18 Jun 2015 07:00
18 June 2015
Arria NLG plc
("Arria NLG" or the "Company")
New Agreement with Major Online Travel Company
Arria NLG (AIM: NLG), a leader in the development and deployment of Natural Language Generation ("NLG") technologies, is pleased to announce a new proof of concept agreement ("PoC") with a globally recognised online travel company.
The PoC provides for a pilot application using Arria NLG's technology to create output responses to travel queries, representing a breakthrough for tailored responses from booking platforms and sites if successful. The parties contemplate further development, deployment and licensing upon successful completion of the PoC application, with the prospect of additional revenue streams for Arria NLG.
Stuart Rogers, Chairman and Chief Executive of Arria NLG, commented: "We are delighted to have been chosen by one of the world's leading providers in the travel and tourism industry to develop personalised tailored responses to queries to their booking platform. This relationship is an excellent opportunity for this client to leverage the power of Arria NLG's technologies in the travel sector, whilst also providing a platform to further showcase our content generation and personalisation capabilities in a scale environment.
This exciting commercial development at Arria NLG further reinforces the growing demand for a broader applicability of our NLG technologies in the high value-added areas of real-time content creation and personalisation."
For further information, please visit www.arria.com or contact:
Arria NLG plc Stuart Rogers, Chairman and Chief Executive
| Tel +44 (0) 20 7100 4540 |
Allenby Capital, Nominated Adviser and Joint Broker Nick Naylor Jeremy Porter James Reeve
| Tel: +44 (0)20 3328 5656
|
Westhouse Securities, Joint Broker Antonio Bossi Robert Finlay
| Tel: +44 (0) 20 7601 6100 |
IFC Advisory, Financial PR and IR Tim Metcalfe Graham Herring | Tel: 44 (0) 20 3053 8671 tim.metcalfe@investor-focus.co.uk graham.herring@investor-focus.co.uk |