REG - Pelatro PLC - Contract Wins

PelatroAnnouncement

19/04/2021 07:05

RNS Number : 8032V
  
Pelatro PLC
  
19 April 2021
  
 

19 April 2021
Pelatro Plc
 
("Pelatro" or the "Group")
 
Contract Wins
 
 
Pelatro Plc (AIM: PTRO), the telecom Customer Engagement Hub software specialist, is pleased to announce that it has secured several contracts for change requests, adding up to approximately $500,000, that will be delivered in 2021. With these, the total value of contracts in hand representing 2021 revenue is about $6.5 million.
 
Commenting on this increase, Subash Menon, Managing Director and CEO said, "The continued growth in contracts augurs well for 2021 and beyond. Given that we have already secured contracts to deliver $6.5 million of revenue for 2021 this early in the year, we have every confidence of our business roll-out and meeting our financial expectations for this year."
 
For further information contact:
 




Pelatro Plc


 




Subash Menon, Managing Director


c/o Cenkos




Nic Hellyer, Finance Director


 




 


 




Cenkos Securities plc (Nominated Adviser and Broker)


+44 (0)20 7397 8900




Stephen Keys / Mark Connelly (Corporate Finance)


 




Michael Johnson (Sales)


 




 
 
Notes to editors
 
The Pelatro Group was founded in March 2013 by Subash Menon and Sudeesh Yezhuvath with the objective of offering specialised, enterprise class software solutions for customer engagement principally to telcos who face a series of challenges including market maturity, saturation and customer churn.
 
Pelatro provides its "mViva" platform for use by customers in B2C and B2B applications, and is well positioned in the Customer Engagement space. Our technology orchestrates the digital journey of the customers of the telcos through contextual, relevant and real time offers and loyalty programs across multiple channels including websites, social media, apps and others.
 
For more information about Pelatro, visit www.pelatro.com

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