Ingenta Regulatory News (ING)

RNS Reach

26 October 2020

Ingenta PLC

("Ingenta" or the "Company")

Contract Wins

Ingenta plc (AIM: ING), a leading provider of innovative content solutions, is pleased to announce, further to its Interim Results dated 21 September 2020, that it has now secured three new customers for its Edify content publishing platform in 2020.

The contracts each have an initial 3-year term, with total combined fees in excess of $750K and include the option to extend in due course at the clients' discretion. Two of the implementations will go live in 2020 as previously announced, and include a major global INGO content library and a brand-new UK clean energy knowledge database. The third, and newest contract, is with Research4Life which provides institutions in lower income countries with online access to academic and professional peer-reviewed content.

A leading website supplier for NGOs and INGOs, Ingenta is forging the way in providing a streamlined implementation methodology that delivers tailored solutions for its customers that can be enhanced over time as requirements evolve. All three new sites are strongly aligned with Ingenta's new CSR policy both in their implementation process and the content being made available.

Andrea Powell, STM Outreach Director and Publisher Coordinator, Research4Life said: "We aim to reduce the knowledge gap between industrialized nations and lower- and middle-income countries by providing access to a huge collection of academic and professional content made available by our publisher partners. We believe that our partnership with Ingenta will improve the user experience as well as enhancing the discoverability of relevant content, which will lead to better decision-making and improved research outcomes."

Scott Winner, CEO of Ingenta, said: "One of our focuses for 2020 has been to support clients who need to increase and support their global reach and business growth in these unprecedented times by utilizing digitized solutions, and I am pleased offer a solution that supports many different business models."

The information contained in this announcement is not expected to have a material impact on the Company's financial condition or expected performance, as described in the Company's Interim Results dated 21 September 2020.

-Ends

For further information, please contact:

Heather Lantz: +44 (0)1865 397873, heather.lantz@ingenta.com 

About Ingenta 

We are one of the world-leading providers of content solutions to progressive publishers. Our vision is to deliver practical innovation, built with expertise and honed through long-term partnerships. Drawing on over 40 years of industry experience, we help you simplify, manage, promote and deliver your content - wherever you are in the world.

Listed on the AIM market of the London Stock Exchange, the company operates jointly from Europe and North America.

Visit ingenta.com, follow @WeAreIngenta on Twitter, or connect on LinkedIn.

About Research4Life

Research4Life provides institutions in lower income countries with online access to academic and professional peer-reviewed content. Since 2002, Research4Lfe five programs - Research for Health (Hinari), Research in Agriculture (AGORA), Research in the Environment (OARE), Research for Development and Innovation (ARDI) and Research for Global Justice (GOALI) - have provided researchers at more than 10,000 institutions in over 120 low- and middle-income countries with free or low-cost online access to up 119,000 leading journals and books in the fields of health, agriculture, environment, applied sciences and legal information.