RCS - Eagle Eye Solutions - Contract with PFG including first win for EagleAI

Eagle Eye SolutionsAnnouncement

08/01/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240108:nRSH8527Ya&default-theme=true

RNS Number : 8527Y  Eagle Eye Solutions Group PLC  08 January 2024

Reach

8 January 2024

 

Eagle Eye Solutions Group PLC

 

("Eagle Eye" or the "Company")

 

Eagle Eye secures five-year contract with Pattison Food Group including first
win for EagleAI

 

Western Canada's largest grocery retailer adopts the AIR platform to evolve
its loyalty programme and will also use the newly developed EagleAI service to
enable personalised, real-time marketing at scale

 

Eagle Eye, a leading SaaS company that creates digital customer connections
enabling personalised, real-time marketing, has secured a five-year agreement
with Pattison Food Group Ltd ("PFG"), Western Canada's largest grocery
retailer, for the use of Eagle Eye's AIR platform to enhance its loyalty
programme, More Rewards.

 

PFG provides food and health products under 11 retail banners, with the
largest being Save-On-Foods. PFG selected Eagle Eye's technology to evolve its
loyalty programme, More Rewards, and to better personalise the customer
experience. Alongside Eagle Eye's real time loyalty and omnichannel promotions
products, PFG will also be using Eagle Eye's new AI tools to generate and
autonomously target personalised offers for its 3.5 million More Rewards
members. EagleAI, the Company's new product suite of built-for-retail
algorithms, will create significant efficiencies in the ongoing management of
PFG's promotional programme, enabling AI-powered personalisation at scale.

 

This contract further strengthens Eagle Eye's presence in North America and
demonstrates retailers' appetite for the Group's AI solution ahead of the full
launch of EagleAI in 2024.

 

Jamie Nelson, Pattison Food Group Chief Operating Officer commented,
"Delivering value for money and products that excite and delight our customers
is more important to the success of our business than ever. Our More Rewards
program plays an important role in helping us reward our customers and show
our appreciation for choosing to shop in our stores. The AIR platform's
ability to personalise marketing messages in real-time, at scale, and the
Eagle Eye team's proven ability to support some of the world's most successful
loyalty programmes, makes them the ideal partner to take us on the next stage
of our engagement journey."

 

Tim Mason, CEO of Eagle Eye, commented: "We're delighted to be working with
PFG to support the transformation of its highly successful digital loyalty
programme. We continue to strengthen our presence in North America, a rapidly
growing digital promotions market and, with the addition of EagleAI to our
best-in-class enterprise grade AIR platform, have a supercharged offering to
take to this significant market."

 

 

 For further information, please contact:

 Eagle Eye                                                     Tel: 0844 824 3686

 Tim Mason, Chief Executive Officer

 Lucy Sharman-Munday, Chief Financial Officer

 Investec (Nominated Advisor and Joint Broker)                 Tel: 020 7597 5970

 Corporate Broking: David Anderson / Nick Prowting

 Shore Capital (Joint Broker)                                  Tel: 020 7408 4090

 Corporate Finance: Daniel Bush / David Coaten / Lucy Bowden

 Corporate Broking: Henry Willcocks

 Alma Strategic Communications                                 Tel: 020 3405 0205

 Caroline Forde / Hannah Campbell / Kinvara Verdon

 

About Eagle Eye

 

Eagle Eye is a leading SaaS technology company enabling retail, travel and
hospitality brands to earn the loyalty of their end customers by powering
their real-time, omnichannel and personalised consumer marketing activities.

 

Eagle Eye AIR is a cloud-based platform, which provides the most flexible and
scalable loyalty and promotions capability in the world. More than 750 million
personalised offers are executed via the platform every week, and it currently
hosts over 200 million individual loyalty members for businesses all over the
world. We are trusted to deliver a secure service at hundreds of thousands of
physical POS destinations worldwide, enabling the real-time issuance and
redemption of promotional coupons, loyalty offers, gift cards, subscription
benefits and more.

 

The Eagle Eye AIR platform is currently powering loyalty and customer
engagement solutions for enterprise businesses all over the world, including
Asda, Tesco, Morrisons, Waitrose and John Lewis & Partners, JD Sports,
Pret a Manger, Loblaws, Southeastern Grocers, Giant Eagle and the Woolworths
Group.

 

In January 2023, the Group acquired France-based Untie Nots, an AI-powered
personalised promotions business, adding Carrefour, E. Leclerc, Auchan and
other leading brands to its European customer base.

 

For more information, please visit www.eagleeye.com
(https://url.avanan.click/v2/___http:/www.eagleeye.com___.YXAxZTpzaG9yZWNhcDphOm86ZTE4MjYwMzIwOWNiOGFhYTZiODE4N2NjNzhlMDJmMTA6Njo5NWYyOjU2ZmZmOTVjMWNkNWMxZDU0M2JhZWQzZDZkMzdjZDUwOTk5MTBlZTBjMTMyMWJkYWVlMjJiN2I5MzliNzcxNDU6cDpG)

 

About Pattison Food Group

 

Established in 2021, the Pattison Food Group is a Jim Pattison business and
Western Canada's leading provider of food and drugs. The Pattison Food Group
includes Save-On-Foods, Buy-Low Foods, Quality Foods, Everything Wine, Pure
Integrative Pharmacy, Imperial Distributors Canada Inc., and other Jim
Pattison Group specialty and wholesale operations. Its businesses employ more
than 30,000 team members in its nearly 300 food and drug retail locations and
share a passion for giving back to the communities where they do business.
Pattison Food Group businesses are leaders in customer service and innovation
and are committed to achieving long-term growth.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAUPUCUGUPCGMA