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(Alliance News) - Cerillion PLC on Tuesday hailed its largest ever contract win as it announced it has signed an agreement worth GBP11.2 million with a major UK provider of enterprise connectivity solutions.
The billing and customer relations management software firm said the contract with the unnamed client is for the supply and implementation of Cerillion's Enterprise Business Support System/Operations Support System Suite, which is the company's pre-integrated end-to-end CRM and billing solution.
Cerillion stated the contract was awarded following an extended competitive selection process, adding that delivery is scheduled to begin immediately.
The majority of income from the contract - including software licences and services - is expected to be recognised in the next 12 months. The contract has an overall term of five years.
"We are delighted to have been awarded this major contract, the biggest single win in Cerillion's history. During the selection process our end-to-end capabilities and reputation for successful delivery proved to be the differentiating factors over our competition. This is the latest demonstration of the ongoing momentum of the business and increasing recognition of the quality of our solutions," said Chief Executive Louis Hall.
Shares in Cerillion were trading 12% higher at 330.00 pence each on Tuesday morning in London.
By Ife Taiwo; ifetaiwo@alliancenews.com
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