Cerillion PLC Major New Contract Win (5620L)
September 09 2019 - 2:00AM
UK Regulatory
TIDMCER
RNS Number : 5620L
Cerillion PLC
09 September 2019
9 September 2019
AIM: CER
Cerillion plc
("Cerillion" or "the Company")
Major New Contract Win
Cerillion, the billing, charging and customer relationship
management software solutions provider, is pleased to announce a
major new contract win worth GBP3.7m with a telecoms provider in
Asia. This latest win, which follows two previously announced wins
both reported in June, supports the Company's existing market
forecasts for the current and upcoming financial year.
This initial contract is for the supply and installation of
Cerillion's Enterprise BSS/OSS* Suite, the Company's pre-integrated
end-to-end CRM and billing solution, to support mobile telecoms
services, and was awarded after an extensive competitive tender
process. This initial phase is expected to be delivered by the end
of November 2019, with the contract then likely to be extended to
enable the new solution to support fixed-wire services.
Louis Hall, CEO of Cerillion, said:
"We are delighted to have secured this major contract following
a highly competitive tender process. The win reflects the quality
of our product suite, our reputation for high service standards,
and our ability to deliver solutions within challenging
timescales."
*Business Support System/Operations Support System
For further information please contact:
Cerillion plc c/o KTZ Communications
Louis Hall, CEO T: 020 3178 6378
Oliver Gilchrist, CFO
Shore Capital (Nomad and Broker) T: 020 7408 4090
Toby Gibbs, Mark Percy
KTZ Communications T: 020 3178 6378
Katie Tzouliadis, Dan Mahoney
About Cerillion
www.cerillion.com
Cerillion has a 19-year track record in providing
mission-critical software for billing, charging and customer
relationship management ("CRM"), mainly to the telecommunications
sector but also to other markets, including utilities and financial
services. The Company has approximately 90 customer installations
across 44 countries.
Headquartered in London, Cerillion has operations in Pune,
India, where its Global Solutions Centre is located, Sydney and
Miami.
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END
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