Actual Experience PLC Channel Partner Update (8209E)
October 23 2018 - 2:00AM
UK Regulatory
TIDMACT
RNS Number : 8209E
Actual Experience PLC
23 October 2018
Actual Experience plc
(the "Company" or "Actual Experience")
Channel Partner Update
Actual Experience plc (AIM: ACT), the analytics-as-a-service
company, is pleased to announce that, further to the announcement
made on 8 August 2017, the value of the original Open Purchase
Order ("PO") received from one of its channel partners has doubled.
The original PO value has been utilised to support recent monthly
sales invoices and the increased value of the PO is required to
facilitate future billings.
This uplift in order value reflects continued commercial
momentum with this partner. Specifically, the PO will enable the
partner to undertake deployments with an increasing number of its
customers without the need to submit individual orders for each new
customer and deployment stage. As before, this expanded PO has no
set time limit and therefore does not represent a revenue
commitment within a specific timeframe.
Dave Page, CEO of Actual Experience, commented: "The need for a
larger Open Purchase Order is indicative of the underlying
commercial traction that has been achieved with our partner. This
is important commercial progress and we look forward to announcing
further successes in due course".
Enquiries:
Actual Experience plc via Alma PR
Dave Page, Chief Executive Officer
Steve Bennetts, Chief Financial Officer
N+1 Singer Advisory LLP Tel: +44 (0)207 496 3000
Shaun Dobson
Lauren Kettle
Alma PR
Josh Royston Tel: +44 (0)7780 901979
Caroline Forde Tel: +44 (0)7779 664584
Robyn Fisher Tel: +44 (0)7540 706191
About Actual Experience
Actual Experience's analytics provide the digital Voice of the
Customer. This is a real-time, data-driven view of what end users
would say about the quality of a company's digital products and
services, and why. Our customers can analyse everything that
impacts the experience quality in their digital supply chains, for
any service, type of user or the Internet of Things. It gives them
complete transparency from the point of provision to the point of
use and whether inside or outside their business's control. The
insights can be used to make continuous improvements to their
business performance.
Actual Experience is a listed-company on the London Stock
Exchange (ACT). Our development Headquarters are in Bath, UK, and
we also have offices in London. Actual Experience's unique digital
analytics as a service is founded on ten years of cutting-edge
research at Queen Mary University of London.
www.actual-experience.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
FUREAPEAAFPPFFF
(END) Dow Jones Newswires
October 23, 2018 02:00 ET (06:00 GMT)
Actual Experience (LSE:ACT)
Historical Stock Chart
From Apr 2024 to May 2024
Actual Experience (LSE:ACT)
Historical Stock Chart
From May 2023 to May 2024