(Alliance News) - VR Education Holdings PLC on Friday said its virtual communications software platform Engage continues to see a strong performance, with large multinationals signing up for the service.
VR Education shares surged 11% at 18.30 pence each in London on Friday midday.
The AIM-listed virtual reality technology company said that the platform landed "one of the world's leading consumer goods companies", but fell short of naming the company. VR Education did say, however, that the new client was in the top 100 companies worldwide by revenue.
A US multinational firm, with a market cap of more than USD100 billion, also signed a contract to use Engage's virtual office solution.
Engage is a virtual communications platform which is used for collaboration, education, simulated training and virtual events.
Facebook Inc, an Engage client since last year August, has renewed its enterprise account and doubled the number of user licenses.
VR Education Chief Executive David Whelan said: "Engage continues to add blue-chip enterprise clients to the platform. We are building long-term partnerships with our customers as we invest in Engage to meet the changing communication needs of leading international organisations. This investment is being rewarded with new customers and by existing clients renewing their accounts while increasing their user numbers."
By Greg Roxburgh; gregroxburgh@alliancenews.com
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