23rd Nov 2015 08:31
LONDON (Alliance News) - Kalibrate Technologies PLC on Monday said it has signed an extension to its deal with BP PLC to provide its location planning platform to the company.
Kalibrate, which provides technology to the fuel and convenience retail industry, said the new deal covers retail network planning and intelligence technology.
No financial details on the extension were disclosed.
"I am excited at the opportunity to support BP in its business growth with retail location planning. Kalibrate's engagements with BP always focus on tough questions that must be answered on aggressive timescales. Our business-decision solutions answer those questions and help BP excel in today's global fuel marketplace," said Bob Stein, Kalibrate's chief executive.
Shares in Kalibrate were up 2.1% to 96.5198 pence on Monday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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