AGM Trading and Business update

RNS Number : 0214K

Eckoh PLC

15 August 2012

 



For Immediate Release

15 August 2012

Eckoh plc

("Eckoh" or "the Company")

AGM Trading and Business update

Chris Batterham, Chairman of Eckoh will provide the following trading statement at the Company's AGM later today:

"I am pleased to report that the Company has experienced very high levels of sales activity in the first Quarter of the new financial year and that trading is in line with market expectations.

Since our Final Results announced on June 12 2012, we have secured a number of new contract wins including agreements with two more water utility companies which takes our market share to over 50% in this sector.  Payment solutions continue to drive the majority of our new business momentum and we have announced new contract wins in this area with the Chartered Institute of Management Accountants (CIMA) and Kiddicare. Both have been generated through a new sales partnership with a global payment service provider and although this relationship has only been established since May 2012 it is already delivering significant levels of new business activity.

The Board expects that our growing number of channel partnerships together with our market leading combination of speech and payment products will lead to a number of additional new contract announcements during the remainder of the year.  

The Board therefore remains confident of continued growth in the current financial year and foreseeable future."

Enquiries:

Eckoh plc Nik Philpot, Chief Executive Officer Adam Moloney, Group Finance Director www.eckoh.com	Tel: [phone]
Buchanan Jeremy Garcia, Nicola Cronk, Gabriella Clinkard www.buchanan.uk.com	Tel: [phone]
Singer Capital Markets Shaun Dobson, Matthew Thomas	Tel: [phone]

Notes to Editors:

About Eckoh plc

Eckoh plc (AIM: ECK) is the UK's leading provider of customer service solutions using speech recognition, and complementary services on the web and mobile.

Eckoh's solutions enable transactions, enquiries or payments to be processed without the caller needing to talk to a contact centre. This significantly reduces its clients' costs, whilst freeing up contact centre agents to deal with more complex enquiries. Eckoh is the largest provider of such hosted services in the UK.

Eckoh's secure and resilient infrastructure has the scalability to handle over 650,000 calls an hour and up to 8,000 calls simultaneously, which means calls can always be answered no matter how unpredictable the circumstances.

For more information, visit: www.eckoh.com

 

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