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New client on IBM's Global Expense Reporting

3 Jul 2012 07:00

RNS Number : 7330G
Earthport PLC
03 July 2012
 



3 July 2012

Earthport plc ("Earthport" or "Company")

 

New client on IBM's Global Expense Reporting Service

 

Earthport, the cross-border payments service provider, is pleased to announce the signing of a new client on IBM's Global Expense Reporting Service ("GERS"). The client is a leading provider of electronic security, monitoring and control products and services worldwide. The contract provides Earthport with guaranteed minimum revenues extending over several years.

This is the fifth client Earthport has signed through the IBM GERS relationship.

- Ends -

 

For further information, please contact:

 

Earthport plc

Hank Uberoi / Zafar Karim

020 7220 9700

Panmure Gordon

Katherine Roe

020 7459 3600

Charles Stanley Securities

Mark Taylor / Paul Brotherhood / Darren Vickers

020 7149 6000

FTI Consulting

Jonathon Brill / Alex Beagley

020 7831 3113

 

Notes to Editors

 

About Earthport

Earthport plc, a regulated global financial services organisation, specialises in the provision of a white label cross-border payments service.

 

Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's clients include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses. Through Earthport's well established payments infrastructure, clients can clear and settle payments directly to banked beneficiaries in over 50 countries.

 

The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services.To learn more, please visit www.earthport.com and follow us on Twitter @Earthport.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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