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RCS - Pelatro PLC - Contract Win

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RNS Number : 2726N  Pelatro PLC  31 May 2022

 

 

REACH

 

31 May 2022

Pelatro Plc

 

("Pelatro" or the "Group")

 

Contract Win

 

 

Pelatro Plc (AIM: PTRO), the telecom Customer Engagement Hub software
specialist, is pleased to announce that it has been selected by an African
telco to provide its mViva Campaign Management Solution. The initial value of
the license contract is around $0.3 million.

 

Commenting on this win, Subash Menon, Managing Director and CEO said, "This
win has helped us penetrate the growing African market further. This is our
first new customer in 2022 and we are confident of adding several more in the
year."

 

For further information contact:

 

 Pelatro Plc
 Subash Menon, Managing Director                                 c/o finnCap
 Nic Hellyer, Chief Financial Officer

 finnCap Limited (Nominated Adviser and broker to Pelatro)       +44 (0)20 7220 0500
 Carl Holmes/Kate Bannatyne/Milesh Hindocha (Corporate Finance)

 

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
(http://www.pelatro.com)

 

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