TIDMDEV
RNS Number : 2383Z
Dev Clever Holdings PLC
17 September 2020
Dev Clever Holdings plc
("Dev Clever" or "the Company")
Partnership announcement
Agency Services division: three-year commercial partnership with
Low6 LTD ("Low6)
Dev Clever, a leading developer of consumer engagement
experiences, is pleased to announce that it has signed a three-year
commercial partnership with Low6 LTD ("Low6"), a leading provider
of mobile pool betting applications.
The commercial partnership enables Low6's mobile quiz based pool
betting application, 'PubWars', which has been designed for
licensed hospitality venues, to be fully integrated with Dev
Clever's Engage gamification platform and 'PubPal', the Company's
mobile, contactless ordering and payment service.
The fully integrated solution, which will include all three
applications, will provide hospitality venues with greater value
and digital consumer engagement through a complete loyalty,
incentive management, mobile ordering and gamification platform.
The complete solution can be managed from a single operating
system, ultimately enabling brands to more effectively implement
purchase-driven promotions at their sites and venues.
Dev Clever's Engage platform currently manages consumer
incentives in over 2,500 venues across the UK, as well as
facilitating brand-led activations across many more. Low6 is in the
final stages of implementing its 'PubWars' application, in
partnership with SKY, across 1,300 new venues in the UK.
Dev Clever believes that the joint offering will add significant
value to brands and their customers and will provide a compelling
service proposition to rollout to hospitality operators, including
pub estates.
Both 'PubPal' and 'PubWars' are offered to venues on a Software
as a Service (SaaS) model which includes a commission payable to
both Dev Clever and Low6 based on each consumer transaction. The
commercial partnership is set to be funded by a development and
integration fee of GBP115,000, paid to Dev Clever by Low6, and an
ongoing revenue share from consumer transactions.
Chris Jeffries, Chief Executive Officer of Dev Clever, said:
"While our Educate division and EdTech partnerships with Lenovo
and Veative Labs remains the Company's main focus, our Engage
platform continues to gain traction and grow. This partnership with
Low6 strengthens our existing proposition and we are excited to
bring this new integrated platform to our Agency Services
clients."
Jamie Mitchell, Co-Founder of Low6, commented:
"We are delighted to be partnering with Dev Clever on the
PubWars project, which has tremendous scope to reach every pub in
the U.K. Dev Clever bring a proven track record of delivering in
this space, and we are excited to be bringing our two talented
teams together. "
-ends-
Dev Clever Holdings plc
Christopher Jeffries
Chief Executive Officer and Executive Chairman
Nicholas Ydlibi +44 (0) 330 058
Chief Financial Officer 2922
Novum Securities Limited - Financial Adviser
and Joint Broker +44 (0) 20 7399
David Coffman / Colin Rowbury 9400
Pello Capital - Joint Broker +44 (0) 203 700
Daniel Gee 2534
Buchanan Communications +44 (0) 207 466
Richard Oldworth / Chris Lane 5105
Notes to Editors
Dev Clever Holdings plc, together with its wholly owned
subsidiary DevClever Limited, is a software and technology group
based in Tamworth, United Kingdom, specialising in the use of
lightweight integrations of cloud-based VR and gamification
technologies to deliver rich customer engagement experiences across
both the education and commercial sectors. In January 2019, Dev
Clever listed on the Standard List of the London Stock Exchange.
The Group's core focus is the development and commercialisation of
its core platforms:
Educate Division:
Careers guidance and recruitment solution that offers secondary
schools, colleges, universities, apprenticeship providers and
employers with a range of digital products to more efficiently
recruit and develop applicants and skills within their institutions
and organisations.
Agency Services:
The Company's agency services division provides customers from
the retail, brand and hospitality sectors with bespoke application
and customisation of the Group's proprietary cloud-based products
in order to increase consumer engagement, transactional
efficiencies and enhance customer experience within their venues,
our products include:
Engage: a proprietary cloud-based gamification solution that
offers brands and retailers a range of products to drive higher
levels of consumer engagement via the use of digitally redeemable
incentives at the same time as fully controlling spend.
PubPal: a proprietary, cloud based mobile, contactless ordering
and payment product developed to support the independent
hospitality sector. Offered as a Software-as-a-Service ("SaaS")
platform, PubPal is a stand-alone product that provides venue
operators with a light touch mobile ordering system that doesn't
require customers to download a mobile app. PubPal is an easy to
implement solution that requires no upfront cost or the need for
operators to have compatible Electronic Point of Sale software.
Experience: a multi-user virtual reality (VR) framework and
augmented reality framework that enables customers of our Engage
and Educate channels to extend their customer and student
experiences through VR.
For further information, please visit
www.devcleverholdingsplc.com
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