TIDMIMTK

RNS Number : 7639I

Imaginatik PLC

30 March 2015

30 March 2015

Imaginatik Plc

("Imaginatik" or "the Company")

Contract Extension

Imaginatik plc (AIM: IMTK.L), the world's first full service innovation provider offering a range of consultancy and technology products, is pleased to announce that it has signed a significant three year contract renewal, worth approximately GBP0.3m, with a leading US energy provider.

Under the terms of the contract renewal, Imaginatik will continue to provide its technology platform, but now across a broader part of the enterprise. Imaginatik's Innovation Central software will become a cornerstone of the customer's fast developing innovation programme. The US energy provider is an existing client for Imaginatik's consultancy services and is also engaging with Imaginatik for additional services.

Matt Cooper, Non-Executive Chairman, said: "We are delighted to announce this significant contract renewal. This is further endorsement of the quality of the innovation software and consulting provided by Imaginatik. We look forward deepening our relationship with this important customer as it looks to further build out its corporate innovation programme."

For further information please contact:

 
 Imaginatik plc                       Tel: 01329 
                                       243 243 
 Matt Cooper Non-Executive Chairman 
  Ralph Welborn, CEO 
  Shawn Taylor, CFO 
 
 finnCap Ltd                          Tel: 020 7220 
                                       0500 
 Charlotte Stranner / Victoria 
  Bates 
 
 Newgate                              Tel: 020 7653 
                                       9850 
 Adam Lloyd / Jasper Randall 
  / Ed Treadwell

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, State Farm, Exxon Mobil, Pfizer, Goodyear, the Yorkshire Building Society, Pitney Bowes 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 Fareham, 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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