CBUY.L Regulatory News (CBUY)

18 August 2014

cloudBuy plc

("cloudBuy" or the "Company")

cloudBuy partners with DUC Consulting International

cloudBuy plc (AIM: CBUY), the cloud eCommerce marketplace, and DUC Consulting International, an innovative IT consultancy practice with expertise and a strong network of contacts across the Middle East and North Africa, have agreed a partnership to expand cloudBuy's operations throughout the Middle East.

Ronald Duncan, Chairman of cloudBuy commented, "With the DUC Consulting International partnership, we can quickly expand cloudBuy operations throughout the Middle East meeting prospects from large corporate, Governments and industry organisations, which will follow up our activities with UKTI and Visa."

Dr Usman Zafar, CEO, DUC Consulting International commented, "We are privileged to be partnering with a highly reputable B2B ecommerce solution provider such as cloudBuy. cloudBuy's leading solutions are an important addition to the portfolio of products we represent and the partnership is aligned with our strategy to provide customers with the latest and best in advanced technologies." 

For further information, please contact:

About cloudBuy PLC

cloudBuy, formerly @UK, is the world's leading transactional Cloud Platform.

cloudBuy has used the platform to build the world leading B2B ecommerce and eprocurement applications which address the full range of buying and selling activities, in an easy to use web and mobile experience. Along with other cloud based applications including Content Management, email and big data analysis.

The applications have already managed over $ 500 billion of spend and are being used by leading organisations around the world to deliver savings and improved services.

The applications are unique in delivering correct pricing in the complex world of B2B whilst being easy enough to use that the people with difficulties can use the system to buy their own social and health care.

For more information, visit www.cloudbuy.com 

About DUC Consulting International

DUC Consulting International is a global company with office in Dubai, UAE and specializes in assisting companies understand the dynamics of markets they wish to enter and the potential impact to their business.

DUC Consulting International has over 20 years of expertise in establishing and opening offices internationally, building partner networks in particular across mainland Europe and in the Middle East and North Africa (MENA) regions. Their expertise covers how to be successful in doing business in specific countries and regions, developing and deploying strategies to gain a foothold, establish market share and building successful business for the long term.

DUC Consulting International provides immediate introductions to targeted strategic accounts in key sectors across Public and Private sectors deploying multiple channel strategies to enter markets and impact market presence with low risk and minimal investment.

· Selection of suitable channel partners

· Alliances and Partners: VAR's, SI's, eServices, ISP, ASP

· Developing and presentation of business proposition to prospective partners

· Creation of Partner contracts

· Creating traction with partners in the market and wining business.

· Training and motivation of partners in the chosen markets.

· Assisting in negotiation of contractual relationships

For more information, visit www.usmanzafar.com