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Eckoh Signs New Deals In US, Updates West Corp Distribution Agreement

2nd Jun 2016 06:43

LONDON (Alliance News) - Payments company Eckoh PLC on Thursday said it has secured two new contracts in the US worth USD7.0 million and has updated its distributor deal with West Corp.

Eckoh said its US unit has signed two contracts valued at an estimated USD7.0 million over three years. The first has been secured through its US reseller partner and is for an unnamed US insurance company, while the second is for an unnamed US group's contact centres.

"We are delighted to be announcing these two major US contracts simultaneously. They clearly illustrate the excellent progress we are making in driving forward our US operation since the acquisition of PSS last November," said Nik Philpot, Eckoh's chief executive.

Meanwhile, Eckoh said it has entered a new three-year distributor deal with US telecommunications company West Corp. The pair signed a deal originally in 2014, and Eckoh said the new deal will expand its presence in the US market.

No financial details on the West Corp deal were disclosed.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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