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£7.6m Liberty platform Contract Renewal

20 Mar 2024 09:07

RNS Number : 5899H
Netcall PLC
20 March 2024
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RNS Reach

20 March 2024Β 

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NETCALL PLC

("Netcall", the "Company", or the "Group")

Β£7.6m Liberty platform Contract Renewal

Leading transportation company grows and broadens Liberty cloud subscription

Netcall plc (AIM: NET),Β the leading provider of intelligent automation and customer engagement software, is pleased to announce it has successfully secured a new Β£7.6m five-year contract renewal with a leading transportation company, (the "Customer") for Liberty cloud services.

The contract extension, which commences on 1st April 2024, represents a Β£0.4m uplift per annum from the original contract. As part of the renewal, the Customer is re-licencing the usage of Netcall's Liberty Create Low-code platform and opting to incorporate additional platform capabilities such as Liberty Robotic Process Automation (RPA) solutions to help drive rapid process automation and improve overall efficiency and effectiveness within the business.

Having already built and deployed live applications using Netcall's platform, the contract renewal allows greater scope for the Customer to grow their usage of the platform and deliver their digital transformation ambitions.

James Ormondroyd, CEO of Netcall plc commented: "We are delighted to have the opportunity to continue supporting this customer with their digital strategy for a further five years. This significant renewal highlights the value proposition of the Liberty platform to our customers, as well as the broad applicability and tangible results that our digital toolkit delivers across a range of market segments."

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Enquiries:

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Netcall plc

Tel. +44 (0) 330 333 6100

James Ormondroyd, CEO

Henrik Bang, Non-Executive Chairman

Richard Hughes, CFO

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Canaccord Genuity LimitedΒ (Nominated Adviser and Joint Broker)Β 

Tel. +44 (0) 20 7523 8000

Simon Bridges / Andrew Potts

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Singer Capital Markers (Joint Broker)

Harry Gooden / Asha Chotai

Tel +44 (0) 20 7496 3000

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Alma Strategic Communications

Tel. +44 (0) 20 3405 0205

Caroline Forde / Hilary Buchanan / Robyn Fisher

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About Netcall:

Netcall's Liberty software platform with Intelligent Automation and Customer Engagement solutions helps organisations digitally transform their businesses faster and more efficiently, empowering them to create a leaner, more customer-centric organisation.

Netcall's customers span enterprise, healthcare and government sectors. These include two-thirds of the NHS Acute Health Trusts and leading corporates including Legal and General, Lloyds Banking Group, Aon and Nationwide Building Society.

For further information, please go toΒ www.netcall.com.

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About Reach announcements

This is a Reach announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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