Imaginatik PLC Contract Win with Shell (6065O)

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RNS Number : 6065O

Imaginatik PLC

23 September 2013

Imaginatik Plc

("Imaginatik" or the "Company")

Contract Win with Shell

Shell launches competition to develop and share ideas around People and Planet

Imaginatik (AIM: IMTK.L), the world's first full service innovation provider, today announced that it has signed a three year global innovation-solutions contract with Shell, the global energy and petrochemicals company.

Under the agreement, Imaginatik will provide an integrated Innovation solution, working together with Shell's leadership to build an ongoing innovation challenge platform for the Shell Ideas 360 Graduate programme. The programme will support competitions to develop and share ideas, aiming to create innovative, practical, and potentially game-changing solutions in energy.

The first innovation ideas challenge will be on the theme of People & Planet, seeking fresh ideas that will make a positive contribution to both the communities in which Shell operates as well as focus on the environment.

The Company is also in discussions in relation to a number of other significant contracts, though there can be no certainty as to the quantum and timing of these contracts. The Company will update the market as appropriate as and when any further developments occur.

Matt Cooper, Executive Chairman of Imaginatik commented: "We are delighted to be supporting Shell in its quest for continuous innovation. We are committed to delivering comprehensive enterprise innovation solutions that drive permanent competitive advantage and differentiation for our clients."

For further information please contact:

 
 Imaginatik plc                    Tel: 01329 
                                    243243 
 Matt Cooper, Executive Chairman 
  / Shawn Taylor, CFO 
 
 finnCap                           Tel: 0207 
                                    220 0500 
 Charlotte Stranner / Victoria 
  Bates 
 
 Newgate Threadneedle              Tel: 020 7653 
                                    9850 
 Caroline Evans-Jones / Hilary 
  Millar

About Imaginatik

Imaginatik(R) is the world's first full-service innovation firm with 17 years of experience building innovation into a sustainable competence at some of the world's largest and most respected companies. Through a mix of consulting and advisory; hands-on innovation projects and program management; and Innovation Central, the company's award-winning enterprise software platform, Imaginatik helps clients develop innovation capability into a permanent competitive advantage. Imaginatik is the trusted partner of leading organizations including ExxonMobil, Blue Cross Blue Shield, CSC The World Bank, Cargill, Mayo Clinic, The Chubb Group of Insurance Companies, HCA, Windsor Foods, Dow Chemical, and Goodyear.

Imaginatik is a public company with shares traded on the AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World Economic Forum Technology Pioneer with offices in Boston, MA, and Fareham, UK. 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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