14th Jan 2020 10:37
(Alliance News) - D4T4 Solutions PLC shares were higher on Tuesday after the computer support firm secured four new contract wins.
D4T4 was 8.1% higher on AIM in London in mid-morning trade on Tuesday at 221.51 pence each.
The company said the contract wins were made in its "key" Celebrus data collection software, which saw a new product launch in 2019.
"These wins evidence strong trading in the final months of the financial year and bear out the board's confidence at the interim stage in D4T4's significant pipeline of new business opportunities with new and existing clients alike," D4T4 said.
Included in the new contracts is a multi-year contract for its Celebrus data collection software with an unnamed "major" UK high street bank. Also, an unnamed "major" US bank has extended its Celebrus software contract.
Celebrus has signed a data collection contract with an unnamed "major" US financial services firm.
Finally, the unit signed a "significant" multi-year capacity extension and country expansion contract with a unnamed "major" European financial services firm.
Chief Executive Peter Kear said: "We are delighted with these contract successes which provide valuable underpinning to both current year and future earnings potential for D4T4, being based on consumption as well as perpetual licence models, and a pleasing endorsement of version 9.0 of the Celebrus product we launched last year. We look forward to providing further updates as the year progresses."
By Paul McGowan; [email protected]
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