Crimson Tide Share News (TIDE)

(ShareCast News) - Crimson Tide has won another major contract for its mobile business app.The Kent-based technology solutions company announced Thursday that they had entered into a landmark contract for its mpro5 platform with one of the country's leading retailers.It's expected to bring in approximately £1.1m over the 36 month term of the deal, and the rollout is expected to begin by the end of 2015.The client, which hasn't been named, has validated a "unique use of the tool in management of insurance claims and retail store safety".Crimson Tide executive chairman Barrie Whipp said the team has worked tirelessly to land this deal."We believe that the solution has further potential both with this client and with other retailers nationally and internationally."The impact of this transaction will transform the way we address further opportunities and is an endorsement of mpro5's power and versatility."