(Sharecast News) - Cloud communications provider LoopUp said on Thursday that it had secured a "major new contract" with a top-five global law firm and extended its partnership with C&W Communications through to 2022.
LoopUp said its deal with the mystery law firm would see the group provide its LoopUp Meetings product globally and had the potential to become one of its largest accounts.
As far as the C&W extension was concerned, the AIM-listed group will offer up its "Conferencing on Demand" platform as part of the client's Unified Communications and Collaboration portfolio of products.
LoopUp added that it had launched two new online plans for LoopUp Meetings to promote lead generation via the product's established network effect in order to target market users for a freemium model of the platform.
Co-chief executives said: "We are pleased to announce the group has secured these important contract wins demonstrating the continued momentum at LoopUp.
"Great communications have always been at the heart of successful organisations, now more than ever. We are delighted to be chosen and relied on to provide simple and secure business-critical communications in these challenging times."
As of 1030 BST, LoopUp shares were up 2.87% at 205.74p.