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Catenae Innovation Plc: Licence Framework Agreement Signed

5 Feb 2019 07:00



Catenae Innovation Plc: Licence Framework Agreement Signed

CATENAE INNOVATION PLC("Catenae" or the "Company")

Licence Framework Agreement Signed

Catenae (AIM:CTEA), the AIM quoted provider of digital media and technology announces it has entered into a 5-year renewable licence framework agreement with Z/Yen Group Limited for the use of “ChainZy” - Z/Yen’s distributed ledger platform.

ChainZy delivers high speed, secure data and transaction handling capabilities utilising distributed ledgers. ChainZy is designed to be used in market sectors that require the secure, authoritative and immutable history of auditable transactions: financial services, private utilities, the public sector and many other areas of business and government activity.

The ChainZy platform can be utilised to support Catenae’s universal digital repository application, Sequestrum, as well as future applications the Company may develop. Sequestrum provides the immutability function for the recently launched OnSite product and ChainZy provides the distributed ledger platform in this instance. ChainZy has been extensively tested with Sequestrum and is our preferred platform.

The use of the Chainzy product and associated licence fee will be dependent on the Company’s solution for each specific client. The fee structure will take the form of a licence fee and / or a per transaction fee.

Professor Michael Mainelli, Executive Chairman and co-founder Z/Yen Group Limited, commented“Catenae’s business is the perfect synergetic match for ChainZy. We have a good working relationship over many years with their excellent CTO, Alan Simpson. Their desire to deliver smart ledgers for responsible independent time recording on our ‘Internet of Record’, ChainZy, is commendable. We look forward to developing more innovations that fundamentally alter the way business does business and government governs.”

Tony Sanders, CEO commented:“We are pleased to formalise our relationship with Z/Yen, who have been working in the distributed ledger arena for a good number of years under the world-renowned thought leadership of Professor Mainelli. We look forward to this mutually beneficial relationship, collaborating together to develop real-world, commercially viable solutions that meet pressing corporate and organisational needs.”

 This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged for release of this announcement on behalf of the Company was Tony Sanders (Chief Executive Officer).

For further information:

Catenae Innovation PlcTony SandersTel: 020 7929 7826
Cairn Financial Advisers LLP, Nominated AdviserLiam Murray / Jo Turner Tel: 020 7213 0880
Alexander David Securities Limited, BrokerDavid Scott / James Dewhurst Tel: 020 7448 9820


Date   Source Headline
26th Nov 20078:52 amRNSHolding(s) in Company
23rd Nov 20077:01 amRNSDirectorate Change
21st Nov 20072:33 pmRNSHolding(s) in Company
12th Nov 200711:00 amRNSHolding(s) in Company
25th Oct 20078:58 amRNSHolding(s) in Company
18th Oct 200710:57 amRNSHolding(s) in Company
17th Oct 20079:18 amRNSHolding(s) in Company
12th Oct 200711:19 amRNSHolding(s) in Company
5th Oct 20072:02 pmRNSHolding(s) in Company
3rd Oct 20077:00 amRNSHolding(s) in Company
28th Sep 20073:59 pmRNSHolding(s) in Company
28th Sep 20078:40 amRNSHolding(s) in Company
25th Sep 20074:38 pmRNSHolding(s) in Company
25th Sep 20074:15 pmRNSHolding(s) in Company
17th Aug 20077:00 amRNSAIM Rule 26
14th Jun 20077:01 amRNSInterim Results
21st May 20077:00 amRNSDirectorate Change
11th Apr 20072:42 pmRNSHolding(s) in Company
20th Mar 20079:50 amRNSHolding(s) in Company
8th Mar 20073:08 pmRNSAGM Statement
13th Feb 20077:01 amRNSFinal Results
9th Feb 20071:36 pmRNSChange of Registered Address
13th Dec 20063:19 pmRNSVoting Rights
3rd Oct 20061:03 pmRNSHolding(s) in Company
19th Sep 200611:36 amRNSHolding(s) in Company
15th Sep 20063:48 pmRNSDisposal
15th Sep 20063:29 pmRNSHolding(s) in Company
11th Sep 20063:48 pmRNSEGM Statement
7th Sep 20063:47 pmRNSHolding(s) in Company
30th Aug 200612:13 pmRNSHolding(s) in Company
29th Aug 20067:02 amRNSDisposal Agreement
21st Aug 20067:16 amRNSDisposal Agreement
4th Aug 20063:49 pmRNSProposed Disposals
30th Jun 20061:43 pmRNSInterim Results
8th Jun 20067:02 amRNSDisposal of Passion Radio Ltd
11th May 200611:42 amRNSProduct launch & RAJAR Update
28th Apr 20063:03 pmRNSResult of AGM
31st Mar 20063:04 pmRNSFinal Results
28th Feb 20063:58 pmRNSDisposal
2nd Feb 20063:53 pmRNSAudience Figures
1st Feb 20067:01 amRNSProposed Disposals
27th Oct 20059:35 amRNSRAJAR Wave 3 2005
25th Aug 20057:00 amRNSDisposal
4th Aug 20052:25 pmRNSRAJAR Q2 2005
27th Jun 20057:00 amRNSInterim Results
23rd Jun 20057:00 amRNSDirectorate Change
13th May 20055:23 pmRNSHolding(s) in Company
13th May 200511:49 amRNSSAR 3 - Milestone Group PLC
5th May 20053:09 pmRNSRAJAR Q 1
21st Apr 20054:18 pmRNSHolding(s) in Company

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