Arria NLG PLC Framework Licensing Agreement (1142I)

TIDMNLG

RNS Number : 1142I

Arria NLG PLC

23 March 2015

Arria NLG plc

("Arria" or the "Company")

Framework Licensing Agreement with Global Financial Services Company

Arria NLG plc (AIM: NLG), a leader in the development and deployment of Natural Language Generation ("NLG") technologies, announces that it has entered into a Framework Licensing Agreement with a global financial services company, headquartered in Australia, for the purposes of creating automated reporting across financial services business lines.

This two year Framework Licensing Agreement allows for Arria's NLG Engine to be an integral part of the financial services company's research and reporting capabilities for improved customer and management reporting.

Stuart Rogers, Chairman and Chief Executive of Arria NLG plc, commented: "We are delighted to welcome this global financial services company as a new client of Arria NLG, licensing our technology to deploy Natural Language Generation narratives that will help produce research and reporting for their personnel and customers. We look forward to helping them build on their long held reputation for innovation in the financial services industry by assisting them to succeed in their NLG ambitions.

This new Arria NLG client will be working closely with our Sydney-based NLG Development Centre, led by Dr Robert Dale, Arria NLG's Chief Technology Officer and Chief Strategy Scientist. This collaboration strengthens Arria NLG's presence in the Asia-Pacific Region."

For further information, please visit www.arria.com or contact:

 
 Arria NLG plc                                                   Tel +44 (0) 20 7100 
  Stuart Rogers, Chairman and Chief Executive                                   4540 
---------------------------------------------  ------------------------------------- 
 Allenby Capital, Nominated Adviser and                          Tel: +44 (0)20 3328 
  Joint Broker                                                                  5656 
  Nick Naylor 
  Jeremy Porter 
  James Reeve 
---------------------------------------------  ------------------------------------- 
 Westhouse Securities, Joint Broker                             Tel: +44 (0) 20 7601 
  Antonio Bossi                                                                 6100 
  Robert Finlay 
---------------------------------------------  ------------------------------------- 
 IFC Advisory, Financial PR and IR                               Tel: 44 (0) 20 3053 
  Tim Metcalfe                                                                  8671 
  Graham Herring                                   tim.metcalfe@investor-focus.co.uk 
                                                 graham.herring@investor-focus.co.uk 
---------------------------------------------  -------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRPKBDPCBKDANB

Arria Nlg Ords (LSE:NLG)
Historical Stock Chart
From May 2024 to Jun 2024