Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Crimson Tide cheers with new contract win

Thu, 04th Jun 2015 08:11

Software developer Crimson Tide jumped on Thursday morning after announcing that it has been selected to provide proof of delivery information on deliveries across London for a well-known information provider.The four-year agreement, which has the option to be extended, will generate a minimum of £218,000 of contracted revenue over its term.Crimson will provide the service using its mpro5 system by communicating with the client's scheduling system to collect and receive delivery data from mobile devices used by drivers and delivery workers.The company's chairman, Barrie Whipp, said: "This long term contract with a leading market participant demonstrates the ongoing success and increasing scalability of the mpro solution. "As a trusted provider of enterprise mobile solutions, our footprint is growing and our software evolving to meet a market hungry for cross platform cloud mobility."

Related Shares

More News
17 Apr 2024 11:16

Crimson Tide annual revenue jumps 15%; promotes COO Meyers to CEO

(Alliance News) - Crimson Tide PLC on Monday reported a jump in revenue and narrowed loss in 2023, as it promoted its chief operating officer to the r...

23 Jan 2024 11:16

Crimson Tide edges higher as swings to profit; turnover up 15%

(Alliance News) - Crimson Tide PLC on Tuesday said its full-year revenue has edged up 15% and it is "well positioned" for growth.

28 Nov 2023 12:22

Crimson Tide anticipates narrowed loss in 2023 on mpro5 demand

(Alliance News) - Crimson Tide PLC on Tuesday said it expects a narrower yearly loss as clients are turning to its mpro5 offering for efficiency drive...

24 Oct 2023 15:48

UK shareholder meetings calendar - next 7 days

10 Oct 2023 11:53

IN BRIEF: Crimson Tide extends contract with major client

Crimson Tide PLC -Kent, England-based software developer and provider of mpro5 solution - Extends contract with one of the UK's "leading educational c...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.