1st Aug 2014 10:38
LONDON (Alliance News) - Cloud software and communications company Synety Group PLC said Friday that it had won a contract with US-based A-Affordable Insurance Agency Inc.
A-Affordable is a personal lines insurance agency, specialising in auto and home insurance. Under the contract, Synety will provide its CloudCall Contact Centre product to A-Affordable's team for a year one value of around USD70,000, and ongoing revenue of around USD50,000 per year.
The contract is for a minimum one-year term, and will continue on a 12-month rolling basis.
"Whilst we have already signed up a number of customers, this is a sizable early contract win for us in the US," said Executive Chairman Simon Cleaver in a statement.
Synety's shares were up 1.5% at 235.00 pence Friday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
SNTY.L