The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDEV.L Regulatory News (DEV)

  • There is currently no data for DEV

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Partnership announcement

17 Sep 2020 07:00

RNS Number : 2383Z
Dev Clever Holdings PLC
17 September 2020
 

Dev Clever Holdings plc

("Dev Clever" or "the Company")

 

Partnership announcement

 

Agency Services division: three-year commercial partnership with Low6 LTD ("Low6)

 

Dev Clever, a leading developer of consumer engagement experiences, is pleased to announce that it has signed a three-year commercial partnership with Low6 LTD ("Low6"), a leading provider of mobile pool betting applications.

 

The commercial partnership enables Low6's mobile quiz based pool betting application, 'PubWars', which has been designed for licensed hospitality venues, to be fully integrated with Dev Clever's Engage gamification platform and 'PubPal', the Company's mobile, contactless ordering and payment service.

 

The fully integrated solution, which will include all three applications, will provide hospitality venues with greater value and digital consumer engagement through a complete loyalty, incentive management, mobile ordering and gamification platform. The complete solution can be managed from a single operating system, ultimately enabling brands to more effectively implement purchase-driven promotions at their sites and venues.

 

Dev Clever's Engage platform currently manages consumer incentives in over 2,500 venues across the UK, as well as facilitating brand-led activations across many more. Low6 is in the final stages of implementing its 'PubWars' application, in partnership with SKY, across 1,300 new venues in the UK.

 

Dev Clever believes that the joint offering will add significant value to brands and their customers and will provide a compelling service proposition to rollout to hospitality operators, including pub estates.

 

Both 'PubPal' and 'PubWars' are offered to venues on a Software as a Service (SaaS) model which includes a commission payable to both Dev Clever and Low6 based on each consumer transaction. The commercial partnership is set to be funded by a development and integration fee of £115,000, paid to Dev Clever by Low6, and an ongoing revenue share from consumer transactions.

 

Chris Jeffries, Chief Executive Officer of Dev Clever, said:

 

"While our Educate division and EdTech partnerships with Lenovo and Veative Labs remains the Company's main focus, our Engage platform continues to gain traction and grow. This partnership with Low6 strengthens our existing proposition and we are excited to bring this new integrated platform to our Agency Services clients."

 

Jamie Mitchell, Co-Founder of Low6, commented:

 

"We are delighted to be partnering with Dev Clever on the PubWars project, which has tremendous scope to reach every pub in the U.K. Dev Clever bring a proven track record of delivering in this space, and we are excited to be bringing our two talented teams together. "

 

 

-ends-

 

 

Dev Clever Holdings plc

Christopher Jeffries

Chief Executive Officer and Executive Chairman

Nicholas YdlibiChief Financial Officer

+44 (0) 330 058 2922

 

 

Novum Securities Limited - Financial Adviser and Joint Broker

David Coffman / Colin Rowbury

+44 (0) 20 7399 9400

 

 

Pello Capital - Joint Broker

Daniel Gee

+44 (0) 203 700 2534

 

 

Buchanan Communications

Richard Oldworth / Chris Lane

+44 (0) 207 466 5105

 

Notes to Editors

 

Dev Clever Holdings plc, together with its wholly owned subsidiary DevClever Limited, is a software and technology group based in Tamworth, United Kingdom, specialising in the use of lightweight integrations of cloud-based VR and gamification technologies to deliver rich customer engagement experiences across both the education and commercial sectors. In January 2019, Dev Clever listed on the Standard List of the London Stock Exchange. The Group's core focus is the development and commercialisation of its core platforms:

 

Educate Division:

 

Careers guidance and recruitment solution that offers secondary schools, colleges, universities, apprenticeship providers and employers with a range of digital products to more efficiently recruit and develop applicants and skills within their institutions and organisations.

 

Agency Services:

 

The Company's agency services division provides customers from the retail, brand and hospitality sectors with bespoke application and customisation of the Group's proprietary cloud-based products in order to increase consumer engagement, transactional efficiencies and enhance customer experience within their venues, our products include:

 

Engage: a proprietary cloud-based gamification solution that offers brands and retailers a range of products to drive higher levels of consumer engagement via the use of digitally redeemable incentives at the same time as fully controlling spend.

 

PubPal: a proprietary, cloud based mobile, contactless ordering and payment product developed to support the independent hospitality sector. Offered as a Software-as-a-Service ("SaaS") platform, PubPal is a stand-alone product that provides venue operators with a light touch mobile ordering system that doesn't require customers to download a mobile app. PubPal is an easy to implement solution that requires no upfront cost or the need for operators to have compatible Electronic Point of Sale software.

 

Experience: a multi-user virtual reality (VR) framework and augmented reality framework that enables customers of our Engage and Educate channels to extend their customer and student experiences through VR.

 

For further information, please visit www.devcleverholdingsplc.com

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTSFUEEMESSEDU
Date   Source Headline
19th Aug 20197:05 amRNSContract
19th Aug 20197:00 amRNSPlacing and Appointment of Joint Broker
12th Aug 20197:00 amRNSHolding(s) in Company
7th Aug 20192:30 pmRNSHolding(s) in Company
5th Aug 20197:00 amRNSVanguard: Fight for Rudiarius Update
2nd Aug 20197:00 amRNSIssue of Equity
29th Jul 20192:00 pmRNSHolding(s) in Company
26th Jul 20197:00 amRNSHalf-year Report
24th Jul 20192:05 pmRNSSecond Price Monitoring Extn
24th Jul 20192:00 pmRNSPrice Monitoring Extension
24th Jul 20197:00 amRNSContract
18th Jul 201910:40 amRNSProduct Launch
12th Jul 20194:41 pmRNSSecond Price Monitoring Extn
12th Jul 20194:35 pmRNSPrice Monitoring Extension
12th Jul 20199:05 amRNSSecond Price Monitoring Extn
12th Jul 20199:00 amRNSPrice Monitoring Extension
12th Jul 20198:00 amRNSEngage Platform: Commercial Partnership Agreement
8th Jul 20197:00 amRNSCommercial partnership agreement
5th Jul 20193:30 pmRNSPR Agency Appointment
5th Jul 201911:05 amRNSSecond Price Monitoring Extn
5th Jul 201911:00 amRNSPrice Monitoring Extension
4th Jul 20191:30 pmRNSHolding(s) in Company
28th Jun 201911:30 amRNSHolding(s) in Company
3rd Jun 20199:00 amRNSEngage update
11th Apr 20197:00 amRNSExperience: Virtual Reality Core Framework
28th Mar 20197:00 amRNSEducate:VICTAR release
22nd Mar 20197:00 amRNSEngage platform: Oracle Partner Integration
13th Mar 20197:00 amRNSCommercial partnerhip agreement
6th Mar 20197:00 amRNSEngage platform
19th Feb 20197:00 amRNSLaunchPAD Careers Platform
4th Feb 20197:00 amRNSVanguard: Fight for Rudiarius
31st Jan 20199:00 amRNSTotal Voting Rights
21st Jan 20197:00 amRNSInitial admission - Offcl Lst

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.