Arria NLG PLC Licensing Agreement with MeteoGroup UK (7171M)
May 11 2015 - 2:01AM
UK Regulatory
TIDMNLG
RNS Number : 7171M
Arria NLG PLC
11 May 2015
11 May 2015
Arria NLG plc
("Arria" or the "Company")
Licensing Agreement with MeteoGroup UK
Arria NLG plc (AIM: NLG), a leader in the development and
deployment of Natural Language Generation ("NLG") technologies, is
pleased to announce the signing of a development and licensing
agreement with MeteoGroup UK Limited ("MeteoGroup").
Arria NLG will work with MeteoGroup to develop a weather report
module for two regions in Europe: one for a region in the UK in
English and one for a region in Germany in German, in consideration
of contracted professional service fees. Upon acceptance of this
initial module by MeteoGroup, the agreement provides annual
licensing fees for the use of these modules. The multilingual
aspect of this agreement with MeteoGroup demonstrates the robust
nature of the Company's core product set in its ability to address
a broad range of applications across diverse industries globally.
The Company continues to enhance the capabilities of its core NLG
Engine, multilingual modules and development toolkit to meet the
growing needs of its clients.
Stuart Rogers, Chairman and Chief Executive of Arria NLG plc,
commented: "We are very pleased to be announcing this new contract.
Weather applications are part of Arria NLG's heritage and
meteorology is a strong market for the Company. We help companies
turn weather data into forecasts, business applications and
revenues. MeteoGroup has a strong global presence, and a vision of
how it wants to grow its business, and how NLG can support its
plans and growth. The agreement focuses initially on one type of
reporting, in two different countries, each in its own language. It
will be a base platform to which other modules and languages can be
added to support MeteoGroup's growing needs. We look forward to
working closely with MeteoGroup on the initial weather report and
on future applications."
Dennis Schulze, Chief Meteorology Officer from MeteoGroup,
stated: 'We are delighted to have identified Arria NLG as a partner
to provide us with technology turning our high-quality
meteorological data into meaningful reports for our clients. This
will enable us to extend our product portfolio and help our
customers to make the right decisions in weather critical
operations."
For further information, please visit www.arria.com or
contact:
Arria NLG plc Tel +44 (0) 20 7100
Stuart Rogers, Chairman and 4540
Chief Executive
----------------------------- --------------------------------------
Allenby Capital, Nominated Tel: +44 (0)20 3328
Adviser and Joint Broker 5656
Nick Naylor
Jeremy Porter
James Reeve
----------------------------- --------------------------------------
Westhouse Securities, Joint Tel: +44 (0) 20 7601
Broker 6100
Antonio Bossi
Robert Finlay
----------------------------- --------------------------------------
IFC Advisory, Financial PR Tel: 44 (0) 20 3053
and IR 8671
Tim Metcalfe tim.metcalfe@investor-focus.co.uk
Graham Herring graham.herring@investor-focus.co.uk
----------------------------- --------------------------------------
Notes to editors:
Arria NLG: www.arria.com
Arria NLG's core product is known as the Arria NLG Engine, a
form of artificial intelligence, specialised in extracting
information from complex data sources and communicating that
information in natural language (i.e. as if written by a human).
The scientific foundation for the Arria NLG Engine is based on more
than 30 years of research and development by the Data2Text Founders
at the University of Aberdeen.
MeteoGroup: http://www.meteogroup.com/en/gb/home.html
MeteoGroup is one of the world's leading global full-service B2B
weather solutions businesses, operating across all sectors where
weather impacts business decision making. It provides innovative
tools and support which assist its customers to make critical
decisions more effectively to create value, save costs, minimise
risk and manage environmental impact. MeteoGroup's team of expert
and experienced meteorologists is available 24/7 to deliver the
highest quality analysis and advice. With over 400 employees
operating in 17 offices across the world, MeteoGroup is in an ideal
position to provide local services to a global audience.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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