Feedback PLC Bleepa wins two NHS Contract Awards (0271I)

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RNS Number : 0271I

Feedback PLC

12 April 2022

Feedback plc

Bleepa wins two NHS Contract Awards

   --      Award of twelve-month contracts with two NHS Trusts, for an aggregate value of GBP200,000 

London, 12 April 2022 : Feedback plc (AIM: FDBK, " Feedback" or the "Company"), the specialist clinical communication company, announces that it has been awarded two twelve-month contracts to provide its flagship product, Bleepa(R) , across two NHS Trusts, for an aggregate value of GBP200,000.

The first contract follows a successful pilot and co-development on the platform over the last two years, representing the Company's first full-cycle realisation of its pilot-to-contract business model.

The second represents a contract renewal following the success of an initial one-year contract, at a higher value than the initial contract.

Tom Oakley, CEO of Feedback, said:

"We are delighted to see the value of Bleepa as a core clinical system recognised through the award of two customer contracts. Over the last year we have significantly grown the number of Bleepa users and it is good to see this growth recognised in the uplift in contract value achieved. These contracts are early evidence of the success of our 2019 strategic shift."

Further information on Feedback and its products can be found on the Company's website: https://fbkmed.com/feedback-plc/reports-and-presentations/

-Ends-

Enquiries:

 
 Feedback plc                             [phone] 
  Tom Oakley, CEO                          [e-mail] 
  Anesh Patel, CFO 
 
 Panmure Gordon (UK) Limited (NOMAD 
  and Broker) 
  Emma Earl/Freddy Crossley (Corporate 
  Finance) 
  Rupert Dearden (Corporate Broking)      [phone] 
 
 Walbrook PR Ltd                          Tel: [phone] or [e-mail] 
 Paul McManus/Nick Rome/Nicholas          07980 541 893 or 07748 325 236 
  Johnson                                  or 07884 664 686 
 

About Feedback

Feedback plc is a specialist clinical communications business, with a mission to improve the efficiency and quality of communications for frontline clinicians and hospitals with a key focus on building solutions that enhance access to high quality patient data.

Feedback has developed a toolkit of clinical communications apps. Its core, regulatory approved product is Bleepa, a revolutionary medical imaging app enabling remote and secure communications between frontline clinicians and teams. CareLocker is an evolutionary GDPR compliant patient-centric cloud architecture - its proprietary technology enables an easy route to creation and mobilisation of individual healthcare records. Bleepa Box is a specialist tool to enable image transfer from remote settings to the Bleepa platform over mobile networks.

The Company has a number of growth opportunities domestically and internationally across a range of markets including the NHS, the veterinary market and private healthcare providers and its highly scalable Software as a Service ("SaaS")-based revenue model is expected to provide increasing levels of visibility as the Company grows its customer base.

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April 12, 2022 02:00 ET (06:00 GMT)