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Pin to quick picksCrimson Tide Share News (TIDE)

Share Price Information for Crimson Tide (TIDE)

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Share Price: 162.50
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Crimson Tide Gets New Mpro5 Deal Worth GBP75,000 Over 36 Months

Wed, 29th Oct 2014 08:03

LONDON (Alliance News) - Crimson Tide PLC Wednesday said it has won a 36-month contract worth about GBP75,000 in contracted margin revenue to supply its mpro5 product to Macdet Hygiene Services Ltd.

Crimson tides makes enterprise smartphone and tablet apps, and Macdet will use the apps to complete paperwork whilst on site, "saving considerable costs for the client", it said.

"Having known the company for some time, we believe that we have established a good partnership and look forward to continuing to help Macdet with our continuously improving mpro5 system. Macdet's services are recognised by a number of blue chip companies and the company is a leader in cleaning and hygiene," Chairman Barrie Whipp said in a statement.

Crimson Tide shares opened down 1.6% at 1.50 pence early Wednesday.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

Copyright 2014 Alliance News Limited. All Rights Reserved.

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