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Pin to quick picksCrimson Tide Regulatory News (TIDE)

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International Expansion Update

30 May 2017 07:00

RNS Number : 4310G
Crimson Tide PLC
30 May 2017
 

Crimson Tide PLC

("Crimson Tide" or the "Company")

International Expansion Update

Crimson Tide (TIDE), the AIM‐quoted provider of mpro5 ‐ Smart Mobility as a Service, is pleased to update the market on progress with its international expansion strategy, which it has previously indicated will drive further growth opportunities. Strategic partnerships with tactical investments are being made in new geographies, complementing the organic growth being delivered in the UK.

Particular areas of progress are as follows:

 

 

· Ireland - first phase contract secured with one of the largest state-sponsored companies in Ireland. The initial agreement is for approximately 200 subscribers who will be using mpro5 for remote working. This transaction has been closed with the Company's partner, Vodafone. To support the ongoing growth in Ireland, Wesley Dunn has been promoted to a full time role in Business Support.

 

· United States - Dagen Wilhelm has been appointed as International Healthcare Consultant. Ms. Wilhelm, based in the Washington D.C. area, will focus on business development for mpro5 with specific emphasis on the Company's healthcare offering. Dagen will be the key contact for our participation in the CARIN Allliance, which focuses on delivering solid pharmacovigilance and digitalised healthcare. The CARIN Alliance is a bipartisan, multi-sector collaborative, working to advance consumer-directed exchange of health information. Further to this, Crimson Tide is also in the process of establishing membership of RX360 - an international Pharmaceutical Supply chain consortium.

 

· Netherlands - Following the recruitment of Erik-Jan Smulder, a seasoned sales professional previously with BlackBerry, the Company has signed an important pilot project with one of the world's leading Facilities Management companies, based in The Netherlands, which is looking to combine mpro5's smart mobility with Internet of Things ("IoT") enabled functionality. The pilot has commenced and the Company is hopeful that this will lead to a long term commercial agreement in the near future.

 

· Denmark - The Company has secured its first contract with a Scandanavian company with a global footprint involved in the food processing industry. The use of mpro5 will enable staff to check workflows as components move through the supply chain. The initial deployment is small but expected to increase as the benefits of mpro5 are recognised.

 

· UAE - our agreement with the British Centres for Business, ("BCB") has started to produce Enterprise level opportunities to the extent that we are pleased to announce the appointment of Senior Consultant Brad Manser with immediate effect. Mr. Manser, who is based in Dubai, will act as Director of Business Development for the Middle Eastern region. Brad has a wealth of experience in the area with previous roles as Operations Manager, Chief Operating Officer and Managing Director for a number of companies within the region.

 

· Australia. The Company has got off to a good start with its new partner, Mobilise IT , based in Melbourne and will be visiting the region shortly to progress emerging opportunities. 

 

The Company is also pleased to announce the appointment of Barry Finnegan, an IoT strategist who will help develop our nascent investment in IoT technologies on mpro5. IoT has considerable benefits for intelligent and proactive data collection, particularly regarding smart sensors from motion to temperature & humidity, and Bluetooth devices which, we believe, represents a significant opportunity for mpro5 and Crimson Tide.

Barrie Whipp, Executive Chairman of Crimson Tide, said: "We are delighted with the progress that we have made with our international sales effort in such a short space of time and which underpins our belief that mpro5 has wide reaching appeal on a global basis. This is just the start of our international journey and I am confident that we will experience many more successes and wide scale adoption in these and other geographies as our reputation continues to grow."

For further information please contact:

 

Crimson Tide plc

Barrie Whipp / Steve Goodwin

 

01892 542 444

WH Ireland

James Joyce / James Bavister

 

020 7220 1666

Alma PR

Josh Royston / Robyn Fisher

O77 8090 1979 / 075 4070 6191

 

Notes to editors

1. Founded in 1996 and quoted on AIM since 2006, Crimson Tide plc is the provider of mpro5 ‐ Smart Mobility as a Service (SMaaS). mpro5 is delivered on smartphones, tablets and PDAs, and enables companies to transform their businesses and strengthen their workforces.

