Imaginatik PLC Five Year Contract Win (9771Z)

TIDMIMTK

RNS Number : 9771Z

Imaginatik PLC

17 December 2014

Imaginatik Plc

("Imaginatik" or the "Company")

Five Year Contract Win

Imaginatik plc (AIM: IMTK.L), the world's first full service innovation provider offering a range of consultancy and technology products, is pleased to announce it has signed a significant five-year technology and consultancy contract with a global manufacturer of construction and mining equipment.

This contract win is a significant extension of an initial consultancy engagement with the customer which was announced and commenced in March this year. Following positive results and a competitive tender process, the customer has now signed a long term contract with Imaginatik for the delivery of a full technology platform with some additional consultancy services.

The customer selected Imaginatik as a result of its comprehensive and scalable offering, as well as its focus on customer service.

Matt Cooper, Non-Executive Chairman of Imaginatik, commented, "This is another good win for Imaginatik and is testament to the high quality services and tangible results we deliver to our customers. We were able to demonstrate in a short amount of time the substantial business benefits that can be derived from a concerted focus on innovation, and following this, the customer has committed to investing in a full platform to help catalyze and build a deep and sustainable innovation competency within its organisation to capture new sources of value over and over again.

"Our focused offering, combining a world-class software platform and distinctive consultancy services, makes us a high impact partner for those interested in catalyzing and capturing new sources of value, with speed and scale."

For further information please contact:

 
 Imaginatik plc                 Tel: 01329 
                                 243243 
 Matt Cooper, Non-Executive 
  Chairman 
  Ralph Welborn CEO 
  Shawn Taylor, CFO 
 
 finnCap                        Tel: 0207 
                                 220 0500 
 Charlotte Stranner/ Victoria 
  Bates 
 
 Newgate Threadneedle           Tel: 020 7653 
                                 9850 
 Hilary Buchanan / Adam Lloyd 
  / Edward Treadwell

About Imaginatik

Imaginatik(R) is the world's first full-service innovation provider. We have 2 decades 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 our award-winning enterprise software platform, we help clients develop innovation capability into a permanent competitive advantage. Imaginatik is the trusted partner of leading organisations including Blue Cross Blue Shield, CSC, Cargill, The World Bank, Mayo Clinic, The Chubb Group of Insurance Companies, HCA, Dow Chemical and Goodyear.

Imaginatik is a public company whose shares are 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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