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
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Crimson Tide (TIDE)