Contract Renewal & Extension

RNS Number : 0034T

Imaginatik PLC

21 September 2010

 



 21 September 2010

Imaginatik plc

("Imaginatik" or the "Company")

Contract Renewal & Extension

Imaginatik plc (AIM:IMTK), a leading provider of idea management software and innovation consultancy, is pleased to announce the signing of an annual contract renewal and extension with one of the world's leading aerospace corporations. No financial information has been disclosed due to the commercially sensitive nature of the contract.

The company has been a customer of Imaginatik's for three years, during which time it has used Imaginatik's software and processes to focus on key value areas within the enterprise, including product and technology innovations, leadership and team functions and the supply chain. In addition, the client has also partnered with Imaginatik in the early-stage development of Portfolio Monitor, which allows companies to successfully track specific ideas through their own pipelines, and became one of the first companies to deploy this within its organisation.

Matt Cooper, Executive Chairman, Imaginatik, commented "We are delighted that one of the world's largest aerospace businesses has renewed and extended their relationship with Imaginatik. It is an excellent endorsement of the value we bring to their business and we look forward to working with them on an on-going basis."

For further information please contact:  

Imaginatik plc	Tel: [phone]
Matthew Cooper, Chairman / Shawn Taylor, CFO
Arbuthnot Securities Limited	Tel: [phone]
Tom Griffiths
Threadneedle Communications	Tel: [phone]
Caroline Evans-Jones / Hilary Millar

About Imaginatik

Imaginatik provides Innovation and idea management solutions to companies such as The Chubb Group of Insurance Companies, Boeing, Pfizer, Xerox, Goodyear and Cargill. Few companies possess the internal capability to consistently generate fresh ideas, identify those worth pursuing and reliably transform them into real, value-enhancing assets. This is Imaginatik's area of expertise.

Imaginatik provides customers with strategic consulting, the award-winning Idea Central technology solution and an experienced, results-oriented innovation consulting team.

Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE:IMTK.L) and a World Economic Forum Technology Pioneer with offices in Boston, MA, and London. In 2009, Imaginatik was named as one of the 500 fastest growing technology companies in the EMEA region by Deloitte.

For more information visit www.imaginatik.com.

 

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