Crimson Tide PLC Series of contract wins for mpro5 (3935U)

TIDMTIDE

RNS Number : 3935U

Crimson Tide PLC

24 October 2017

Crimson Tide PLC

("Crimson Tide" or the "Company")

SERIES OF CONTRACT WINS FOR MPRO5

Crimson Tide, the leading developer of enterprise smartphone and tablet apps in the cloud, has won a series of long term contracts in the UK & Ireland.

The value of the contracts is around GBP350,000 to the Company in contracted revenue over the term and includes contracts with:-

-- Coillte, the forestry and lands solutions organisation which is the custodian of over 7% of the land in Ireland. Coillte will be using mpro5 to efficiently manage and monitor its timber harvesting processes.

-- Cambridge University Hospital's AVM Services, a decontamination specialist operating within the NHS Foundation trust, which has signed a 3 year contract to use mpro5, predominantly to carry out the sterilisation of operating theatre equipment and machinery.

-- Four additional Facilities Management companies, further strengthening mpro5's presence in this industry.

-- Brennans Bread, Ireland's largest bakery, for a further 5 year term, following its previous 3 year contract to use mpro5 via Vodafone.

Barrie Whipp, Executive Chairman commented "We continue to work hard on a number of enterprise level agreements in the UK and overseas. In the meantime, the number of mpro5 contracts that are being won continues to grow, and we are extremely pleased to win such a diverse range of contracts. Our new mpro5 app, written in Angular and Ionic is certainly making the sales process easier".

For further information:

Crimson Tide plc

   Barrie Whipp, Executive Chairman          01892 542 444 

WH Ireland

   James Joyce /James Bavister                      020 7220 1666 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 24, 2017 02:00 ET (06:00 GMT)