KLBT.L Regulatory News (KLBT)

23 November 2015

Kalibrate Technologies plc

("Kalibrate" or the "Group")

Kalibrate extends relationship with BP

BP selects Kalibrate's Strategic Location Solutions to support and assess potential new market strategies

Kalibrate Technologies plc (AIM: KLBT), the provider of strategy and technology services to the global fuel and convenience retail industry, today announces that it has extended its relationship with BP to provide its Strategic Location Solutions to access potential long-term opportunities for profitable market entry into new territories.

Strategic Location Solutions, delivered through Kalibrate's Location Cloud, leverage proven models, industry expertise and unmatched market intelligence to deliver advanced retail network planning and actionable intelligence to inform BP strategies. By providing decision support and actionable intelligence, Kalibrate is able to support BP's strategic planning. Separate to this agreement, Kalibrate will continue to be an ongoing source of consultative support and industry expertise.

Commenting on the expanded relationship, Bob Stein, CEO of Kalibrate, said: "I am excited at the opportunity to support BP in its business growth with retail location planning. Kalibrate's engagements with BP always focus on tough questions that must be answered on aggressive timescales. Our business-decision solutions answer those questions and help BP excel in today's global fuel marketplace."

Sam Murray, BP Commercial Development Director, added: "Kalibrate has been a long-term supplier for our downstream business and we trust the level of global expertise they bring to the table. They consistently execute within our aggressive timelines and their methods yield results for us. The engagement with Kalibrate is an enabler to BP's strategy to grow fuel and convenience retail sales in markets globally."

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About Kalibrate

For over 20 years, Kalibrate (LSE: KLBT) has advised fuel and convenience retailers throughout the world on how to be best-in-class operators in the fast changing marketplace. Kalibrate's global footprint and local presence are the result of a merger between two market leaders: KSS Fuels, the forerunner in fuel pricing automation, and MPSI, recognized leaders of retail location intelligence. Clients gain fuller visibility, truer insight and more effective control over what matters most-what Kalibrate calls Your Adaptive Edge™.

Headquartered in Manchester, United Kingdom and Florham Park, New Jersey, Kalibrate has centers of excellence in Mumbai, India; Tulsa, Oklahoma; and Melbourne, Australia as well as offices in 10 other countries. For more information, visit kalibrate.com.

About BP

Headquartered in London, BP is one of the world's leading international oil and gas companies. It has operations in around 80 countries and its major business activities include exploration and production and refining and marketing, petrochemicals and lubricants. Through these activities, BP provides customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and petrochemical products used to make everyday items. BP has over 85,000 employees worldwide and its shares are listed on the London and New York stock exchanges.