New contract wins

RNS Number : 2988E

D4T4 Solutions PLC

05 November 2020

 

5 November 2020  

D4t4 Solutions Plc

New Contract Wins

D4t4 Solutions Plc (AIM: D4t4, "the Group" or "D4t4"), the AIM-listed data solutions provider, announces four new contract wins in key vertical sectors for the Group's Celebrus family of products, which will add a total of c£5.5 million to revenue in the current financial year. These wins evidence the strength of the pipeline of business opportunities with new and existing clients alike that is underpinning the Board's confidence in delivering a strong second half of the year.

Newly won contracts comprise:

Celebrus customer data management (CDM)

·       A significant multi year extension of a contract with a major US financial services organisation using our   Celebrus CDM platform

·     An extension of an existing contract with a financial services provider in the UK using our Celebrus CDM   platform

Celebrus customer data platform (CDP)

· A new business win for our Celebrus CDP software with a European BtoB e-commerce provider

·   A multi-year contract extension with an existing customer, a global automotive manufacturer, for our Celebrus CDP software

Commenting on these developments, Peter Kear, CEO of D4t4 Solutions, said:

"We are delighted with these contract successes; adding c£5.5 million to revenue during the current financial year they provide further confirmation of the strength of the business.

"We are in a good position and remain confident about our prospects for the full year with clear visibility on both existing and new business, plus the high level of recurring revenue to be recognised during the second half."

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Enquiries

D4t4 Solutions Plc   Peter Kear, Chief Executive Officer   Charles Irvine, Chief Financial Officer	[phone] [e-mail]
finnCap (Nominated Adviser & Joint Broker)   Julian Blunt / Emily Watts, Corporate Finance   Alice Lane, ECM	[phone]
Canaccord Genuity (Joint Broker)   Simon Bridges / Andrew Potts	[phone]
Instinctif Partners   Adrian Duffield / Kay Larsen / Chantal Woolcock	[phone] [e-mail]

 

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