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Pin to quick picksCrimson Tide Regulatory News (TIDE)

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Contract Extensions for MPRO5 worth over £200k

4 Jun 2014 07:00

RNS Number : 7717I
Crimson Tide PLC
04 June 2014
 



4 June 2014

 

Crimson Tide PLC

("Crimson Tide" or "the Company")

CONTRACT EXTENSIONS FOR MPRO5 WORTH OVER £200K

Crimson Tide, a leading developer of enterprise mobility solutions on subscription, has entered into two 3 year contract extensions for mpro5 with KBA (UK) Ltd and one of the UK's largest Facilities Management support companies. The total value of these contract extensions is worth over £200K in contracted revenue for the Company.

KBA (UK) Ltd is part of Koenig and Bauer Group, which is the world's leading manufacturer and supplier of printing presses for newspapers, packaging, commercial and security sectors. Its field engineers started using the mpro software over 11 years ago and in 2013 upgraded to the Company's powerful mpro5 system. By integrating mpro5 with KBA's SalesLogix CRM solution, all customer service tickets raised synchronise down to its engineer's iPhones. This has led to increased staff efficiency, client satisfaction and significant reductions in unnecessary resources. 

The Facilities Management support company, has been a loyal mpro customer since 2007 and has regularly renewed its contracts with Crimson Tide over the years. In conjunction with the contract extension the client is upgrading 90 of its field staff to Crimson Tide's latest and powerful mpro5 system, which is driven by Microsoft Azure (the secure, scalable and reliable cloud platform) and available across the iOS, Android and Windows 8 and Windows Phone 8 operating systems. The client now has 142 mpro5 subscribers.

Andrew Pang, KBA UK's Managing Director, says, "We have been working with Crimson Tide since 2003 and our subsequent contract renewals with the company reflect the quality of the service and technology provided. mpro5 has not only helped us to significantly improve staff productivity but we are also more responsive to the needs of our clients. I hope we continue to work in unison with Crimson Tide over the next few years."

Barrie Whipp, Crimson Tide's Executive Chairman, said, "We have formed a tremendous partnership with both companies over many years and are very happy that they will continue to use mpro5 until at least 2017. We look forward to continue working with both customers over this extended period and ensuring that mpro5 meet their business needs."

‐ ends ‐

 

 

For further information:

 

Crimson Tide plc

 

Barrie Whipp, Executive Chairman 01892 542 444

 

WH Ireland

 

James Joyce /James Bavister 020 7220 1666

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTQKNDQCBKDBAK
Date   Source Headline
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13th Apr 20187:00 amRNSPreliminary Results to 31 December 2017
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27th Feb 20187:00 amRNSTrading Statement
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23rd Nov 20177:00 amRNSNotice of GM
24th Oct 20177:00 amRNSSeries of contract wins for mpro5
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13th Oct 20167:00 amRNSSignificant long term contract win
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20th May 20163:26 pmRNSExercise of Options
20th Apr 20167:00 amRNSPreliminary Results
25th Feb 20167:00 amRNSTrading Update
24th Feb 20163:34 pmRNSResult of Court Hearing
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1st Jul 20157:00 amRNSResult of AGM
8th Jun 20157:00 amRNSFinal Results and Notice of AGM
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14th Apr 20157:00 amRNSContracts Update
2nd Apr 20157:00 amRNSPreliminary Results
20th Mar 201510:03 amRNSDirectorate Change

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