ABAL.L Regulatory News (ABAL)

13 December 2013

Imaginatik Plc

("Imaginatik" or the "Company")

Contract Extension with Leading US Insurer

Imaginatik plc (AIM: IMTK.L), the world's first full service innovation provider, is pleased to announce it has secured a significant two year contract extension with an existing customer, a leading global property and casualty insurance firm.

The customer will continue to utilise Imaginatik's software and services to support its enterprise-wide innovation programme focused on cost-reduction, process improvement and product development.

Matt Cooper, Executive Chairman of Imaginatik, commented, "We are delighted to have secured the extension of this significant contract, adding to our strong third quarter. This renewal is testament to the quality of our offering and demonstrates the value customers place on our service as they seek to incorporate innovation across their businesses."

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About Imaginatik

Imaginatik® is the world's first full-service innovation provider. We have 16 years of experience building innovation into a sustainable competence at some of the world's largest and most respected companies. Through a mix of consulting and advisory, hands-on innovation projects and program management, and our award-winning enterprise software platform, we help clients develop innovation capability into a permanent competitive advantage. Imaginatik is the trusted partner of leading organisations including Blue Cross Blue Shield, CSC, Cargill, The World Bank, Mayo Clinic, The Chubb Group of Insurance Companies, HCA, Dow Chemical and Goodyear.

Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World Economic Forum Technology Pioneer with offices in Boston, MA, and Fareham, UK. For more information visit www.imaginatik.com.