AGM Trading and Business Update

RNS Number : 8754Z

Eckoh PLC

23 September 2015

 



For Immediate release

23 September 2015

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 continued its progress seen in recent years and has been successful in securing a number of new contract wins in the early months of the new financial year.

In August, we were pleased to announce a number of new contract wins for our CallGuard solution that demonstrated the international demand for the solution with implementations taking place in Morocco, USA, Canada and South Africa. We continue to receive enquiries for the solution from all over the world. We have also seen particular international interest in our newly launched Haloh Audio Tokenisation secure payment solution, having already secured our first contract in the UK with Sensée, an outsourcer specialising in homeworkers, on behalf of one of its new customers.

Sales pipeline activity remains high with a particular acceleration in enquiries from the US subsidiary since the end of the summer period.

We have today separately announced a three year contract to provide CallGuard for the Co-operative Group following a competitive tender, further demonstrating that high quality organisations are prioritising the protection of their customers' credit card data.

Eckoh typically sees a strong second half trading performance following the delivery of contracts won in the first half along with seasonal volume increases for many long standing Eckoh clients. This trend is expected to be repeated in the 2015/6 financial year. We remain confident that the high levels of growth seen in previous years will continue through the new financial year and beyond with current trading remaining in line with market expectations."

For further enquiries, please contact:

Eckoh plc Nik Philpot, Chief Executive Officer Adam Moloney, Group Finance Director www.eckoh.com	Tel: [phone]
Buchanan Sophie McNulty, Gabriella Clinkard www.buchanan.uk.com	Tel: [phone]
N+1 Singer Shaun Dobson	Tel: [phone]

Notes to Editors:

About Eckoh plc

Eckoh plc (AIM: ECK) is a global provider of secure payment products and customer service solutions, working with organisations in over 10 countries around the world.

Eckoh has a range of secure payment products that are designed to help merchants become compliant with the Payment Card Industry Data Security Standards ('PCI DSS') and to reduce the risk of fraud by eliminating card data from contact centres and IT environments. Eckoh's CallGuard product can be deployed on the customer's site or hosted in the Cloud. It allows Contact Centres to take card payments from customers without their agents seeing, hearing or accessing card data in any way. Eckoh has been a PCI DSS Level One accredited Service Provider since 2010 and currently process over $1 billion in card payments annually.

Eckoh's customer service solutions enable payments, transactions and enquiries to be processed without the caller needing to talk to a contact centre agent. This significantly reduces our clients' costs, whilst freeing up their agents to deal with more complex enquiries. These solutions are delivered over the phone, web and mobile devices. Eckoh is the largest provider of such hosted services in the UK.

For more information, visit: www.eckoh.com or www.eckoh.us

 

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