ULS.L Regulatory News (ULS)

ULS Technology plc

(The "Group" or the "Company")

New Lloyds Banking Group Contract

ULS Technology plc (AIM: ULS), the provider of online digital platforms for the UK conveyancing and financial intermediary markets, announces an additional service with the Lloyds Banking Group ("LBG"), for the provision of remortgage services.

This contract builds on the Company's long-standing relationship with LBG and highlights the strength and growing importance of its broad range of solutions.

Under this new service, ULS is providing LBG with support for its fees-assisted remortgage product line in England & Wales, which will enable LBG to meet growing demand and speed up transactions.

Jesper With-Fogstrup, CEO of ULS Technology plc, commented: "We are delighted to strengthen our long-standing relationship with LBG and believe that this additional contract provides further endorsement of our ability to deliver and provide innovative solutions for both existing and new clients.

"It's important to provide solutions for various market conditions, enabling our clients to provide rapidly scalable solutions, which benefit their customers. We are able to tailor products specifically for clients and believe our flexibility and innovative solutions will provide further opportunities for growth within LBG and the lender sector in general as we further build out our routes to market."

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About ULS Technology:

ULS Technology ( https://www.ulstechnology.com ) was admitted to AIM in July 2014. Its mission is to make the home-moving process better for everyone. To date this has mainly been achieved by presenting the consumer, primarily via introducers, with a range of quality conveyancers to choose from at competitive prices via easy-to-use technology.  

ULS is now going a step further, helping customers by making it easier to buy, sell and own a home through the leading DigitalMove property platform ( https://digitalmove.co.uk ).