RNS Number : 4420Q
Access Intelligence PLC
18 October 2023
ACCESS INTELLIGENCE PLC
("Access Intelligence", the "Company" or the "Group")
Access Intelligence announces significant customer contract wins regained from its key competition in Australia and New Zealand
Access Intelligence Plc (AIM: ACC), the technology innovator delivering Software-as-a-Service ("SaaS") solutions for the global marketing and communications industries, is delighted to announce multiple significant contract win backs from its key competitors in Australia and New Zealand.
As previously announced, the Group has made good progress in its APAC region in the current financial year as it has sought to capitalise on the market opportunity before it, especially in ANZ, by combining Isentia's established media monitoring and insights services in the region alongside Access Intelligence's audience intelligence offering.
Since the start of June 2023, the Company has won back a number of contracts previously lost by Isentia, that amount to, in aggregate, in excess of AUD$3m of ARR across multi-year contracts, ranging between 3 and 5 years. The customer win backs have come from a range of customers including larger government agencies in Australia and are in addition to the client win backs achieved in the first half as announced in June 2023.
Christopher Satterthwaite, Non-Executive Chairman of the Company, said:
"We are delighted by the continued progress being made in the region. These win backs illustrate the prowess of our combined proposition in Australia and New Zealand. I'm pleased to see this division growing strongly and I'd like to thank the team for the hard work they've put into this notable turnaround.
The recent release of the Group's fully integrated next generation platform provides us with a clear market differentiation in this region and provides the Board with confidence in continuing the progress being made in delivering both new customers and further customer win backs."
For further information:
Access Intelligence Plc |
020 3426 4024 |
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Joanna Arnold (CEO) Mark Fautley (CFO) |
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Cavendish Capital Markets Limited (Nominated Adviser and Broker) |
020 7220 0500 |
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Corporate Finance: Marc Milmo / Fergus Sullivan |
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Corporate Broking: Sunila de Silva |
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The Group's Nominated Adviser and Broker, finnCap Ltd, has now changed its name to Cavendish Capital Markets Limited following completion of its own corporate merger.
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