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Pin to quick picksCerillion Regulatory News (CER)

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Market Cap: £308.70m
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Major Contract Win

25 Jun 2019 07:00

RNS Number : 2549D
Cerillion PLC
25 June 2019
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25Β June 2019

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Major New Contract Win

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Cerillion, the billing, charging and customer relationship management software solutions provider, is pleased to announce a major new contract win worth an initial Β£4.8m with LINK Mobility, Europe's leading provider of SMS and message delivery solutions. This win supports existing market forecasts and continues the Company's trend towards securing larger deals, following the Β£5.1m contract win announced on 14 June.

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The contract is for the supply and installation of Cerillion's Enterprise BSS/OSS* suite to support LINK Mobility's growth across multiple international territories, in what will be an extensive transformation project. The initial implementation will be delivered over the next nine months.

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Cerillion's solution will provide back office and operational support systems, including CRM, billing, convergent charging, order management, workflow and network provisioning.

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TorbjΓΈrn KrΓΈvel, CTO of Link Mobility, said:

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"LINK has run an extensive selection process over the last eighteen months to identify a partner who can unify our complex business on a single platform. It has been important for us to select a partner who could demonstrate their ability to support our current business models and who also had a product evolution vision that future-proofs our business plans. We are delighted to be working with Cerillion on this project."

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Louis Hall, CEO of Cerillion, said:

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"We are delighted to have secured this prestigious contract with LINK Mobility. It is another example of the larger contracts that we are now securing, and demonstrates the diversity of business needs that the Cerillion platform is able to support as well as our ability to deploy multi-tenanted solutions across multiple international operating units."

*Business Support System/Operations Support System

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For further information please contact:

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Cerillion plc

Louis Hall, CEO

Oliver Gilchrist, CFO

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c/o KTZ Communications

T: 020 3178 6378

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Shore Capital (Nomad and Broker)

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T: 020 7408 4090

Toby Gibbs, Mark Percy

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KTZ Communications

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T: 020 3178 6378

Katie Tzouliadis, Dan Mahoney

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About Cerillion

www.cerillion.com

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Cerillion has a 19-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector but also to other markets, including utilities and financial services. The Company has approximately 90 customer installations across 44 countries.

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Headquartered in London, Cerillion has operations in Pune, India, where its Global Solutions Centre is located, Sydney and Miami.

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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