Eckoh PLC UK Contract Wins (8531D)

TIDMECK

RNS Number : 8531D

Eckoh PLC

05 February 2018

 
    5 February 2018 
 

Eckoh plc

("Eckoh", or "the Company", or "the Group")

UK Contract Wins

Eckoh secures six sizeable UK contracts

Benefits of restructured UK sales function coming through with new, larger UK accounts

Eckoh plc (AIM:ECK), the global provider of secure payment products and customer contact solutions, has since interim results on November 22(nd) 2017 secured six sizeable UK contract wins across the payments, insurance, healthcare and mobile telecoms sectors - the latter being a contract with one of the UK's largest mobile network providers.

Eckoh previously indicated at its interim results that the restructuring of its UK sales function would ensure a greater focus on larger strategic accounts, leveraging the strength of the entire Eckoh product portfolio, and that the benefits of the restructuring would come through in the second half. Today's announcement demonstrates that the Company has begun to see the positive impact of this initiative as these contract wins constitute a mix of both secure payments and customer contact solutions, and the pipeline of UK business is strong.

Commenting on the UK contract wins, Nik Philpot, Chief Executive Officer Eckoh plc, adds:

"We are very pleased with the recent progress we have made in the UK, with strong demand for both our secure payments offering and our customer contact solutions. Having committed the time and resource to restructure our UK sales function to focus on larger, more strategic accounts, the contracts won are a welcome validation of our strategy."

-ENDS-

For more information, please contact:

 
 Eckoh plc 
 Nik Philpot, Chief Executive Officer        Tel: [phone] 
 Chrissie Herbert, Chief Financial Officer 
 www.eckoh.com 
 
 FTI Consulting LLP 
 Ed Bridges / Emma Hall / Darius Alexander   Tel: [phone] 
 [e-mail] 
 
 N+1 Singer (Nomad & Joint Broker) 
 Shaun Dobson, Lauren Kettle                 Tel: [phone] 
 www.n1singer.com 
 
 Berenberg (Joint Broker) 
 Ben Wright, Chris Bowman, Mark Whitmore     Tel: [phone] 
 www.berenberg.de/en 
 

About Eckoh plc

Eckoh is a global provider of secure payment products and customer contact solutions, supporting an international client base from its offices in the UK and US.

Our secure payments products, which include the patented CallGuard, can be hosted in the Cloud or deployed on the client's site and remove sensitive personal and payment data from contact centres and IT environments. The products offer merchants a simple and effective way to reduce the risk of fraud, secure sensitive data and become compliant with the Payment Card Industry Data Security Standards ("PCI DSS") and wider data security regulations. Eckoh has been a PCI DSS Level One accredited Service Provider since 2010, processing over $1bn in card payments annually.

Eckoh's customer contact solutions enable enquiries and transactions to be performed on whatever device the customer chooses, allowing organisations to increase efficiency, lower operational costs and provide a true Omni-Channel experience. We also assist organisations in transforming the way that they engage with their customers by providing support and transition services as they implement our innovative customer contact solutions.

Our large portfolio of clients come from a broad range of vertical markets and includes government departments, telecoms providers, retailers, utility providers and financial services organisations. More information at www.eckoh.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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February 05, 2018 02:00 ET (07:00 GMT)