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Imaginatik Signs New Contracts, Expands Services With Existing Customers

Tue, 18th Mar 2014 11:39

LONDON (Alliance News) - Imaginatik PLC Tuesday said that it had signed five new customers for a mixture of consultancy and technology based contracts since the start of the calender year.

Additionally, Imaginatik said that three of its existing blue chip customers had taken up additional services.

Imaginatik won contracts with a technology company, pharmaceutical business, a US University, an equipment manufacturer and a North American based nutrition business. It did not name any of the businesses involved, or provide financial details of the contracts.

"These new contracts add to the recurring revenue base for the business, enhancing revenue visibility into 2015," said Executive Chairman Matt Cooper in a statement Tuesday.

Shares in Imaginatik were trading up 4.00% at 0.0910 pence Tuesday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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