D4T4 Solutions PLC New Contract Wins (6735X)
August 14 2018 - 1:00AM
UK Regulatory
TIDMD4T4
RNS Number : 6735X
D4T4 Solutions PLC
14 August 2018
D4t4 Solutions Plc
(the "Company", "Group" or "D4t4")
New Contract Wins
-- Recent global successes in key vertical sectors
-- Core business areas of Data Management and Data Collection
benefitting from strong sales pipeline
D4t4 Solutions Plc (AIM: D4T4), the AIM-listed data solutions
provider, is pleased to report a number of new contract wins in key
vertical sectors for its Data Management and Data Collection
business areas during the first months of the current year, as set
out below.
Data Management:
-- A major data migration contract with a global US
headquartered financial institution as part of our Private Cloud
Data Analytics solution.
-- A new contract delivering analytical implementation services for one of our global partners
Data Collection:
-- A new multi-year contract for our Celebrus data collection
software with a global US headquartered financial institution.
-- An extension of a global contract in the financial services
sector with the addition of two new geographies using our Celebrus
data collection software.
-- A capacity extension contract for our Celebrus data
collection software with a major online retailer in Taiwan.
In addition, the Company announced in its final results
statement released on 26 June 2018 that the debtor balance owing
was GBP19.5 million as at 31 March 2018, due to the business
weighting occurring late in the second half. The Company confirms
that it has received payment of the GBP19.5 million and therefore
now has a strong cash balance.
The Company is pleased to provide this update to the market and
looks forward to providing further updates on new contract wins as
the year progresses.
Peter Kear, D4t4's CEO commented: "As communicated at the time
of our final results in June 2018, we entered this financial year
in robust shape after achieving record bookings in the second half
of the year. In the year to date, and in line with management's
expectations, we have been successful in converting a number of
significant opportunities from our strong pipeline. This puts us on
track to return to more normalised levels of business weighting for
the first half of this financial year, against the comparable
period last year."
The information contained within this announcement is deemed by
the Company to constitute inside information stipulated under the
Market Abuse Regulation (EU) No. 596/2014.
Enquiries
D4t4 Solutions Plc
Peter Kear, Chief Executive Officer
Carmel Warren, Chief Financial Officer
Tel: +44 (0) 1932 893333
E-mail: moreinfo@d4t4solutions.com
finnCap (Nominated Adviser & Broker)
Adrian Hargrave/Emily Watts, Corporate Finance
Tel: +44 (0) 20 7220 0500
TooleyStreet Communications (IR & Media Relations)
Fiona Tooley
Tel: +44 (0) 7785 703523
E-mail: fiona@tooleystreet.com
About D4t4 Solutions Plc
D4t4 Solutions Plc (www.d4t4solutions.com) is ALL ABOUT THE
DATA. We are energetically focused on solutions that enable clients
to get the most from their data - from data capture through to
management and analytics, D4t4 provides comprehensive products and
services that drive value from our clients' information assets. We
operate in Europe, North America and Asia, working with clients in
the banking, insurance, retail, travel and transport, telco and
automotive sectors.
D4t4 is accredited to ISO27001: Information Security Management
Standard and PCI Data Security Standard. D4t4 was established in
1985 and is listed on the AIM market of the London Stock Exchange
(stock code: D4T4).
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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contact rns@lseg.com or visit www.rns.com.
END
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