LONDON (Alliance News) - Crimson Tide PLC Wednesday said it has signed two three-year contract extensions for its mpro5 mobile business software, one with KBA (UK) Ltd and the other with one of the UK's largest facilities management support companies, worth over GBP200,000 in total.
mpro5 is subscription-based and is aimed at helping organisations to improve efficiency and reduce costs by removing paperwork.
For example, KBA (UK) Ltd, part of printing press maker Koenig and Bauer Group, uses the software with KBA's own customer relationship management software so that all customer service tickets raised synchronise down to its field engineers' iPhones.
Crimson Tide shares were down 1.8% at 1.35 pence Wednesday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1
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Crimson Tide (TIDE)