Contract Wins
March 17 2011 - 3:01AM
RNS Non-Regulatory
TIDMIMTK
Imaginatik PLC
17 March 2011
17 March 2011
Imaginatik Plc
("Imaginatik" or the "Company")
Contract Wins
Imaginatik plc (AIM: IMTK.L), a leading provider of innovation
management software and consultancy, is pleased to announce that it
has secured three new contract wins. No financial details have been
disclosed.
Imaginatik has signed two new customers on pilot projects, both
of which include an initial three month agreement. One is with a
specialty chemicals company that serves the transportation,
industrial and consumer markets and the second is with a leading US
based commercial and personal insurance company.
In addition, Imaginatik has signed a further
Innovation-as-a-Service ("IaaS") contract with an existing client.
The client, a leading global financial services organisation, will
see Imaginatik implement and run a number of innovation events,
further building on the successes achieved from the client's
existing services and software contract.
Matt Cooper, Executive Chairman of Imaginatik, commented: "These
contract wins demonstrate further the growing momentum of our sales
pipeline, both in terms of new customer wins and a further upsell
into our existing customer base. We are delighted to have signed
two new customers for pilot projects which we hope to convert to
annual licences following the pilot project completion."
For further information please contact:
Imaginatik plc Tel: 020 7917 2975
Matt Cooper, Chairman / Shawn Taylor,
CFO
Arbuthnot Securities Limited Tel: 020 7012 2000
Tom Griffiths
Threadneedle Communications Tel: 020 7653 9850
Caroline Evans-Jones / Hilary Millar
About Imaginatik
Imaginatik provides Innovation and Idea management solutions
comprised of consultancy, software (Idea Central) and program
management to deliver innovation outcomes to companies such as The
Chubb Group of Insurance Companies, Boeing, Pfizer, Goodyear,
Paccar, Kellogg and Cargill. Few companies possess the internal
capability to consistently generate fresh ideas, identify those
worth pursuing and reliably transform them into real,
value-enhancing assets. This is Imaginatik's area of expertise.
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. In 2009, Imaginatik was named as one of the 500 fastest
growing technology companies in the EMEA region by Deloitte. For
more information visit www.imaginatik.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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