Eagle Eye Solutions Group PLC EYE and TGCS sign renewed 2-year Asda contract (2654K)
July 06 2017 - 1:00AM
UK Regulatory
TIDMEYE
RNS Number : 2654K
Eagle Eye Solutions Group PLC
06 July 2017
6 July 2017
Eagle Eye Solutions Group PLC
("Eagle Eye" or the "Company")
Eagle Eye and Toshiba Global Commerce Solutions sign a renewed
2-year contract with Asda
Eagle Eye, the SaaS technology company that validates and
redeems digital promotions in real-time for the grocery, retail and
hospitality industries, is pleased to announce that the Company, as
a sub-contractor of Toshiba Global Commerce Solutions, has renewed
the contract originally signed in 2015 for the use of the Eagle Eye
AIR platform within Asda Stores Ltd ("Asda") in the UK. The
innovative platform integrates with existing ASDA-Walmart POS
solutions in Asda stores.
This renewal follows the successful deployment and launch of the
AIR platform enabling the digital counting and reconciliation of
own brand and supplier brand coupons at point of sale across the
Asda estate, improving fraud prevention and operational efficiency.
The contract will continue to provide Asda with the ability to
deliver real-time issuance and redemption of coupons and vouchers
for Asda-specific campaigns.
Tim Mason, Chief Executive Officer of Eagle Eye, commented: "We
are delighted to be renewing our contract with Asda and Toshiba
Global Commerce Solutions. We have worked closely with them over
the past two years to deliver a valuable and innovative solution
that enables Asda to operate much more efficiently. This renewal
reflects the solid relationship we have with Toshiba Global
Commerce Solutions and is further confirmation that Asda are
experiencing great value through the platform and the benefits it
delivers."
Darren Holland, UK Sales Director of Toshiba Global Commerce
Solutions, commented: "Toshiba Global Commerce Solutions is
proactively acting on Asda's requirements to help them deliver
innovation and achieve their vision of the future. Our
collaboration with Eagle Eye and integration of their platform with
Toshiba POS systems allows Asda real time reporting and analysis
capabilities for digital campaigns."
For further information, please contact: Eagle
Eye
Tim Mason, Chief Executive Officer Tel: 0844
Lucy Sharman-Munday, Chief Financial 824 3686
Officer
Investec (Nominated Advisor and Broker)
Dominic Emery/David Anderson, Corporate Tel: 020 7597
Finance 5970
Matt Lewis, Rob Baker, Corporate Broking
Hudson Sandler
Nick Lyon/Alex Brennan Tel: 020 7796
4133
Information on Eagle Eye
www.eagleeye.com
Eagle Eye is a leading SaaS technology company that securely
validates and redeems digital promotions in real-time for the
grocery, retail and hospitality industries.
The Company's digital marketing platform, Eagle Eye AIR, enables
the secure, real-time, multi-channel issuance, management and
redemption of digital promotions and rewards, replacing previously
used paper-based methods. Our Eagle Eye platform creates a network
effect between merchants, distributors and brands enabling stronger
connections and value to all parties. Through our four products we
enable brands and merchants to reduce cost, improve their customer
offer and accelerate their innovation.
The Company's current customer base comprises leading names in
UK grocery, retail and hospitality including Asda, J Sainsbury,
Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells &
Butlers, Pizza Express, Tesco and Thomas Pink.
Information on Toshiba Global Commerce Solutions
www.toshibacommerce.com
Toshiba Global Commerce Solutions is retail's first choice for
integrated in-store solutions and is a global market share leader
in retail store technology. With a global team of dedicated
business partners, Toshiba delivers innovative commerce solutions
that transform checkout, provide seamless consumer interactions and
optimize retail operations that are changing the retail
landscape.
To learn more, visit toshibacommerce.com or engage on Twitter
@toshibagcs
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTGSGDRUXGBGRL
(END) Dow Jones Newswires
July 06, 2017 02:00 ET (06:00 GMT)
Eagle Eye Solutions (LSE:EYE)
Historical Stock Chart
From Apr 2024 to May 2024
Eagle Eye Solutions (LSE:EYE)
Historical Stock Chart
From May 2023 to May 2024