Tungsten Corporation PLC Tungsten Corporation plc registered office change (5242H)

TIDMTUNG

RNS Number : 5242H

Tungsten Corporation PLC

20 May 2014

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For Immediate Release 20th May 2014

MARKET UPDATE

Tungsten Corporation plc registered office change

London, 20th May - Tungsten Corporation plc (LSE:TUNG) announces that, with effect from today, its registered office has changed to: Pountney Hill House, 6 Laurence Pountney Hill, London, EC4R 0BL.

About Tungsten Corporation plc

Tungsten Corporation (LSE:TUNG) accelerates global trade by enabling customers to streamline invoice processing, improve cash-flow management and make better buying decisions from their detailed spend data.

The combination of Tungsten's core business areas offers an unrivalled proposition: Tungsten Network, built on OB10 e-Invoicing, simplifies and streamlines the complex invoice-to-pay process to connect supply chains and enable predictable payment. Compliant in 44 countries across Europe, the Americas and Asia Pacific, Tungsten Network can reduce invoice-processing costs by 60% and deliver an ROI in less than a year.

Tungsten Network Analytics gives Procurement teams line-level insight into their spend data in real time. Tungsten Network Finance supports business growth by giving suppliers easy access to flexible supply chain financing through dedicated funds.

Tungsten connects many of the world's largest companies and government agencies to their thousands of suppliers around the globe. Governments are making their economies more efficient, managing working capital, streamlining the public sector and fighting fraud. Tungsten Network processed transactions worth over $185 billion last year for organisations such as ADS, BT, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's and the US Federal Government.

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