REG - Crimson Tide PLC - Significant contract win takes Crimson Tide Global <Origin Href="QuoteRef">CTID.L</Origin>

Crimson TideAnnouncement

29/10/2014 07:01

RNS Number : 4576Q
Crimson Tide PLC
01 September 2014
1 September 2014
Crimson Tide PLC ("Crimson Tide" or "the Company")
SIGNIFICANT CONTRACT WIN TAKES CRIMSON TIDE GLOBAL
Crimson Tide, the leading developer of mpro5 enterprise smartphone and tablet apps in the cloud, has signed an agreement with one of the world's largest food companies which will last in excess of three years. The new agreement is expected to equate to a minimum of 250,000 of contracted margin revenue over the term for the Company and demonstrates the increasing scalability of the mpro solution.
Upon the achievement of an extended worldwide rollout, the size of the contracted margin revenue could rise significantly above 250,000 conditional on the number of users. There are no associated hosting costs and Crimson Tide will not be required to provide mobile devices. The contract is expected to be rolled out to thousands of users worldwide. There are further opportunities for other applications for the same client.
Crimson Tide's mpro5 system will provide the client with Proof of Delivery and Estimated Time of Arrival information for its own and third party deliveries. mpro5 will communicate with the client's SAP system to collect and receive delivery data from mobile devices used by drivers and delivery workers. This proves mpro5's interoperability capabilities with the largest ERP systems. 
The first rollout of the system will be in Australia imminently and further countries will follow suit. In keeping with the international scale of the operation, Crimson Tide is providing local language versions of mpro5 and its mpro cloud-based management website, hosted on Microsoft Azure.
Barrie Whipp, Executive Chairman, Crimson Tide commented, "This contract is a transformational landmark for Crimson Tide. It validates mpro5 as a world leading enterprise cross platform mobility solution. I was particularly pleased that Microsoft introduced the two companies based on Crimson Tide's experience in delivering enterprise mobility in the cloud on Microsoft Azure.
"Our footprint will expand worldwide and we are very proud to be working with our global client on this project. "
For further information, please contact:
Crimson Tide plc
Barrie Whipp/ Laurence D'Arcy

01892 542444
W.H. Ireland Limited
James Joyce / James Bavister
020 7220 1666
Blytheweigh
Tim Blythe / Halimah Hussain/ Alex Shilov
020 7138 3204
Notes to Editors 
Crimson Tide is a mobile solutions specialist. The company was founded by Barrie Whipp in 1996 and listed on the London Stock Exchange in 2006. It launched its mpro applications in 2004 which have now become the focus of the business.
mpro5 is a world class mobile business system developed by Crimson Tide. It drives business efficiency by giving companies the ability to schedule jobs to the smartphones, tablets and PDAs of staff working outside the office from a powerful Windows Azure cloud-based management website. 
Crimson Tide chose to use the Microsoft Azure cloud-based platform, as the infrastructure used within mpro5 because the Company believes it to be the most robust, reliable and secure cloud platform available.

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