Business
Contract Win with US Insurer
Contract Win with US Insurer.
About this update from Supply@me Capital Plc
[{"type":"text","content":"\n RNS Number : 7271Z Imaginatik PLC 28 September 2009 \n \n28 September 2009\nImaginatik plc\n('Imaginatik' or the 'Company')\n\nContract Win with Leading US Insurer \n\nImaginatik plc (AIM: IMTK), a leading provider of enterprise collaboration software, is pleased to announce it has won a significant three-year contract with one of the US' leading personal lines property and casualty insurance companies. Imaginatik's software and services will be utilised by the customer to support an enterprise-wide innovation programme focused on cost-reduction, process improvement and product development. Imaginatik's robust, scalable software platform, Idea Central, will enable the participation in the initiative of the customer's 68,000 employees and network of agents located across the US. \n\nNo financial information has been disclosed.\n\nMark Turrell, CEO of Imaginatik, commented, 'Our knowledge of the insurance sector combined with our experience in facilitating successful innovation programmes across some of the largest organisations in the world were invaluable to the winning of this significant contract in a competitive situation. The multi-year nature of the contract adds to our strong level of recurring revenues and gives us confidence on the long-term prospects of Imaginatik.' \n\n\nFor further information please contact: \n\n\n\n\n\nImaginatik plc\n\n\nTel: 020 7917 2975\n\n\n\n\nMark Turrell, CEO / Shawn Taylor, CFO\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nArbuthnot Securities Limited\n\n\nTel: 020 7012 2000\n\n\n\n\nTom Griffiths\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nICIS\n\n\nTel: 020 7651 8688\n\n\n\n\nCaroline Evans-Jones / Hilary Millar\n\n\n\n\n\n\n\n\nAbout Imaginatik \n\nImaginatik is the leading provider of Collective Intelligence solutions, including Collaborative Innovation, Open Innovation and Idea Management technology and services. Some of the world's leading companies use our Idea Central software platform to identify and develop the important ideas and strategies that will drive the future of their business. For more than 10 years, Imaginatik has helped customers including CSC, Pfizer, Boeing, Chubb and Cargill achieve outstanding results with the experience of its consulting ...