REG - Eagle Eye Solutions - Five-year contract win with Morrisons

Eagle Eye SolutionsAnnouncement

03/07/2023 07:00

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RNS Number : 6516E  Eagle Eye Solutions Group PLC  03 July 2023

 

03 July 2023

 

Eagle Eye Solutions Group plc

 

("Eagle Eye", the "Group", or the "Company")

 

Eagle Eye wins five-year contract with Morrisons for loyalty and promotion
services

 

New contract with a leading UK supermarket underlines Eagle Eye's position as
a leader in digital engagement for tier-1 retail

 

Eagle Eye, a leading SaaS technology company, powering real-time, omnichannel
and personalised consumer marketing activities, has secured a five-year
contract with Morrisons Supermarket Ltd, one of the largest supermarket chains
in the UK, to further develop its loyalty and promotional offering.

 

Eagle Eye's AIR platform will enhance Morrisons loyalty programme, which
allows customers to benefit from exclusive prices and earn points on selected
products in store, online and on fuel. The new offering will create more ways
of engaging with customers, and help the supermarket scale the number of
broadcast and targeted offers available, giving customers more reasons to shop
at Morrisons.

 

The scheme will be rolled out to all 499 stores nationwide and is expected to
go live later in 2023.

 

The delivery of an enhanced digital loyalty and promotion solution will enable
Morrisons to continue to innovate its in-store and online customer experience
to drive incremental sales and to become more personalised, at scale.

 

Eagle Eye will provide an update on trading for the year ended 30 June 2023 in
mid-July.

 

Rachel Eyre, Morrisons Chief Customer & Marketing Officer said: "This has
been a transformational year for our More Card loyalty scheme, and we are very
pleased to be working with Eagle Eye, who are an acknowledged leader in this
field, as we implement our plans to develop the scheme still further for our
customers."

 

Tim Mason, CEO of Eagle Eye, said: "We are excited to have won this multi-year
contract with Morrisons, one of the UK's leading supermarkets, and look
forward to supporting their commitment to helping customers make every penny
go further, saving them money on the everyday items they want and need. We are
proud that our platform is supporting the exciting pace of innovation taking
place across the retail sector, at a time when providing value for consumers
has never been more important."

 

 

Enquiries:

 

 Eagle Eye Solutions Group plc                                        Tel: 0844 824 3686
 Tim Mason, Chief Executive Officer
 Lucy Sharman-Munday, Chief Financial Officer

 Investec Bank plc (Nominated Adviser & Joint Broker)                 Tel: +44 20 7597 5970
 Corporate Broking & PLC Advisory: David Anderson, Nick Prowting

 Shore Capital (Joint Broker)                                         Tel: +44 20 7408 4090
 Corporate Advisory: Daniel Bush, David Coaten, Lucy Bowden

 Corporate Broking: Henry Willcocks

 Alma PR (Financial PR)                                               Tel: +44 20 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 100 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 Manager, 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.

 

Web -   www.eagleeye.com (http://www.eagleeye.com/)

 

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