Imaginatik PLC Contract Wins
10 December 2012 - 6:00PM
RNS Non-Regulatory
TIDMIMTK
Imaginatik PLC
10 December 2012
10 December2012
RNS Reach
Imaginatik Plc
("Imaginatik" or the "Company")
Contract Wins
Imaginatik plc (AIM: IMTK.L), the world's first full service
innovation provider offering a range of technology products and
consultancy, is pleased to announce that it has signed a new,
three-year contract to provide software and consultancy to the
Research and Engineering division of one of the world's largest
publicly traded multinational oil and gas companies.
Under the terms of the contract, Imaginatik will assist the
customer in stimulating employee engagement on a range of
challenges. This will be delivered through the provision of
Imaginatik's innovation software platform, Innovation Central,
supported by a significant element of consultancy to ensure high
levels of engagement from the 1,000 employees involved in the
challenges and crucially that a culture for ongoing innovation
becomes embedded in the organisation.
Imaginatik has also signed up two additional customers on a
pilot project basis. These are a U.S.-based aerospace manufacturer
with global service operations, the project for which will begin in
2013, and a well known UK building society, demonstrating further
traction in the European markets. The European project will run
through to January 2013 and Imaginatik expects to convert this to
an annual contract following the project's completion.
Matt Cooper, Executive Chairman of Imaginatik, commented: "We
are pleased to add three further blue-chip businesses to our
growing customer base. This helps to validate our position as the
innovation partner of choice in the market, and is, we believe, a
result of our unique 'full service' offering. We believe we are now
entering an 'Age of Innovation', a time in the world of business
when due to globalisation, the exponential growth in data, and the
speed at which products can now be developed and launched,
innovation is now a required competence for survival."
For further information please contact:
Imaginatik plc Tel: 020 7917
2975
Matt Cooper, Executive Chairman / Shawn
Taylor, CFO
Northland Capital Partners Limited Tel: 020 7796
8800
Edward Hutton / Tim Metcalfe
Newgate Threadneedle Tel: 020 7653
9850
Caroline Evans-Jones / Hilary Millar
About Imaginatik
Imaginatik provides a range of Innovation solutions comprised of
consultancy, enterprise software and program management to deliver
innovation results to companies such as The World Bank, The Chubb
Group of Insurance Companies, Boeing, Pfizer, Goodyear, Paccar,
Kellogg and Cargill. Few companies possess the internal capability
to consistently generate fresh ideas, identify those worth pursuing
and reliably transform them into real, value-enhancing assets.
Imaginatik's mission is to help these companies build sustainable
innovation competencies.
Imaginatik is a public company whose shares are traded on the
AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World
Economic Forum Technology Pioneer with offices in Boston, MA, and
Winchester, UK. For more information visit www.imaginatik.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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