 May 2024
Reach – Non-Regulatory Announcement
Solid State plc
("Solid State", the "Group" or the "Company")
International $5.1m IOT contract award from new US franchise line
Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products, is pleased to announce a $5.1m (£4.05m) order for an IOT technology solution to a US customer from a new franchise line supplied by Solsta, its Components division.
The contract combines hardware and software applications in a value-added industrial application, leveraging off the international capabilities of the Group by exporting its UK expertise into the US market.
The customer solution, creates smart vending machines by enabling smart billing and intelligent inventory control and management through the combination of an industrial router and cloud based services. The success of this contract demonstrates the Group strategy of broadening its complementary technology set and internationalising the Group.
Delivery of the contract is expected to commence in Q2 calendar 2024 and be completed by middle of calendar year 2025.
Solsta is additionally expecting to work with the client to develop a Gen 2 5G router based successor to the current technology.
Commenting on the contract award, Jon Baxter, Executive Director Sales & Operations EMEA at Solsta, the Group's Components division, said:
"The recent restructuring of the Pacer business in the USA has enabled this significant development in the Components division.
"This solution brings together both access to hardware and engineering 'know how' to create a product which matches the needs of our client exactly."
Investor Site Visits to Head Office in Redditch
Solid State holds site visits to its head office in Redditch where operations from both the Systems and Components divisions can be seen. Interested investors should contactsolidstate@walbrookpr.com.
For further information please contact:
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Solid State plc Gary Marsh – Chief Executive Peter James – Group Finance Director |
Via Walbrook
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Cavendish Capital Markets Limited(Nominated Adviser & Broker) Adrian Hadden / Callum Davidson (Corporate Finance) Tim Redfern / Jasper Berry (Sales) |
0207 397 8900 |
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Walbrook PR (Financial PR) Tom Cooper / Nick Rome / Joe Walker |
020 7933 8780 0797 122 1972 |
Analyst Research Reports:For further analyst information and research see the Solid State plc website:https://solidstateplc.com/research/
Notes to Editors:
Solid State plc (SOLI) is a value added electronics group supplying commercial, industrial and defence markets with durable components, assemblies, manufactured units and power units for use in specialist and harsh environments. The Group's mantra is – 'Trusted technology for demanding environments'. To see an introductory video on the Group – https://bit.ly/3kzddx7
Operating through two main divisions: Systems (Steatite, Active Silicon & Custom Power) and Components (Solsta & Pacer); the Group specialises in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic, electro-mechanical and opto-electronic products.
Headquartered in Redditch, UK, Solid State employs approximately 400 staff across the UK and US, serving specialist markets with high barriers to entry in industrial, defence and security, transportation, medical and energy.
Solid State was established in 1971 and admitted to AIM in June 1996. The Group has grown organically and by acquisition – having made three acquisitions in the last four years.
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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CloseNeville Registrars welcomes Lightpoint Medical Ltd
Neville Registrars are delighted to welcome Lightpoint Medical Ltd as the newest addition to its list of client companies. Lightpoint are working at the intersection of surgery, AI, and the revolution in nuclear imaging. Their technologies help surgeons to detect cancer accurately in real time, advancing surgical precision, improving patient outcomes, and reducing costs……
Neville Registrars are delighted to welcome Lightpoint Medical Ltd as the newest addition to its list of client companies.
Lightpoint are working at the intersection of surgery, AI, and the revolution in nuclear imaging. Their technologies help surgeons to detect cancer accurately in real time, advancing surgical precision, improving patient outcomes, and reducing costs for healthcare systems.
Further information can be found on the Company’s website: https://lightpointmedical.com/
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