ACT.L Regulatory News (ACT)

30 May 2022

RNS Reach

Actual Experience plc 

("the Company" or "Actual Experience")

New Portal Launch

Newly refined Digital Workplace Management System launched following extensive customer engagement

Actual Experience (AIM: ACT), the Human Experience Analytics-as-a-Service company, is pleased to announce the launch of its new Digital Workplace Management System (DWMS) portal. By providing an engaging and intuitive interface, the new portal brings the Company's Human Experience insights to life for customers and forms a stronger foundation for their strategic decision making as they build sustainable new ways of working within their organisations.To ensure the portal is as refined and market ready as possible, the Company has been actively engaging with both their existing and prospective customer base to align the development effort directly to the needs of the commercial landscape.

The Product team has developed this innovative new offering and will continue to drive a deep understanding of the needs of customers and the wider market into the work of the Company. The team is led by Scarlet Jeffers, a recent hire who has taken on the role of the Company's Chief Product Officer. This appointment saw a significant strengthening of our product development and customer experience expertise.

Scarlet brings ten years of experience in product leadership and taking products to market, specialising in new product development and pivots to achieve product-market fit. With experience working at Apple and EY and also co-founding and scaling successful SaaS startups, she brings the knowledge and experience needed to apply our unique technology to the current market needs and to lead the Company through a growth phase to scale.

Dave Page, CEO of Actual Experience plc, commented:

"The development of the new DWMS portal is a key step in Actual Experience's transition from start-up to scaleup. We now have a refined product with which to accelerate our direct sales and marketing efforts and execute on our go to market strategy. The development of the new portal is down to the efforts of Scarlet and her team. Scarlet's appointment represents another significant strengthening of our executive team as we focus on transitioning from start-up to scaleup and enhancing and refining our product offering to clients."

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About Actual Experience

Actual Experience's goal is to make the digital world work for everyone, everywhere, all of the time. As the working world evolves post-pandemic, the global shift to a flexible hybrid model has brought with it a significant challenge; how do businesses create an environment that gives their people what they need to thrive, whilst protecting the commercial efficiency of the business and driving growth at the same time?

By underpinning their strategic decision making with our data-driven insights, our customers gain the clarity and confidence needed to build sustainable digital ecosystems within their organisations - delivering both a great employee experience and increasing the efficiency of the digital workplace. Powered by over 10 years of academic research, our service doesn't need any interaction with employees to provide a unique and highly actionable dataset that People, Technology and Finance leaders can rely upon to plan impactful projects against their most critical agenda items including wellbeing, profitability, DE&I and ESG initiatives.

Actual Experience is listed on the London Stock Exchange (AIM: ACT). Our corporate headquarters are in Bath, UK. Actual Experience's unique and patented digital analytics-as-a-service is founded on cutting-edge research from Queen Mary University of London.

For further information please visit www.actual-experience.com