We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Proxama | LSE:PROX | London | Ordinary Share | GB00B2PKZ581 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0235 | 0.022 | 0.025 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPROX
RNS Number : 1318Y
Proxama PLC
01 March 2017
1(st) March 2017
Proxama PLC
("Proxama", the "Company" or the "Group")
Manchester smart transportation innovation contract win
Highlights:
-- Proxama to receive GBP0.3m grant from Innovate UK
-- Contract extends beacon network to Manchester
-- Working in partnership with Cisco
Proxama PLC, (AIM: PROX), the mobile commerce company specialising in proximity marketing, is pleased to announce it is part of a collaboration that has been awarded a contract from Innovate UK, the UK's Innovation agency, to design and implement a smart transportation model for the Greater Manchester City Region.
The collaboration, which includes Cisco, the worldwide technology leader, and Purple, Movement Strategies, Transport for Greater Manchester and Sustainable Environment Ltd will deliver a proof of concept solution that will enable Transport for Greater Manchester to better address the challenge of providing transport services to fit demand.
Proxama's role in the project, which will be funded by a GBP0.3m grant, is to develop context-aware location-based marketing services to benefit travellers. As part of this initiative, Proxama will expand its network of Bluetooth Low Energy beacons in to Manchester, to gather location-based data, alongside other proximity technologies such as Wi-Fi, and help to better match transport services to public demand.
This is the fourth grant awarded by Innovate UK to Proxama. The project will commence in Q2 2017 and the GBP0.3 million grant will be paid out to Proxama over 18 months.
John Kennedy, CEO of Proxama, said, "This project demonstrates the value of our technology and our ability to support smarter, targeted marketing services. This contract will also allow us to significantly increase the number of beacons that we have outside of London. Having more beacons means we are able to help brands to reach more consumers in a targeted way, and gather more data."
Enquiries:
Proxama PLC John Kennedy, Chief Executive 020 3668 2888 ------------------------- -------------- Peel Hunt LLP (Nominated Adviser and Broker) Richard Kauffer Euan Brown 020 7418 8900 ------------------------- -------------- Redleaf Communications Charlie Geller Rebecca Sanders-Hewett Sam Modlin 020 7382 4769 ------------------------- --------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTDMGZZRRMGNZM
(END) Dow Jones Newswires
March 01, 2017 02:00 ET (07:00 GMT)
1 Year Proxama Chart |
1 Month Proxama Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions