29 Aug 2013 07:00
29 August 2013
blur (Group) Plc
("blur Group" or the "Company")
s-commerce firm blur Group confirms new large project
blur Group, the company that is reinventing commerce at blurgroup.com announces that its platform has been adopted by a global music event promoter for a major milestone anniversary of a Caribbean Music Festival. The entire project is valued at $750,000.
Philip Letts, blur Group CEO commented, 'We recently increased the maximum project values managed on the Exchange and significant projects like this show how blur 3.0 is enabling high value complex projects to be delivered on the Exchange. We hope to continue to attract plenty of new projects of this calibre from customers, new and old.'
-ENDS-
For further information please contact:
blur (Group) plc | investors.blurgroup.com |
Ravi Pau - PR Manager | Tel: +44 20 3176 0548 |
N+1 Singer | |
Shaun Dobson / Matt Thomas | Tel: +44 20 7496 3000 |
Newgate Threadneedle | |
Caroline Evans-Jones/ Josh Royston/ Hilary Millar | Tel: +44 20 7653 9850 |
About blur (Group) plc at blurgroup.com
blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. Approaching 35,000 businesses in 141 countries have adopted this s-commerce platform and changed the way they work.
blur Group (BLUR) is a public company headquartered in the UK with offices in the US and Europe. It is listed on the London Stock Exchange's AIM market. blur was founded in January 2006 and launched in alpha in 2007 with the full, formal launch of the Global Services Exchange in January 2010. At that time, just over three projects per month were submitted. Now, nearly 150 projects start on the exchange each month. Customers include Danone, Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco. Over the same time, average project value has grown from approximately $1,500 in 2010 to $22,943 in Q2 2013.
Today, over 2,500 projects have been submitted with a combined value of above $42.0 million. These have come from the US, UK, Europe, Africa and Asia with over 30,000 expert service providers on eight exchanges responding to them.