Contract Wins

RNS Number : 7996A

Pelatro PLC

04 June 2021

 

04 June 2021

Pelatro Plc

("Pelatro" or the "Group")

Contract Wins Improve Visibility for 2021

Pelatro Plc (AIM: PTRO), the telecom Customer Engagement Hub software specialist, is pleased to announce that it has secured contracts for additional modules from existing customers, adding up to approximately $200,000, that will be delivered in 2021. With these, the total value of contracts in hand and representing 2021 revenue is approximately $7.0 million.

Commenting on this increase, Subash Menon, Managing Director and CEO said, "We are delighted to sell additional modules to existing customers, which deepens and broadens our engagement with them. Our customers are increasingly moving different parts of their activities onto our mViva platform." 

For further information contact:

Pelatro Plc
Subash Menon, Managing Director	c/o Cenkos
Nic Hellyer, Finance Director
Cenkos Securities plc (Nominated Adviser and Broker)	[phone]
Stephen Keys / Mark Connelly (Corporate Finance)
Michael Johnson (Sales)

Notes to editors

The Pelatro Group was founded in March 2013 by Subash Menon and Sudeesh Yezhuvath with the objective of offering specialised, enterprise class software solutions for customer engagement principally to telcos who face a series of challenges including market maturity, saturation and customer churn.

Pelatro provides its "mViva" platform for use by customers in B2C and B2B applications, and is well positioned in the Customer Engagement space. Our technology orchestrates the digital journey of the customers of the telcos through contextual, relevant and real time offers and loyalty programs across multiple channels including websites, social media, apps and others.

For more information about Pelatro, visit www.pelatro.com

 

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