Cerillion PLC Major Contract Win (4153S)

TIDMCER

RNS Number : 4153S

Cerillion PLC

21 December 2016

21 December 2016

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Major Contract Win

Cerillion, the billing, charging and customer relationship management ("CRM") software solutions provider, is pleased to announce that it has secured a EUR3.3 million contract with a new customer in Europe. The contract is with a quad-play* communications provider for the Company's enterprise CRM and billing solution, incorporating its convergent charging system. The new solution represents a full business support systems transformation and was won after a global tender process. The new contract helps to underpin market expectations for the current financial year.

Louis Hall, Chief Executive Officer of Cerillion, commented:

"I am delighted to announce this major contract win in Europe for our core enterprise solution. Our new convergent charging system was a key element in our successful tender. Our pre-integrated suite provides a complete solution for multi-service communications providers looking to launch the next generation of convergent services and we look forward to commencing the implementation."

*"Quad-play" is the term used to describe combined broadband internet access, television, telephone and mobile services.

For further information please contact:

 
 Cerillion plc                c/o KTZ Communications 
  Louis Hall, CEO              T: 020 3178 6378 
 
 Shore Capital (Nomad and     T: 020 7408 4090 
  Broker) 
 Bidhi Bhoma 
  Toby Gibbs 
 
 KTZ Communications           T: 020 3178 6378 
 Katie Tzouliadis 
  Emma Pearson 
 
 

About Cerillion

Cerillion is a leading provider of mission critical software for billing, charging and CRM, with a 17 year track record in providing comprehensive revenue and customer management solutions. The Company has approximately 80 customer installations across over 40 countries, principally serving the telecommunications market but also utilities and financial services.

Led by a highly experienced management team, the Company is headquartered in London, with operations in Pune, India where its Global Solutions Centre is located.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 21, 2016 02:00 ET (07:00 GMT)