Contract with US Healthcare Services Provider (2733Y)
February 29 2012 - 1:00AM
UK Regulatory
TIDMIMTK
RNS Number : 2733Y
Imaginatik PLC
29 February 2012
29 February 2012
Imaginatik plc
("Imaginatik" or the "Company")
Re-engagement with leading US healthcare services provider
Imaginatik plc (AIM: IMTK), a leading provider of enterprise
innovation solutions including a range of technology products and
consultancy, is pleased to announce the signing of a new annual
contract with a leading provider of healthcare services and medical
research in the United States, following a competitive tender
process.
The contract is comprised of an initial start-up phase worth
$120,000 in the current calendar year and is for the provision of
Innovation as a Service and innovation consultancy. This is
followed by an ongoing annual contract worth $150,000 per year,
with Imaginatik supplying its innovation software platform,
Innovation Central, to achieve strategic operational
objectives.
This is the re-signing of a client which had initially
contracted with the Company in 2006, cancelling its contract in
March 2010 as a result of budget constraints. This is a strong
validation of the increased value attributed to Imaginatik's
enhanced full service innovation solutions.
Matt Cooper, Executive Chairman of Imaginatik, commented, "We
are delighted that this customer has chosen to re-engage with
Imaginatik and we hope to help them build and embed an innovation
competence throughout their organisation. This is a strong
validation of our unique capability to provide full-service
innovation solutions and the value that these services can provide
to businesses seeking to be leaders in their industries. Imaginatik
continues to take considerable steps forward and we remain
confident in the ongoing success of the Company."
For further information please contact:
Imaginatik plc Tel: 020 7917
2975
Matt Cooper, Executive Chairman / Shawn
Taylor, CFO
Northland Capital Partners Limited Tel: 020 7796
8800
Gavin Burnell / Edward Hutton
Newgate Threadneedle Tel: 020 7653
9850
Caroline Evans-Jones / Hilary Millar
About Imaginatik
Imaginatik provides Innovation and Idea management solutions
comprised of consultancy, enterprise software and program
management to deliver innovation results to companies such as The
World Bank, NYSE, The Chubb Group of Insurance Companies, Boeing,
Pfizer, Goodyear, Paccar, Kellogg and Cargill. Few companies
possess the internal capability to consistently generate fresh
ideas, identify those worth pursuing and reliably transform them
into real, value-enhancing assets. This is Imaginatik's area of
expertise.
Imaginatik is a public company whose shares are traded on the
AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World
Economic Forum Technology Pioneer with offices in Boston, MA, and
Winchester, UK. For more information visit www.imaginatik.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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