Multi-year contract with Sainsbury's

RNS Number : 3125S

Eagle Eye Solutions Group PLC

07 July 2015

 

07 July 2015

Eagle Eye Solutions Group PLC

("Eagle Eye" or the "Company")

Eagle Eye wins a multi-year contract with Sainsbury's

Eagle Eye, a leading UK provider of digital consumer engagement solutions to the retail and hospitality industries, is delighted to announce that the Company has won a new contract with Sainsbury's Stores Ltd ("Sainsbury's") for the deployment of its Eagle Eye AIR platform.

This contract will contribute material revenue to Eagle Eye.

Phill Blundell, Chief Executive Officer of Eagle Eye, commented: "I am delighted that Sainsbury's has chosen Eagle Eye. This is a major endorsement of the benefits that the Eagle Eye AIR platform delivers and represents a significant milestone for our business as we continue to help transform the ways in which retailers connect with their customers."

Ends

For further information, please contact: Eagle Eye
Phill Blundell, Chief Executive Officer Lucy Sharman-Munday, Chief Financial Officer	Tel: [phone]

Panmure Gordon
Hugh Morgan/Fabien Holler/Duncan Monteith, Corporate Finance Charles Leigh-Pemberton, Corporate Broking	Tel: [phone]
Hudson Sandler
Nick Lyon/Alex Brennan	Tel: [phone]
For further information from Sainsbury's, please contact the Sainsbury's press office on 020 7695 7295 Information on Eagle Eye www.eagleeye.com

About Eagle Eye

Eagle Eye is a leading UK provider of digital consumer engagement solutions to the retail and hospitality industries, enabling customers to deliver real-time digital promotions to their consumers.

The Company's digital transaction platform, Eagle Eye AIR, enables the secure, real-time, multi-channel issuance, management and redemption of digital offers, vouchers and rewards, replacing previously used paper-based methods.

The coupons, stored value (monetary value in a digital format) and loyalty-based rewards markets are currently transitioning through substantial change as both retailers and consumers are moving away from paper and plastic to digital offers, vouchers and rewards. These markets, in aggregate, are estimated to be worth £54.8 billion, £4.7 billion and £210 million respectively.

The Eagle Eye AIR platform comprises four key components: campaign creation; issuance; redemption and reporting. The Company's products supported by the Eagle Eye AIR platform allow the Company's customers to deliver relevant offers, vouchers and rewards to consumers in real time, in a simple and secure way, across multiple marketing communications channels including email, SMS messaging and loyalty apps. The promotions can be redeemed securely by the consumer through any enabled point of sale channel. Eagle Eye PROMOTE, a module within the AIR platform, enables FMCG suppliers to login, set up and monitor their own campaigns in real-time.

The Company's current customer base comprises leading names in UK retail and hospitality including Asda, Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells & Butlers, Pizza Express, Tesco, Thomas Pink and Young's.

The Group is headquartered in Guildford and has an office in Manchester.

 

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