Catenae Innovation Plc: Agreement Signed
25 Gennaio 2019 - 8:00AM
UK Regulatory
TIDMCTEA
CATENAE INNOVATION PLC
("Catenae" or the "Company")
Agreement Signed
Catenae (AIM:CTEA), the AIM quoted provider of digital media and
technology announces it has signed its first agreement for OnSide within
Premiership Rugby. It has entered into a proof of concept agreement
with Harlequins Foundation ("Harlequins") the independent charity
created by Harlequins Rugby Club.
OnSide is a centralised management tool specifically developed for
sports organisations. It deals with all the key elements of community
coaching from scheduling of staff and timesheet processing through to
attendee management and reporting in a GDPR compliant platform. The
proof of concept will also review interaction between OnSide and Upshot,
a synergeous performance management software solution developed by the
Football Foundation.
It is anticipated that, on successful completion of the proof of concept,
Harlequins will convert the programme to a commercial agreement. A
further announcement will be made in due course.
Tony Sanders, CEO stated
"We see this as a significant step for the OnSide product, which has
traditionally been used in Football. This agreement is the first step in
bringing OnSide into the Rugby arena and we are especially pleased to be
working with an organisation of Harlequins standing and reputation. With
ongoing conversations in progress with other rugby clubs we hope to
announce further agreements in this area in the near future. Another
important element of this agreement is the opportunity to work with
Upshot, whose product is widely used across many sports, with the
combined functionality of the two products providing a compelling
solution for all sports clubs, potentially opening up additional markets
for the solution."
This announcement contains inside information for the purposes of
Article 7 of EU Regulation 596/2014. The person who arranged for release
of this announcement on behalf of the Company was Tony Sanders (Chief
Executive Officer).
For further information:
Catenae Innovation Plc Tel: 020 7929 7826
Tony Sanders
Cairn Financial Advisers LLP, Nominated Adviser Tel: 020 7213 0880
Liam Murray / Jo Turner
Alexander David Securities Limited, Broker Tel: 020 7448 9820
David Scott / James Dewhurst
(END) Dow Jones Newswires
January 25, 2019 02:00 ET (07:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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