I-design Group Plc – a cracking contract win for this innovative business

I-Design Group Plc (LON:IDG) , the developer and supplier of the market-leading ATM advertising solution, atmAd, has encouraged with a series of positive announcements over the past few weeks.  Hot on the heels of its encouraging trading update on 18th October when it confirmed second half revenues significantly higher than in the first half and full year revenues of approximately £2.2m the Group today announced an excellent new ATM Network contract win.The group has secured a new multi-year contract with YourCash Limited, Europe’s largest independent provider of ATM solutions and established a presence in the Netherlands for i-design.  The contract initially covers the implementation of atmAd on approximately 500 ‘free to use’ ATMs. The majority of these, around 300, are located in the UK with the remaining number, around 200, situated in the Netherlands, taking i-design into a new territory in Europe.  YourCash’s total ATM estate comprises approximately 6,000 ATMs in the UK and approximately 600 in the Netherlands, with the majority located in retail sites, including supermarkets and convenience stores. i-design has also secured the exclusive rights to run third party advertising on these ATMs and following the roll-out of atmAd, will benefit from ongoing revenues generated by third party advertising sales. Once the roll-out is complete, i-design’s network of ATMs available for third party advertising will be approximately 9,900 in total.Things are really starting to move forward for this innovative business!