Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMAIS.L Regulatory News (MAIS)

  • There is currently no data for MAIS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Move of global HQ to Exeter

11 Sep 2013 07:00

RNS Number : 6840N
blur (Group) plc
11 September 2013
 

11th September 2013

RNS Reach

blur (Group) Plc

("blur Group" or the "Company")

 

 

s-commerce firm blur Group announces the move of its global HQ to Exeter's new science park

 

Set to create new jobs by the end of the year

 

blur Group, the company that is reinventing commerce at blurgroup.com announces the move this month of its Global HQ from London to the Exeter Science Park, the UK's 70th and newest Science Park. This will also see the creation of new jobs and follows the successful opening of its R&D Center in Exeter earlier in the summer. blur's London and Dallas offices will remain as regional commercial hubs.

 

The move by blur Group, one of the fastest growing LSE:AIM listed tech companies, shows a commitment to a region with four of the country's top 20 universities and positions blur for further growth after its recent secondary fundraising. Exeter and the South West demonstrate a track record in innovation and entrepreneurship where start-ups have attracted more than $550 million in investment and returned more than $800 million to shareholders. The area shares many characteristics with the original Silicon Valley and is in a prime position to become the UK's leading tech region.

 

blur is the founding company at the Exeter Science Park and shapers of its future as a key, international, eco-friendly tech hub for the 21st Century. By the end of September there will be 35 employees in Exeter and 35 will remain in London.

 

Philip Letts, blur Group CEO commented, 'Exeter has the right ingredients to become Europe's San Francisco, and South Western UK the new Silicon Valley. The South West combines innovation and technology excellence, a great mix of universities with both academic and venture focus and an established reputation in attracting leading tech firms while providing great incubation and support for earlier stage business. It's a combination that has worked well for the US and has the potential to do the same in the UK."

 

-ENDS-

 

For further information please contact:

 

blur (Group) plc

investors.blurgroup.com

Lucy Davies - 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.

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRASFMEFSFDSEDU
Date   Source Headline
28th Jan 20137:00 amRNSGrant of Options
25th Jan 20137:00 amRNSTrading Update
14th Jan 20137:00 amRNSLaunch of two new exchanges
11th Jan 20134:40 pmRNSSecond Price Monitoring Extn
11th Jan 20134:35 pmRNSPrice Monitoring Extension
9th Jan 20137:00 amRNSQ4 Metrics Update
2nd Jan 20138:44 amRNSSenior Management Appointments
19th Dec 20127:00 amRNSTechnology companies top the Exchange
10th Dec 20127:00 amRNSeBay uses blur Exchange
29th Nov 20127:00 amRNSHealthcare market traction
6th Nov 201211:10 amRNSAdviser Change of Name
31st Oct 20127:00 amRNSQ3 Metrics Update
23rd Oct 20127:00 amRNSLatest Milestones
5th Oct 20127:00 amRNSFirst Day of Dealings

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.