OneView Group Regulatory News (ONEV)

04 July 2016

OneView Group plc

("OneView" or the "Company")

OneView signs first cloud-based Hosting Service Agreement

OneView (AIM: ONEV), one of the retail industry's leading digital transformation software providers for in store customer service, is pleased to announce that it has signed its first cloud-based hosting service agreement with one of its largest customers in the UK ("the Customer").

Under this agreement OneView will provide the Customer with cloud-based delivery of its OneView Digital Store Platform including supporting application management and IT infrastructure, and will offer hosted and managed services including software upgrades, environment hosting and complete infrastructure support. This agreement will contribute significantly to OneView's recurring revenue.

Stuart Mitchell, Chief Executive Officer of OneView commented: "We are delighted to offer this full featured service to one of our largest customers which will allow them to focus on transforming their business in this digital age rather than on time consuming software upgrades, testing environments, infrastructure and hosting services.

"Bringing our customers into our hosted environment is an exciting line of business for OneView which complements the delivery of our cloud-based software offering. We see the cloud as the best way to provide our customers with the level of service that differentiates OneView from its competitors."

Further Details: