TIDMNLG

Arria NLG PLC

19 December 2016

19 December 2016

Arria NLG plc

("Arria NLG" or "Arria")

Recount Product Launch UK - Integrated with Xero

Arria NLG (AIM: NLG), a technology leader in Natural Language Generation ("NLG"), is pleased to announce the UK launch of Recount, a Software as a Service ("SaaS") business reporting tool that integrates with online accounting system Xero. Recount writes up instant financial insights direct from the data with no human intervention.

Successful beta

Following on from the anouncement on 31 August 2016, Arria NLG completed a successful beta schedule and is now accepting new customers. Recount offers users a 30-day free trial period, with a monthly subscription starting at the end of the 30-day period. UK customers can access expert financial business reporting from GBP20 + VAT per month.

Integrated with Xero

Aimed at small to medium-sized businesses, Recount integrates with Xero to provide insights into the health of a business. It aims to educate and explain the financial metrics of a business through actionable reports that are easy to understand. Recount launches in the UK with the following features to help business owners get to know their business better:

 
  --Business    --Interactive    --Sales Report    --Cash Report 
  Healthcheck       Charts 
  --Expenses    --Receivables   --Sales Forecast   --Word Export 
    Report          Report

Product roadmap

Arria NLG's aim is to build a product that becomes an integral part of running a business. Future development of Recount will see continuous updates and releases of new features based on customer feedback. Arria NLG has hired an in-house Subject Matter Expert - a Chartered Accountant with over 20 years' experience, to work closely with customers to ensure product development meets their needs and objectives, and outperforms expectations.

Arria NLG plans to expand Recount's integrations to connect to other popular online accounting systems such as QuickBooks and Sage.

During 2017, Recount will also be launched in Arria NLG's main territories - North America and Asia Pacific.

Sharon Daniels, Chairman and Interim CEO of Arria NLG, commented: "For the first time, small- to medium-sized businesses have access to affordable accounting expertise and reporting at the click of a button. There has been positive feedback from the beta testing phase and it's been encouraging to have early adopters finding the product so useful. I'd like to personally thank the team at Arria NLG for all their hard work in bringing our first SaaS product to market and I'm extremely excited for its future developments in 2017."

For further information, please visit www.arria.com or contact:

 
Arria NLG plc - Chairman      Tel +44 (0)20 7100 4540 
 and Interim Chief Executive 
 Sharon Daniels 
----------------------------  --------------------------------------- 
Allenby Capital Nominated     Tel: +44 (0)20 3328 
 Adviser & Joint Broker        5656 
 Nick Naylor 
 Jeremy Porter 
 James Reeve 
----------------------------  --------------------------------------- 
MSL Capital Markets Lead      Tel: +64 (0)4 472 2716 
 Manager 
 Andrew McDouall 
 Justine Dunnett 
 Peter Lynds 
----------------------------  --------------------------------------- 
Stockdale Securities          Tel: +44 (0)20 7601 
 Joint Broker                  6100 
 Antonio Bossi 
 Robert Finlay 
----------------------------  --------------------------------------- 
IFC Advisory Financial        Tel: +44 (0)20 7 652 
 PR and IR                     9788 
 Tim Metcalfe                  tim.metcalfe@investor-focus.co.uk 
 Graham Herring                graham.herring@investor-focus.co.uk 
 Heather Armstrong             heather.armstrong@investor-focus.co.uk 
----------------------------  --------------------------------------- 
Ruder Finn PR (USA)            Tel: +1 541-326-5847 
 Scott Beaver (West Coast)      Tel: +1 203-246-1304 
 Brianna Mulligan (East 
 Coast) 
----------------------------  ---------------------------------------

Arria NLG

Arria NLG's core product is known as the Arria NLG Platform, a form of artificial intelligence software, specialised in extracting information from complex data sources and communicating that information in natural language (i.e. as if written by a human). The scientific foundation for the Arria NLG Platform is based on more than 30 years of research and development by the Arria Data2Text Founders at the University of Aberdeen. For additional information, visit www.arria.com. Follow Arria NLG on Twitter, LinkedIn, Google+ and YouTube.

Recount

Recount is an Artificial Intelligence (AI), SaaS based solution developed by Arria NLG for use by small and medium sized businesses, to provide them with access to full time skills common to financial analysts, spotting trends, identifying problems, and forecasting what's likely to happen next. Using Arria NLG' patented technology, Recount provides users with natural language narrative, interactive charts, detailed reports on sales, cash position, expenses and simple sales forecasts; all able to be exported to Microsoft Word and available for as little as the equivalent of GBP20+ VAT per month. For more information visit Recount.com and follow Recount on Twitter.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 19, 2016 10:03 ET (15:03 GMT)

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