Cerillion PLC Gartner Magic Quadrant Report

TIDMCER

Cerillion PLC

21 February 2019

21 February 2019

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Cerillion recognised as a Visionary

for third consecutive time in Gartner's Magic Quadrant report

Cerillion, the billing, charging and customer relationship management software solutions provider, is pleased to announce that it has been recognised as a Visionary for the third consecutive time in Gartner's Magic Quadrant for Integrated Revenue and Customer Management (IRCM) for CSPs*.

This is the fifth successive time that the Company has been positioned in this annual report. Cerillion believes its inclusion in the "Visionaries" quadrant for the third consecutive time reflects the Company's status as one of the leading Business Support System/Operations Support System ("BSS/OSS") providers in the industry.

This year's Magic Quadrant report assesses 18 vendors in the IRCM market, with each vendor evaluated for its "completeness of vision" and "ability to execute", including company strategy and customer references. Customers of both Cerillion's BSS/OSS product suite, Cerillion Enterprise, and its Software-as-a-Service (SaaS) subscription and billing management platform, Cerillion Skyline, were surveyed by Gartner for this report.

Louis Hall, CEO of Cerillion, commented:

"We are very pleased to have been included in Gartner's annual report for the fifth consecutive time, and are especially delighted to have been recognised as a Visionary for the third successive time.

"Cerillion Enterprise and Cerillion Skyline were both evaluated against a comprehensive set of criteria, and our position in the Magic Quadrant we believe reflects the strength of our products and our exceptional levels of customer service and delivery expertise."

* Gartner Magic Quadrant for Integrated Revenue and Customer Management for CSPs by Norbert Scholz, Jouni Forsman, Amresh Nandan, Ramesh Marimuthu, 11 February 2019

For further information please contact:

 
 Cerillion plc                        c/o KTZ Communications 
  Louis Hall, CEO                      T: 020 3178 6378 
  Oliver Gilchrist, CFO 
 
 Shore Capital (Nomad and Broker)     T: 020 7408 4090 
 Toby Gibbs, Mark Percy 
 
 KTZ Communications                   T: 020 3178 6378 
 Katie Tzouliadis, Dan Mahoney 
 
 

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About Cerillion

www.cerillion.com

Cerillion has a 19-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector but also to other markets, including utilities and financial services. The Company has approximately 90 customer installations across 44 countries.

Headquartered in London, Cerillion has operations in Pune, India, where its Global Solutions Centre is located, Sydney and Miami.

The business was originally part of Logica plc before its management buyout, led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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February 21, 2019 02:02 ET (07:02 GMT)