Crimson Tide PLC International Expansion Update (4310G)
30 May 2017 - 4:01PM
UK Regulatory
TIDMTIDE
RNS Number : 4310G
Crimson Tide PLC
30 May 2017
Crimson Tide PLC
("Crimson Tide" or the "Company")
International Expansion Update
Crimson Tide (TIDE), the AIM--quoted provider of mpro5 -- Smart
Mobility as a Service, is pleased to update the market on progress
with its international expansion strategy, which it has previously
indicated will drive further growth opportunities. Strategic
partnerships with tactical investments are being made in new
geographies, complementing the organic growth being delivered in
the UK.
Particular areas of progress are as follows:
-- Ireland - first phase contract secured with one of the
largest state-sponsored companies in Ireland. The initial agreement
is for approximately 200 subscribers who will be using mpro5 for
remote working. This transaction has been closed with the Company's
partner, Vodafone. To support the ongoing growth in Ireland, Wesley
Dunn has been promoted to a full time role in Business Support.
-- United States - Dagen Wilhelm has been appointed as
International Healthcare Consultant. Ms. Wilhelm, based in the
Washington D.C. area, will focus on business development for mpro5
with specific emphasis on the Company's healthcare offering. Dagen
will be the key contact for our participation in the CARIN
Allliance, which focuses on delivering solid pharmacovigilance and
digitalised healthcare. The CARIN Alliance is a bipartisan,
multi-sector collaborative, working to advance consumer-directed
exchange of health information. Further to this, Crimson Tide is
also in the process of establishing membership of RX360 - an
international Pharmaceutical Supply chain consortium.
-- Netherlands - Following the recruitment of Erik-Jan Smulder,
a seasoned sales professional previously with BlackBerry, the
Company has signed an important pilot project with one of the
world's leading Facilities Management companies, based in The
Netherlands, which is looking to combine mpro5's smart mobility
with Internet of Things ("IoT") enabled functionality. The pilot
has commenced and the Company is hopeful that this will lead to a
long term commercial agreement in the near future.
-- Denmark - The Company has secured its first contract with a
Scandanavian company with a global footprint involved in the food
processing industry. The use of mpro5 will enable staff to check
workflows as components move through the supply chain. The initial
deployment is small but expected to increase as the benefits of
mpro5 are recognised.
-- UAE - our agreement with the British Centres for Business,
("BCB") has started to produce Enterprise level opportunities to
the extent that we are pleased to announce the appointment of
Senior Consultant Brad Manser with immediate effect. Mr. Manser,
who is based in Dubai, will act as Director of Business Development
for the Middle Eastern region. Brad has a wealth of experience in
the area with previous roles as Operations Manager, Chief Operating
Officer and Managing Director for a number of companies within the
region.
-- Australia. The Company has got off to a good start with its
new partner, Mobilise IT , based in Melbourne and will be visiting
the region shortly to progress emerging opportunities.
The Company is also pleased to announce the appointment of Barry
Finnegan, an IoT strategist who will help develop our nascent
investment in IoT technologies on mpro5. IoT has considerable
benefits for intelligent and proactive data collection,
particularly regarding smart sensors from motion to temperature
& humidity, and Bluetooth devices which, we believe, represents
a significant opportunity for mpro5 and Crimson Tide.
Barrie Whipp, Executive Chairman of Crimson Tide, said: "We are
delighted with the progress that we have made with our
international sales effort in such a short space of time and which
underpins our belief that mpro5 has wide reaching appeal on a
global basis. This is just the start of our international journey
and I am confident that we will experience many more successes and
wide scale adoption in these and other geographies as our
reputation continues to grow."
For further information please contact:
Crimson Tide plc
Barrie Whipp / Steve Goodwin 01892 542 444
WH Ireland
James Joyce / James Bavister 020 7220 1666
Alma PR O77 8090 1979 /
Josh Royston / Robyn Fisher 075 4070 6191
Notes to editors
1. Founded in 1996 and quoted on AIM since 2006, Crimson Tide
plc is the provider of mpro5 -- Smart Mobility as a Service
(SMaaS). mpro5 is delivered on smartphones, tablets and PDAs, and
enables companies to transform their businesses and strengthen
their workforces.
2. Crimson Tide offers a global service, working with some of
the world's leading companies, tailoring mpro5 to suit customer
needs. Developed over 10 years by its world--class team, mpro5 is
the smart choice for organisations large and small that want to
improve productivity and save money.
3. mpro5 is a platform--agnostic mobility suite fully hosted on
Microsoft Azure, so customers are quickly up and running and the
service is scalable and robust. It is provided on subscription, so
clients can immediately see a return on their investment.
4. mpro5 not only helps people improve their day--to--day
working methods while saving employers money, it also saves lives,
by enabling haemophilia patients to verify the safety of their
medication before use. mpro5 clients come from a diverse range of
industries allowing the Company to listen, share and find the best
solution for all mobility needs.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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