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Pin to quick picksEagle Eye Share News (EYE)

Share Price Information for Eagle Eye (EYE)

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Share Price: 487.00
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Eagle Eye Solutions Adds Clients To Digital Transaction Platform, Trades In Line

Mon, 09th Jun 2014 08:33

LONDON (Alliance News) - Eagle Eye Solutions Group PLC said Monday that a number of new companies have gone live on its digital transaction platform as it continues to trade in line with board expectations.

The digital customer engagement services company said retail and leisure companies Clarks, JD Sports, La Tasca, One Stop, Pets at Home PLC and Spirit Pub Company PLC have all now gone live on the company's patented Eagle Eye AIR digital transaction platform.

Eagle Eye said it continues to trade in line with the board's expectations and, in keeping with management's focus on growing recurring and transactional revenues, the latest live customers are together expected to deliver annualised revenues that exceed GBP500,000.

Benefits to going live on the platform include shopper data insights, reduced operating costs and improvements to the overall shopper experience, said Eagle Eye.

"In line with our stated growth strategy we are continuing to develop our network by increasing our customer base and extending our core solutions - including new click and collect, staff reward management and giftcard fulfilment - that can be delivered across any distribution channel," said Chief Executive Phillip Blundell.

The company began trading on London's AIM market April 16 at 164 pence per share with an initial market capitalisation of GBP33.0 million.

Shares in Eagle Eye were trading 4.02% higher at 169.04 pence per share Monday morning.

By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.

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