ATTRAQT Group PLC ATTRAQT & YUDU Technology Partnership Update

TIDMATQT

ATTRAQT Group PLC

26 November 2015

ATTRAQT Group plc

("ATTRAQT", the "Group" or the "Company")

ATTRAQT & YUDU TECHNOLOGY PARTNERSHIP SIGNS FIRST CLIENT

ATTRAQT Group plc (AIM: ATQT), a leading provider of eCommerce visual merchandising, site search and recommendation technology, and YUDU Media ('YUDU'), a mobile digital catalogue app developer, are pleased to announce that they have signed Screwfix Germany as the first joint client of 'Live Catalog'.

ATTRAQT and YUDU announced its technology partnership in August 2015, to develop 'Live Catalog', a joint service offering using ATTRAQT's visual merchandising platform and YUDU's digital catalogue technology. Screwfix Germany launched its 'Live Catalog' app on 10 November 2015.

Working with YUDU's technology, which converts printed product catalogues and retail websites into a mobile digital catalogue app, ATTRAQT's visual merchandising technology enables Screwfix Germany to enhance its eCommerce offering through the new 'Live Catalog' app. 'Live Catalog' allows Screwfix Germany to insert real-time visual merchandising techniques into their app, such as personalised promotions and special offers, with the aim of improving sales conversion and enhancing the user experience. Please see screenshots here: http://www.rns-pdf.londonstockexchange.com/rns/9820G_-2015-11-25.pdf.

Screwfix, a leading multi-channel retailer of trade tools, hardware, DIY supplies, plumbing and electrical essentials, expanded into Germany in September 2014. Screwfix Germany now has eight stores and a dedicated German website, www.screwfix.de, where customers can shop across a range of more than 10,000 products.

André Brown, CEO of ATTRAQT Group plc, commented:

"Following the launch of Live Catalog we are pleased to have signed Screwfix Germany, the partnership's first joint client. Through the integration of ATTRAQT and YUDU technologies, 'Live Catalog' enables retailers to add real-time visual merchandising techniques and other rapidly-changing content to their digital catalogues. The retailer is able to respond immediately to changing trends or stock levels, while also creating deeper customer engagement through effective personalisation and offers. We believe this partnership presents a valuable opportunity for ATTRAQT and we look forward to engaging with more of our joint clients on the potential of 'Live Catalog'."

Richard Stephenson, CEO of YUDU, added:

"Through our partnership with ATTRAQT we are able to provide additional solutions and functionality to our clients and I am delighted that Screwfix Germany has chosen to be the first to employ the "Live Catalog" app."

For further information, please contact:

 
ATTRAQT Group plc                                via Newgate 
André Brown, CEO 
Mark Johnson, CFO 
 
YUDU Media                                       Tel: 0207 430 6600 
Richard Stephenson, CEO 
 Jessica Pinch, Marketing Manager 
 
N+1 Singer                                       Tel: 020 7496 3000 
Shaun Dobson, Lauren Kettle 
 
Newgate                                          Tel: 020 7680 6550 
Adam Lloyd, Madeleine Palmstierna, Tim Thompson

About ATTRAQT

ATTRAQT launched its merchandising platform Freestyle Merchandising in 2009 which included product recommendations, site search and visual merchandising. The client base has now grown to approximately 90 clients, including Tesco Clothing (part of Tesco Plc (LSE: TSCO)), boohoo.com (LSE: BOO) and Superdry (LSE: SGP). The Company has market presence in Western Europe and the US with offices in London and Chicago. For more information please visit: http://attraqt.com/

About YUDU Media

YUDU provides the software solutions for more than 220 retailers with interactive App and Web digital catalog solutions. YUDU Publisher is a cloud-based platform that allows easy publishing and management of content with enhancement options of video, 3D product views, interactive content and a full statistics package. The YUDU SmartCat (R) unique feature automatically links product codes, descriptions and prices ensuring that eCommerce sites and online catalogs are fully in sync at all times. Clients include Screwfix, Scotts and Co, Littlewoods and Lathwaites. For more information please visit: http://yudu.com/

This information is provided by RNS

The company news service from the London Stock Exchange

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November 26, 2015 02:01 ET (07:01 GMT)

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