RCS - Microlise Group PLC - Contract Wins

MicroliseAnnouncement

18/09/2023 07:00

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RNS Number : 6882M  Microlise Group PLC  18 September 2023

18 September 2023

 

MICROLISE GROUP PLC

("Microlise", the "Company" or the "Group")

 

Microlise Secures Major Contracts with Two of Australia's Leading Grocery
Retailers

Group making strong progress toward its strategic goal of international
expansion

 

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport
technology solutions to fleet operators, is pleased to announce the signing of
significant contracts with two of Australia's largest grocery retailers.

 

Microlise has signed a seven-figure contract over a five-year period with a
new Australian grocery retail customer, further cementing Microlise's growing
and substantial presence in the market. The customer will use a range of
Microlise products including, Fleet Performance, Journey Management, Digital
Video Recorder and 4-Way ClearVision Cameras, and the newly released product,
AI driver distraction cameras.

 

In addition, Microlise has expanded its engagement with another leading
Australian grocery retailer, worth an incremental £0.85 million with a
five-year renewal. The customer will also now benefit from the use of the
Group's hosting, support, and third-party integration with Journey Management.

 

These two significant contracts demonstrate strong progress in Microlise's
strategy of enlarging its geographical footprint. It also demonstrates the
attraction of the Company's expanded product offering and reflects the
continued focus by fleet operators globally on achieving safer operations,
enhanced efficiencies, reduced costs, and improved sustainability.

 

Nadeem Raza, CEO, Microlise, said: "We are delighted to secure these contracts
with two of Australia's largest grocery retailers. They are also of strategic
importance, highlighting our growing presence in markets beyond the UK while
helping to validate and endorse our expanding range of SaaS solutions across
multiple target geographies.

 

"We are greatly excited, therefore, about further potential opportunities in
international markets and look forward to updating the market in due course."

 

For further information, please contact:

 

 Microlise Group plc                                                           C/O SEC Newgate

 Nadeem Raza, CEO

 Nick Wightman, CFO

 Singer Capital Markets (Nominated Adviser & Broker)                           Tel: 020 7496 3000

 Steve Pearce / James Moat / Harry Gooden

 SEC Newgate (Financial PR)                                                    Tel: 020 3757 6880

 Bob Huxford / Molly Gretton / Harry Handyside                                 Email: microlise@secnewgate.co.uk (mailto:microlise@secnewgate.co.uk)

 

 

 

 

About Microlise

Established in 1982, Microlise Group Plc is a leading SaaS provider of
Transport and fleet management solutions. Its technology is designed to help
businesses improve efficiency, reduce emissions, lower costs, and increase
safety on the road.

With a range of products and services used by more than 400 enterprise clients
globally, Microlise helps companies of all shapes and sizes - across a wide
range of industries - to better manage their entire operation.

Backed by a team of experienced professionals who provide excellent customer
service, the Group has won a number of awards, including three Queens Awards
for International Trade (2018) and Innovation (2019, 2020).

Headquartered in the United Kingdom, the company also has offices in France,
Australia, and India with a global staff base of more than 670 industry
professionals.

Handling over 599,000 subscriptions annually, Microlise joined the Alternative
Investment Market (AIM) in 2021, qualifying for the London Stock Exchange's
Green Economy Mark.

 

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