TIDMEYE
Eagle Eye Solutions Group PLC
18 May 2023
RNS Reach
18 May 2023
Eagle Eye Solutions Group plc
("Eagle Eye", the "Group", or the "Company")
Untie Nots secures first contract win in Singapore
Contract with Singapore's largest supermarket chain demonstrates
benefit of Group's international marketing reach
Eagle Eye, a leading SaaS technology company that creates
digital connections enabling personalised, real-time marketing
through coupons, loyalty, apps, subscriptions and gift services, is
pleased to announce that Untie Nots, the personalised promotions
business acquired by Eagle Eye in January 2023, has secured a
multi-year contract with NTUC FairPrice Co-Operative Ltd
(FairPrice), a subsidiary of the FairPrice Group (FPG), Singapore's
largest retailer. FairPrice has selected Untie Nots to deliver
loyalty challenges within its existing Linkpoints loyalty
programme. Introduced via Eagle Eye, this is the first win for the
Group in Singapore, demonstrating the benefit to Untie Nots of
Eagle Eye's international marketing reach, and the speed of the
sales cycle for the Untie Nots offering.
The Untie Nots Challenges platform will enable FPG to offer its
customers highly personalised, gamified promotions at scale and to
expand its digital customer base. Currently, more than one million
users open the FPG app every month, and the FPG app has recorded a
100 per cent year-on-year growth in its digitally connected
customers since the first quarter of 2022. The multi-year contract
covers FPG's entire digital ecosystem of grocery, convenience, and
food courts across Singapore, totalling over 2,000 touchpoints
across individual food stalls across more than 70 food courts,
supermarkets, pharmacies, and convenience stores. FPG customers
will be able to benefit from hyper personalised offers from early
Q3 2023.
This new contract is testimony to the benefit of Eagle Eye's
investment into international expansion and the initial marketing
activities being carried out with Untie Nots, which are building a
promising international sales pipeline.
Tim Mason, CEO of Eagle Eye, said : "We are delighted to have
facilitated Untie Nots' entry into the Singapore market, just a few
months' post the acquisition, confirming our view that Untie Nots'
AI-powered challenges solution will resonate with retailers
globally. With a growing pipeline, we are focused on unlocking
further opportunities alongside the Untie Nots team, supporting
retailers in accelerating their digital promotions activities to
retain and grow their customer bases."
Zyed Jamoussi & Cédric Chéreau, Untie Nots' Group Managing
Directors commented: "We're excited to celebrate our partnership
with Eagle Eye through our contract with FairPrice Group. It
evidences the increased recognition of our solutions and the new
opportunities available to Untie Nots by leveraging Eagle Eye's
international presence."
Enquiries:
Eagle Eye Solutions Group plc Tel: 0844 824
3686
Tim Mason, Chief Executive Officer
Lucy Sharman-Munday, Chief Financial Officer
Investec Bank plc (Nominated Adviser & Joint Tel: +44 20
Broker) 7597 5970
Corporate Broking & PLC Advisory: David Anderson,
Nick Prowting
Shore Capital (Joint Broker) Tel: +44 20
7408 4090
Corporate Advisory: Daniel Bush, David Coaten,
Lucy Bowden
Corporate Broking: Henry Willcocks
Alma PR (Financial PR) Tel: +44 20
3405 0205
Caroline Forde, Hannah Campbell, Kinvara Verdon
About Eagle Eye
Eagle Eye is a leading SaaS technology company transforming
marketing by creating digital connections that enable personalised
performance marketing in real time through coupons, loyalty, apps,
subscriptions and gift services.
Eagle Eye AIR enables the secure issuance and redemption of
digital offers and rewards at scale, across multiple channels,
enabling a single customer view. The Group creates a network
between merchants, brands and audiences to enable customer
acquisition, interaction and retention at lower cost whilst driving
marketing innovation.
The Company's current customer base comprises leading names in
UK Grocery, Retail, Leisure and Food & Beverage sectors,
including Asda, Sainsbury's, Tesco, Waitrose and John Lewis &
Partners, Virgin Red, JD Sports, Pret A Manger, Greggs, Mitchells
& Butlers, PizzaExpress; in North America, Loblaws, Shoppers
Drug Mart, Southeastern Grocers and Staples US Retail and in
Australia & New Zealand, Woolworths Group and The Warehouse
Group. In January 2023, the Group acquired France based Untie Nots,
a personalised promotions business, adding Carrefour, E. Leclerc,
Auchan and other leading brands to its European customer base.
Web - www.eagleeye.com
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRASFIFMWEDSEFI
(END) Dow Jones Newswires
May 18, 2023 02:00 ET (06:00 GMT)
Eagle Eye Solutions (LSE:EYE)
Historical Stock Chart
From Apr 2024 to May 2024
Eagle Eye Solutions (LSE:EYE)
Historical Stock Chart
From May 2023 to May 2024