Pelatro PLC Contract Wins (1471Z)

TIDMPTRO

RNS Number : 1471Z

Pelatro PLC

13 September 2022

13 September 2022

Pelatro Plc

("Pelatro" or the "Group")

Contract Wins

Pelatro Plc (AIM: PTRO), the Customer Engagement Hub software specialist for enterprises, is pleased to announce that it has been awarded multiple purchase orders for change requests by existing customers, adding up to around $600,000. With these purchase orders, revenue visibility for 2022 stands at around $8.5 million.

Commenting on this win, Subash Menon, Managing Director and CEO said, "We are continuing to experience significant momentum in our business and are confident of generating further growth in the foreseeable future."

For further information contact:

 
 Pelatro Plc                                                   c/o finnCap 
 Subash Menon, Managing Director 
 Nic Hellyer, Chief Financial Officer 
 
 finnCap Limited (Nominated Adviser and Joint          Tel: [phone] 
  Broker)                                                             0500 
 Carl Holmes / Milesh Hindocha (Corporate Finance) 
 
 Dowgate Capital Limited (Joint Broker)                Tel: [phone] 
                                                                      7715 
 Stephen Norcross 
 
 
 

Notes to editors

The Pelatro Group was founded in March 2013 by Subash Menon and Sudeesh Yezhuvath with the objective of offering specialised, enterprise class software solutions for customer engagement principally to telcos who face a series of challenges including market maturity, saturation and customer churn.

Pelatro provides its "mViva" platform for use by customers in B2C and B2B applications and is well positioned in the Customer Engagement space. Our technology orchestrates the digital journey of the customers of the telcos through contextual, relevant and real time offers and loyalty programs across multiple channels including websites, social media, apps and others.

For more information about Pelatro, visit www.pelatro.com

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September 13, 2022 02:00 ET (06:00 GMT)