RCS - Ingenta PLC - New customer wins

IngentaAnnouncement

28/09/2023 07:00

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RNS Number : 9002N  Ingenta PLC  28 September 2023

28 September 2023

Ingenta plc

("Ingenta" or the "Company")

New customer wins

Ingenta plc (AIM: ING), a leading provider of software and services to the
global publishing industry, is pleased to announce it has added 2 more music
customers to its growing Ingenta conChord IP management platform, which
include expansion of the Group's presence in North America with a digital
music distributor and also an entry into Indian music markets with one of the
largest Indian independent music labels.

Scott Winner, CEO of Ingenta, commented:

"Our IP management solutions continue to demonstrate their value through the
expansion not only in the music industry but across multiple geographies as
well.  The continued push to bring these solutions is showing results and
gathering momentum."

Ingenta conChord is designed to help publishers manage the complexities of
contracts and copyrights, enabling them to calculate and distribute accurate
royalties based on the terms in their contracts. The solution is applicable to
a variety of media industries where these concerns are increasingly prevalent.

The information contained in this announcement is not expected to have a
material impact on the Company's expected performance, as described in the
Company's Interim Results dated 11 September 2023.

For further information please contact:

Ingenta
plc
Tel: 01865 397 800

Scott Winner/Jon Sheffield

 

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