31st Mar 2015 07:13
LONDON (Alliance News) - Payment products company Eckoh PLC on Tuesday said it has signed a number of new contracts for its secure payments services and said its sales pipeline in the US looks robust.
The company said it performed particularly well in the final quarter of its financial year to the end of March, with six new multi-year deals won in the insurance, retail, leisure and public sectgors, along with contract extensions from two utility companies.
Eckoh did not name any of the customers on the contracts, nor any financial details on the deals.
It added it is making progress in the US, having recently secured a contract with a healthcare provider in the Southern Indiana, South-Eastern Illinois and Western Kentucky regions for the CallGuard on-site product. It added its US sales pipeline continues to grow.
"Momentum for our secure payment solutions continues to build in both the UK and the US, with our sales pipelines in both markets remaining at an excellent level and positioning us strongly for further growth into the new financial year," said Eckoh Chief Executive Nik Philpot.
Shares in Eckoh were up 3.3% to 39.00 pence on Tuesday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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