Stilo International Gets Order For Cloud Content Conversion Service

LONDON (Alliance News) - Stilo International PLC Monday said it has received an order for its cloud content conversion service, Stilo Migrate, from a "major" semi-conductor manufacturer.

The value of the order is USD765,000 spread over three years, with USD265,000 due in 2015.

Migrate is a cloud service that enables subject matter experts to automate the conversion of their content and provides greater control over conversion quality, immediate turnaround times and operates on a low-cost, pay-as-you-use basis, according to the company's website.

"The order is the culmination of significant effort across the company, and represents a testament to the quality of Stilo's technology, technical expertise and supporting services," said Chief Executive Les Burnham.

Stilo shares were up 14.1% to 3.71 pence per share on Monday afternoon.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

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