Microlise Group PLC Contract Wins
18 Settembre 2023 - 8:00AM
RNS Non-Regulatory
TIDMSAAS
Microlise Group PLC
18 September 2023
18 September 2023
MICROLISE GROUP PLC
("Microlise", the "Company" or the "Group")
Microlise Secures Major Contracts with Two of Australia's
Leading Grocery Retailers
Group making strong progress toward its strategic goal of
international expansion
Microlise Group plc (AIM: SAAS), a leading provider of SaaS
based transport technology solutions to fleet operators, is pleased
to announce the signing of significant contracts with two of
Australia's largest grocery retailers.
Microlise has signed a seven-figure contract over a five-year
period with a new Australian grocery retail customer, further
cementing Microlise's growing and substantial presence in the
market. The customer will use a range of Microlise products
including, Fleet Performance, Journey Management, Digital Video
Recorder and 4-Way ClearVision Cameras, and the newly released
product, AI driver distraction cameras.
In addition, Microlise has expanded its engagement with another
leading Australian grocery retailer, worth an incremental GBP0.85
million with a five-year renewal. The customer will also now
benefit from the use of the Group's hosting, support, and
third-party integration with Journey Management.
These two significant contracts demonstrate strong progress in
Microlise's strategy of enlarging its geographical footprint. It
also demonstrates the attraction of the Company's expanded product
offering and reflects the continued focus by fleet operators
globally on achieving safer operations, enhanced efficiencies,
reduced costs, and improved sustainability.
Nadeem Raza, CEO, Microlise, said : "We are delighted to secure
these contracts with two of Australia's largest grocery retailers.
They are also of strategic importance, highlighting our growing
presence in markets beyond the UK while helping to validate and
endorse our expanding range of SaaS solutions across multiple
target geographies.
"We are greatly excited, therefore, about further potential
opportunities in international markets and look forward to updating
the market in due course."
For further information, please contact:
Microlise Group plc C/O SEC Newgate
Nadeem Raza, CEO
Nick Wightman, CFO
Singer Capital Markets (Nominated Tel: 020 7496 3000
Adviser & Broker)
Steve Pearce / James Moat / Harry Gooden
SEC Newgate (Financial PR) Tel: 020 3757 6880
Bob Huxford / Molly Gretton / Harry Email: microlise@secnewgate.co.uk
Handyside
About Microlise
Established in 1982, Microlise Group Plc is a leading SaaS
provider of Transport and fleet management solutions. Its
technology is designed to help businesses improve efficiency,
reduce emissions, lower costs, and increase safety on the road.
With a range of products and services used by more than 400
enterprise clients globally, Microlise helps companies of all
shapes and sizes - across a wide range of industries - to better
manage their entire operation.
Backed by a team of experienced professionals who provide
excellent customer service, the Group has won a number of awards,
including three Queens Awards for International Trade (2018) and
Innovation (2019, 2020).
Headquartered in the United Kingdom, the company also has
offices in France, Australia, and India with a global staff base of
more than 670 industry professionals.
Handling over 599,000 subscriptions annually, Microlise joined
the Alternative Investment Market (AIM) in 2021, qualifying for the
London Stock Exchange's Green Economy Mark.
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END
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