TIDMPTRO

RNS Number : 9198N

Pelatro PLC

05 October 2021

05 October 2021

Pelatro Plc

("Pelatro" or the "Group")

Contract Win

Pelatro Plc (AIM: PTRO), the telecom Customer Engagement Hub software specialist, is pleased to announce a new contract. Our mViva platform has been chosen by a small southern European telco, which is part of a large European telecom group, for campaign management operations. The contract is largely recurring in nature and is expected to contribute about $600,000 in revenue over three years.

Commenting on the win, Subash Menon, Managing Director and CEO said "We are delighted to sign up this new customer in Europe. This should further strengthen our activities and presence in Europe, paving the way for more contracts in the region".

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 / Cameron MacRitchie (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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