Contract Win with Global Consumer Products Company
December 17 2009 - 2:00AM
UK Regulatory
TIDMIMTK
RNS Number : 2366E
Imaginatik PLC
17 December 2009
17 December 2009
Imaginatik plc
("Imaginatik" or the "Company")
Imaginatik signs multi-year contract with global consumer products company
Imaginatik plc (AIM:IMTK), a provider of collaborative innovation software and
consulting services, is pleased to announce that it has signed a significant
five year software and services contract with a global consumer products
company. No financial details have been disclosed in line with the customer's
company policy.
The contract builds on an annual agreement that started in 2007. Since this time
Imaginatik has enabled the customer to identify and realise millions of dollars
of return from cost reduction initiatives, process improvements, supply chain
innovation and new business generation, all supported with Imaginatik's Idea
Central software and professional services.
Mark Turrell, CEO of Imaginatik, commented, "CEOs of the world's leading
companies know that innovation remains key to profitable growth. We are
delighted to be extending our current agreement with one of the world's best
known consumer product companies to support its innovation initiative, both for
internal innovation and for open innovation. Imaginatik continues to be the
leading provider of enterprise-scale innovation systems. We look forward to the
remainder of the year and beyond with confidence."
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 a 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 Imaginatik's 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 whose shares are traded on the AIM market of the
London Stock Exchange (LSE:IMTK.L) and a World Economic Forum Technology Pioneer
with offices in Boston, MA, and London, UK. In 2009, Imaginatik was named as one
of the 500 fastest growing technology companies in the EMEA region by Deloitte.
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
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