Ideagen PLC New Contract Wins worth £1.2m

TIDMIDEA

Ideagen PLC

13 October 2016

13 October 2016

RNS REACH

Ideagen PLC

("Ideagen" or the "Group")

New Contract Wins worth GBP1.2m

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management software to highly regulated industries, is pleased to announce that over the past month it has been awarded three important contracts with new customers in key vertical markets worth a combined value of GBP1.2m.

Two of the new contracts represent key customer wins in the aviation sector. Air Transat, a Canadian airline, and KLM, a Dutch airline, have selected Ideagen to implement vital risk-based compliance solutions to help drive operational excellence and enhance customer safety.

Air Transat and KLM are the latest aviation customers to select Ideagen products. The Group now has approximately 300 aviation customers including over 100 regional and national airlines.

In addition, Medway NHS Trust has selected Ideagen to provide a secure platform which will enable the Trust's laboratories to electronically communicate with GP practices thereby streamlining the clinical test process. It is intended that the system will drive operational efficiencies and further improve patient care.

David Hornsby, CEO of Ideagen, commented: "We are delighted to have secured these new customer contracts which extend the use of our software within two key vertical markets. Today we have over 2,000 customers and many of these are within healthcare and aviation. These contracts demonstrate the opportunity to continue to grow both our key market sectors and the technical capability of our solutions."

Enquiries:

 
 Ideagen plc                     01629 699100 
 David Hornsby, Chief 
  Executive 
 Graeme Spenceley, Finance 
  Director 
 
 finnCap Limited                020 7220 0500 
 Stuart Andrews/James 
  Thompson (Nomad) 
 Stephen Norcross (Corporate 
  Broking) 
 
 Alma PR                        020 8004 4218 
 Hilary Buchanan 
 Josh Royston 
 

About Ideagen Group plc

Ideagen is a UK company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L). Ideagen is a supplier of Information Management software with operations in the UK, the United States and the Middle East. The Company specialises in eGRC (Enterprise Governance, Risk and Compliance) and Healthcare solutions for organisations operating within highly regulated industries. With an excellent portfolio of software products, Ideagen is able to provide complete content lifecycle solutions that enable organisations to meet their Regulatory and Quality Compliance standards, helping them to reduce costs and improve efficiency.

The Group has a customer base of over 2,200 organisations using the Ideagen suite of products, including many blue chip names such as BAE Systems, Emirates, Shell and the European Central Bank as well as 150 hospitals in the UK and US.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 13, 2016 02:00 ET (06:00 GMT)