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Expanded Agreement with Client

23 Sep 2016 07:00

RNS Number : 6013K
Arcontech Group PLC
23 September 2016
 

ARCONTECH GROUP PLC

 

("Arcontech", the "Company" or the "Group")

 

Expanded Agreement with Client

 

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce an extension agreement with an existing client to the value of approximately £95,000 in new annual recurring revenue as a result of expanded software licenses provided to the client. The agreement is effective from mid October 2016. The same client is also evaluating additional products.

 

 

Enquiries:

 

Arcontech Group plc

020 7256 2300

Richard Last, Chairman and Non-Executive Director

 

Matthew Jeffs, Chief Executive

 

 

 

finnCap Ltd (Nomad & Broker)

020 7220 0500

Carl Holmes/Simon Hicks

 

 

 

To access more information on the Group please visit: www.arcontech.com

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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