CTEA.L Regulatory News (CTEA)

22 Oct 2018 07:00

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

Signed Agreement with Southend United Football Club

Catenae signs agreementCatenae (AIM:CTEA), the AIM quoted provider of digital media and technology, is pleased to announce that it has signed a 3 year agreement with Southend United Community and Educational Trust for the provision of its OnSide application.

The agreement will attract a modest one-off Implementation fee in respect of initial set-up and customisation and an ongoing annual licence fee payable in advance.

OnSide is a centralised management tool specifically developed for sports organisations. It deals with all the key elements of community coaching from scheduling of staff and timesheet processing through to attendee management and reporting in a GDPR compliant platform.

Tony Sanders, CEO of Catenae, commented:“We are having conversations with a number of football clubs regarding their community programmes and how they operate. We have found there are a number of recurring themes; from the difficulty of proving validated outcomes for their funding providers, GDPR compliance, through to providing safe environments for their participants. OnSide has been developed directly with football clubs’ community trusts to provide the necessary information and controls they require. Southend United Community and Educational Trust are placing themselves as one of the front runners having recognised the importance of bringing together various information sources into a centralised system to increase efficiency and help improve their outcomes. We are extremely pleased to be working with them and look to add agreements for further clubs in the near future”

 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).

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