26th Aug 2015 07:18
LONDON (Alliance News) - Kalibrate Technologies PLC on Wednesday said it has secured a software-as-a-service contract with retailer Wm Morrison Supermarkets PLC.
Kalibrate, which provides technology services for the fuel industry, said it has won a deal to support Morrisons Petrol Pricing using its SaaS platform, which will provide the retailer with a fully-automated petrol pricing system.
No financial details on the contract were disclosed.
"With the UK being one of the most competitive retail petroleum markets in the world, it is imperative that retailers have fully automated pricing solutions to generate optimal prices to the consumer and meet the changing demands of the market on a timely basis. This contract win is testament to the continued strong demand that we see for our SaaS-based solutions," said Bob Stein, Kalibrate's chief executive.
Shares in Kalibrate were untraded early Wednesday, having last traded at 102.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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