ABAL Abal Group Plc

 

TIDMIMTK 
 
RNS Number : 7271Z 
Imaginatik PLC 
28 September 2009 
 

28 September 2009 
Imaginatik plc 
("Imaginatik" or the "Company") 
 
 
Contract Win with Leading US Insurer 
 
 
Imaginatik plc (AIM: IMTK), a leading provider of enterprise collaboration 
software, is pleased to announce it has won a significant three-year contract 
with one of the US' leading personal lines property and casualty insurance 
companies. Imaginatik's software and services will be utilised by the customer 
to support an enterprise-wide innovation programme focused on cost-reduction, 
process improvement and product development. Imaginatik's robust, scalable 
software platform, Idea Central, will enable the participation in the initiative 
of the customer's 68,000 employees and network of agents located across the US. 
 
 
No financial information has been disclosed. 
 
 
Mark Turrell, CEO of Imaginatik, commented, "Our knowledge of the insurance 
sector combined with our experience in facilitating successful innovation 
programmes across some of the largest organisations in the world were invaluable 
to the winning of this significant contract in a competitive situation. The 
multi-year nature of the contract adds to our strong level of recurring revenues 
and gives us confidence on the long-term prospects of Imaginatik." 
 
 
 
 
For further information please contact: 
 
 
+-----------------------------------+---------------------------+ 
| Imaginatik plc                    |     Tel: 020 7917 2975    | 
+-----------------------------------+---------------------------+ 
| Mark Turrell, CEO / Shawn Taylor, |                           | 
| CFO                               |                           | 
+-----------------------------------+---------------------------+ 
|                                   |                           | 
+-----------------------------------+---------------------------+ 
| Arbuthnot Securities Limited      |     Tel: 020 7012 2000    | 
+-----------------------------------+---------------------------+ 
| Tom Griffiths                     |                           | 
+-----------------------------------+---------------------------+ 
|                                   |                           | 
+-----------------------------------+---------------------------+ 
| ICIS                              |     Tel: 020 7651 8688    | 
+-----------------------------------+---------------------------+ 
| Caroline Evans-Jones / Hilary     |                           | 
| Millar                            |                           | 
+-----------------------------------+---------------------------+ 
 
 
About Imaginatik 
 
 
Imaginatik is the leading provider of Collective Intelligence solutions, 
including Collaborative Innovation, Open Innovation and Idea Management 
technology and services.  Some of the world's leading companies use our 
Idea Central software platform to identify and develop the important ideas and 
strategies that will drive the future of their business. For more than 10 years, 
Imaginatik has helped customers including CSC, Pfizer, Boeing, Chubb and Cargill 
achieve outstanding results with the experience of its consulting team 
and highly configurable web-based software. 
 
 
Imaginatik is a public company traded on the London Stock Exchange [LSE:IMTK.L] 
and a World Economic Forum Technology Pioneer with offices in Boston, MA, and 
London, UK. Imaginatik is committed to ongoing research into the nature of human 
networks, innovation and collective intelligence. The Company collaborates 
with several academic institutions including the IXL Center at 
Hult International Business School. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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