Escher Group logo

ESCH - Escher Group News Story

189.5p 0.0  0.0%

Last Trade - 15/11/17

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £14.1m
Position in Universe th / 1807

RCS - Escher Group Hldgs - Helps South Africa Post Office go digital

Thu 2nd June, 2016 7:00am
RNS Number : 9620Z
Escher Group Holdings PLC
02 June 2016

RNS Reach

2 June 2016

Escher Group Holdings plc

Escher's technology helps South Africa Post Office go digital

Escher Group Holdings plc (AIM: ESCH, 'Escher' or 'the Group'), a world leading provider of outsourced point-of-service software to the postal industry, announces that The South African Post Office Group ("SAPO"), one of its longstanding customers, has officially launched a digital mail system based on Escher's RiposteTrEx communications framework.A license was previously purchased by SAPO.

SAPO's eRegistered Mail means that customers can now use electronic registered mail with the legal validity of traditional physical registered mail. This will be particularly helpful for sensitive documents such as passports, identity documents and government grants.

RiposteTrEx will allow SAPO customers including citizens, Government, businesses and SME's to send eRegistered and confidential mail to secure digital mailboxes, or as registered hybrid letters. All documents will have a secure digital signature. As with paper-based registered mail, proof of delivery and a full audit trail is recorded and available to the sender.

eRegistered Mail provides recipients with a free response service,which in itself will enhance recipient response and also offers substantial cost advantages over other alternatives.

Liam Church, CEO Escher Group said:

"The South Africa Post Office's implementation of our RiposteTrEx platform for eRegistered Mail demonstrates the system's combination of security and adaptability."

Mark Barnes' Group Chief Executive Officer, SAPO said:

"Developments like this will turn the Post Office into a space where citizens do life transactions, like applying for passports, identity documents and government grants.

"The Post Office expects this product to be of particular value to various organisations and individuals who work with sensitive and important documents."

Enquiries:

Escher www.eschergroupholdings.com

+353 (0)1 254 5400

Liam Church, Chief Executive Officer

Fionnuala Higgins, MD Postal Retail

Panmure Gordon

+44 (0)20 7886 2500

Andrew Godber / Alina Vaskina, Corporate Finance

Erik Anderson, Corporate Broking

Instinctif Partners

+44 (0)20 7457 2020

Adrian Duffield / Lauren Foster

About Escher Group

Escher is a world leading provider of outsourced, point-of-service software for use in the worldwide postal, retail and financial industries. Its core software, Riposte, a Transaction Services Platform, enables our customers to expand their offerings, providing new services, reducing costs and increasing efficiency.

The Riposte Platform securely extends the retail branch network. Our technology creates new revenue opportunities, streamlines operations, and its flexibility allows it to be deployed across multiple platforms and devices, giving the ultimate freedom of choice when it comes to channel and hardware selection.

Our focus is to ensure the success of our customers by delivering the very best in innovative technology for their business.


This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAEAXKFEFEKEFF
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.