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CER - Cerillion News Story

415p 1.0  0.2%

Last Trade - 05/03/21

Small Cap
Market Cap £121.7m
Enterprise Value £119.5m
Revenue £20.8m
Position in Universe 958th / 1807

Cerillion PLC - Major Contract Win

Wed 21st December, 2016 7:00am
RNS Number : 4153S
Cerillion PLC
21 December 2016

21 December 2016


Cerillion plc

("Cerillion" or "the Company")

Major Contract Win

Cerillion, the billing, charging and customer relationship management ("CRM") software solutions provider, is pleased to announce that it has secured a 3.3 million contract with a new customer in Europe. The contract is with a quad-play* communications provider for the Company's enterprise CRM and billing solution, incorporating its convergent charging system. The new solution represents a full business support systems transformation and was won after a global tender process. The new contract helps to underpin market expectations for the current financial year.

Louis Hall, Chief Executive Officer of Cerillion, commented:

"I am delighted to announce this major contract win in Europe for our core enterprise solution. Our new convergent charging system was a key element in our successful tender. Our pre-integrated suite provides a complete solution for multi-service communications providers looking to launch the next generation of convergent services and we look forward to commencing the implementation."

*"Quad-play" is the term used to describe combined broadband internet access, television, telephone and mobile services.

For further information please contact:

Cerillion plc

Louis Hall, CEO

c/o KTZ Communications

T: 020 3178 6378

Shore Capital (Nomad and Broker)

T: 020 7408 4090

Bidhi Bhoma

Toby Gibbs

KTZ Communications

T: 020 3178 6378

Katie Tzouliadis

Emma Pearson

About Cerillion

Cerillion is a leading provider of mission critical software for billing, charging and CRM, with a 17 year track record in providing comprehensive revenue and customer management solutions. The Company has approximately 80 customer installations across over 40 countries, principally serving the telecommunications market but also utilities and financial services.

Led by a highly experienced management team, the Company is headquartered in London, with operations in Pune, India where its Global Solutions Centre is located.

This information is provided by RNS
The company news service from the London Stock Exchange
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