IDOX PLC EIM Contract Win (5699V)
December 16 2013 - 2:00AM
UK Regulatory
TIDMIDOX
RNS Number : 5699V
IDOX PLC
16 December 2013
16 December 2013
Idox plc
USD 1.725m Contract Win for EIM Division
Idox plc (AIM: IDOX), a leading supplier of specialist document
management collaboration solutions and services to the UK public
sector and highly regulated asset intensive industries, announces
that its Engineering Information Management (EIM) Division has
agreed a new seven year license contract to supply its cloud-based
McLaren Collaboration Workspace solution to a major US-based,
global project management, engineering, construction and
procurement services provider, until 2020. This new contract
replaces the existing subscription based agreement between the two
companies.
The initial deal of USD 1.725 million is for software licenses
and the first years' support and maintenance. Idox will provide its
customer with support for up to 200 projects across its various
global operations.
Richard Kellett-Clarke,CEO of Idox, commented:
"We are delighted to extend this relationship for a further
seven years, and pleased that our collaboration solution was chosen
after a lengthy review by the customer of its internal development
options and the other SaaS vendor alternatives. It is a resounding
endorsement of McLaren's best in class software solutions and we
look forward to working closely with them over the coming
years."
-Ends-
Enquiries:
Idox plc +44 (0) 20 7332 6000
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive
N+1 Singer (NOMAD and Broker) +44 (0) 20 7496 3000
Shaun Dobson / Nick Donovan
Leander (Financial PR) +44 (0) 7795 168 157
Christian Taylor-Wilkinson
About Idox plc
Idox plc is a supplier of specialist document management
collaboration solutions and services to the UK public sector and
increasingly to highly regulated asset intensive industries around
the world in the wider corporate sector.
Its Public Sector Software Division is the leading applications
provider to UK local government for core functions relating to
land, people and property, such as its market leading planning
systems and election management software. Over 90% of UK local
authorities are now customers. The Group provides public sector
organisations with tools to manage information and knowledge,
documents, content, business processes and workflow as well as
connecting directly with the citizen via the web.
The Engineering Information Management Division delivers
engineering document control, project collaboration and facility
management applications to many leading companies in industries
such as oil & gas, architecture and construction, mining,
utilities, pharmaceuticals and transportation around the world.
Through the Information Solutions Division Idox also supplies,
predominantly to the public sector, decision support content such
as grants and planning policy information as well as related
specialist services.
The Group employs over 500 staff located in the UK, the USA,
Europe, India and Australia.
For more information see www.idoxplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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