ARTA.L Regulatory News (ARTA)

Artilium plc

("Artilium" or the "Company")

 Artilium acquires Livecom International to enhance its call centre offering

Highlights

· Artilium to acquire Livecom International B.V and Chinese JV of Livecom (together "Livecom") for a total consideration of €512,500

· €450,000 of consideration to be paid in cash, remainder by the issue of 880,460 new ordinary shares at 5.38 pence per share, locked in for 12 months

· Livecom supplements Comsys' portfolio of call centre offerings

· Livecom provides a single web application that handles all customers contacts via chat, e-mail, voice as well as providing expert knowledge base

· The acquisition is expected to be earnings accretive in the first year

Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, is pleased to announce the acquisition of the entire issued share capital of Livecom International B.V as well as a 50 per cent. stake in the Chinese JV of Livecom (together the "Acquisition"). The Acquisition is expected to be immediately earnings enhancing, adding new services to the call centre portfolio of Artilium's subsidiary, Comsys.

About Livecom

Livecom (www.livecom.com) is a specialist in customer interaction management, providing a single web application that handles all customer contacts via chat, e-mail, voice as well as the expert knowledge base. Livecom has over 10 years of experience in developing, delivering and hosting customer interaction management services. Livecom has a strong customer base in the Netherlands and has already conducted an initial product integration with the Comsys portfolio. In addition, Livecom is expanding its offering to include new customer interaction channels such as Whatsapp.

Bart Weijermars, Chief Executive Officer of Artilium said:

"The integration of Livecom's business with our subsidiary Comsys offers a very exciting opportunity for Artilium. Comsys has already established Artilium in the call centre market and the addition of Livecom's application presents exciting new capabilities to that offering. Importantly this creates additional value to our customers and additional growth opportunities for us."

Details of the Acquisition

Artilium will pay a total consideration of €512,500 for Livecom that will be satisfied by a cash payment of €450,000 and the immediate issue of 880,460 new ordinary shares of 5 pence each ("Ordinary Shares") at a price of 5.38 pence per Ordinary Share (the "Consideration Shares").

Livecom is based in the Netherlands and in the year to 31 December 2015 generated revenues of €866,669, EBITDA of €213,755 and had net assets of €75,696 as at that date.

Application will be made for the Consideration Shares to be admitted to trading on AIM and admission is expected to take place on 15 February 2016. The Consideration Shares will rank pari passu with the existing ordinary shares of the Company and are subject to a 12 month lock in.

Following admission the total number of issued Ordinary Shares in the Company will be 297,542,760 Ordinary Shares. This figure may be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to the interest in, the Company under the FSA's Disclosure and Transparency Rules.

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About Artilium

Artilium is a demonstrated leader in the development of next generation communication technologies. Artilium's strategy focuses on supporting its customers to successfully grow their business by providing flexible, cost effective and innovative solutions.

Artilium's innovation-driven strategy empowers telecom operators around the globe to face the tremendous challenges ahead. We combine next-generation technology with traditional telecom environments to create exciting new business opportunities for our customers. This ensures that our customers are able to keep up with rapidly evolving market demands while simultaneously growing their businesses. 

ARTA® is the real-time Authentication, Authorization and Accounting (AAA) software that brings a full suite of new functionalities to telecom Operators and virtual Operators. Thanks to ARTA® value-added services portfolio, including for instance AAA of voice, text and data services, VoIP, 3G and 4G compliance, mobile payments and location-based services, our partners are more than ready to meet future customer needs.

Today, multiple renowned national and international telecommunication companies rely on Artilium to deliver voice, text and data services to about 1.5 Million end users every day.

Artilium's "Pay-As-You-Grow" model allows us to scale our solutions to the exact needs of our customers. As a latest innovation, Artilium offers its product suite from the Cloud as a PAAS (Platform As A Service), yielding ARTA's scalability, flexibility and proven stability.

Artilium PLC is a publicly listed software company on the London Stock Exchange (LSE/AIM: ARTA).