Cerillion Share News (CER)

(Sharecast News) - Cerillion has secured a £5.1m contract with Danish telecom and utility company, SE Group.The contract covers the supply and installation of Cerillion's Enterprise BSS/OSS software suite. Cerillion said a significant proportion of revenue will be recognised in the current financial year, reflecting the software licence element of the contract, and the initial implementation will be delivered over the next 12-18 months.The Enterprise BSS/OSS suite covers the provision of back office and operational support systems, including CRM, billing, order management, workflow, network provisioning and self-care functionality. SE Group provides telecoms and TV services through its two brands, Stofa and Boxer. It is Denmark's second largest provider of broadband and television.Chief executive officer Louis Hall said: "We are delighted to have secured this new contract with a large European energy provider. Our Enterprise suite provides a comprehensive, pre-integrated, end-to-end solution."This is a significant win for the company reflective of the larger contracts we are now securing, and will benefit revenues and earnings in the current financial year and beyond."