Pelatro PLC Contract Wins Improve Visibility for 2021 (2420S)
16 March 2021 - 6:00PM
UK Regulatory
TIDMPTRO
RNS Number : 2420S
Pelatro PLC
16 March 2021
16 March 2021
Pelatro Plc
("Pelatro" or the "Group")
Contract Wins Improve Visibility for 2021
Pelatro Plc (AIM: PTRO), the telecom Customer Engagement Hub
software specialist, is pleased to announce that it has won several
purchase orders for change requests, adding up to approximately
$400,000, that will be delivered in 2021. With these, the total
value of contracts in hand representing 2021 revenue is about $6
million.
Commenting on this increase, Subash Menon, Managing Director and
CEO said, "The continued growth in contracts augurs well for 2021
and beyond. Given that we have already secured contracts to deliver
$6 million of revenue for 2021 within the first quarter of the
year, we have every confidence of our business roll-out and meeting
our financial expectations for this year."
For further information contact:
Pelatro Plc
Subash Menon, Managing Director c/o Cenkos
Nic Hellyer, Finance Director
Cenkos Securities plc (Nominated Adviser
and Broker) +44 (0)20 7397 8900
Stephen Keys / Mark Connelly (Corporate
Finance)
Michael Johnson (Sales)
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
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END
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