RNS30 Jul 2013 10:18
A good positive RNS
In the first six months of 2013, we continued the successes of the second half of 2012.
During this half year period we announced a partnership with Equens S.E., the largest pan-European payment processor, and leaders in the market for future-proof payments and card processing solutions. Pursuant to this we have earned significant revenues from providing our platform, Motif, to a German bank. As well as new customers, we continue to enjoy follow-on revenue from existing customers looking to add functionality.
The mobile financial services market continues to evolve and the strategic partnerships which we have recently entered into reflect the high value which industry professionals place on our resilient and robust infrastructure and Vipera's credentials in this arena.
We have continued to invest in our platform, in particular ensuring that our product, Motif, evolves in parallel with developments and opportunities in the mobile payments market.
In addition we reached agreement with Red Zebra Analytics to integrate their product "3D Offers" within Motif. This provided an extension of our product offering with the addition of an analytics suite adding additional value to our customers through couponing and cash back functionality.
I find myself being able to repeat a comment which I made in last year's interim statement: that we anticipate that our full year revenues will comfortably exceed that of the prior year; by just how much depends on a number of factors, including speed of delivery and our customers' own preparedness for the product roll-outs which we are delivering.
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