2. Crimson Tide offers a global service, working with some of the world's leading companies, tailoring mpro5 to suit customer needs. Developed over 10 years by its world‐class team, mpro5 is the smart choice for organisations large and small that want to improve productivity and save money.

3. mpro5 is a platform‐agnostic mobility suite fully hosted on Microsoft Azure, so customers are quickly up and running and the service is scalable and robust. It is provided on subscription, so clients can immediately see a return on their investment.

4. mpro5 not only helps people improve their day‐to‐day working methods while saving employers money, it also saves lives, by enabling haemophilia patients to verify the safety of their medication before use. mpro5 clients come from a diverse range of industries allowing the Company to listen, share and find the best solution for all mobility needs.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBUGDULBDBGRL
Date   Source Headline
4th Oct 20184:47 pmRNSHolding(s) in Company
28th Sep 20187:00 amRNSInterim Results
20th Sep 20187:00 amRNSContract Wins and Recruitment
5th Jul 20188:38 amRNSmpro5 healthcare update
2nd Jul 201811:21 amRNSResult of AGM
7th Jun 20188:28 amRNSFinal Results and Notice of AGM
24th Apr 20187:00 amRNSChange of Adviser
13th Apr 20187:00 amRNSPreliminary Results to 31 December 2017
28th Mar 20187:00 amRNSAppointment of new CEO
27th Feb 20187:00 amRNSTrading Statement
19th Dec 20173:44 pmRNSDirector/PDMR Shareholding
15th Dec 201711:30 amRNSExercise of Options
8th Dec 20173:37 pmRNSResult of GM
23rd Nov 20177:00 amRNSNotice of GM
24th Oct 20177:00 amRNSSeries of contract wins for mpro5
17th Oct 20177:00 amRNSDirectorate Change
7th Sep 20177:00 amRNSInterim Results
11th Jul 20177:00 amRNSSignificant mpro5 Contract Win in the Netherlands
29th Jun 20175:47 pmRNSResult of AGM
6th Jun 20172:00 pmRNSFinal Results and Notice of AGM
30th May 20177:00 amRNSInternational Expansion Update
30th Mar 20177:00 amRNSPreliminary Results
2nd Feb 20177:00 amRNSUpdate on International Expansion
14th Dec 20167:00 amRNSTrading Update and Contract Rollout
18th Nov 20169:45 amRNSDirector/PDMR Shareholding
13th Oct 20167:00 amRNSSignificant long term contract win
12th Oct 20167:00 amRNSLong Term Contract with NCHCD
22nd Sep 20167:00 amRNSInterim Results
18th Jul 20167:00 amRNSCrimson Tide selected by large UK retailer
14th Jul 20167:00 amRNSPharmaceutical Verification Pilot
29th Jun 20168:31 amRNSResult of AGM
14th Jun 20167:00 amRNSMpro5 Contract Win
3rd Jun 20163:47 pmRNSFinal Results and Notice of AGM
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
26th Jan 20162:37 pmRNSResult of General Meeting
30th Dec 20157:00 amRNSProposed Reconstruction of Capital
4th Dec 20157:00 amRNSUpdate on Significant Contract Win
7th Oct 20155:58 pmRNSHolding(s) in Company
1st Oct 20152:45 pmRNSDirector's Dealing
30th Sep 20157:00 amRNSInterim Results
17th Sep 20157:00 amRNSSignificant contract win
1st Jul 20157:00 amRNSResult of AGM
8th Jun 20157:00 amRNSFinal Results and Notice of AGM
4th Jun 20157:00 amRNSSignificant Contract Win
14th Apr 20157:00 amRNSContracts Update
2nd Apr 20157:00 amRNSPreliminary Results
20th Mar 201510:03 amRNSDirectorate Change

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