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$500k Project

23rd Sep 2013 07:01

RNS Number : 6044O
blur (Group) plc
23 September 2013
 



 

23rd September 2013

blur (Group) Plc

("blur Group" or the "Company")

 

s-commerce firm blur Group confirms new project with a contract value of $500,000

 

A US media company has chosen blur Group as its primary marketing services platform for the 2013-2014 season, with a project valued at $500,000.

 

Philip Letts, blur Group CEO commented, 'This is a great example of blur Group's international reach. It is pleasing to see a flow of high value projects so soon after blur Group increased the size of projects that can be entered on the Exchange to $5 million.'

 

-ENDS-

 

 

 

For further information please contact:

 

blur (Group) plc

investors.blurgroup.com

Lucy Davies - Head of PR

Tel: +44 20 3176 0548

 

 

N+1 Singer

 

Shaun Dobson / Matt Thomas

Tel: +44 20 7496 3000

 

 

Newgate Threadneedle

 

Caroline Evans-Jones/ Josh Royston/ Hilary Millar

Tel: +44 20 7653 9850

 

About blur (Group) plc at blurgroup.com

 

blur Group is a technology company reinventing how businesses do commerce at blurgroup.com. Its Global Services Exchange delivers services differently: a new way to buy, manage and pay for core services. Approaching 35,000 businesses in 141 countries have adopted this s-commerce platform and changed the way they work.

 

blur Group (BLUR) is a public company headquartered in the UK with offices in the US and Europe. It is listed on the London Stock Exchange's AIM market. blur was founded in January 2006 and launched in alpha in 2007 with the full, formal launch of the Global Services Exchange in January 2010. At that time, just over three projects per month were submitted. Now, nearly 200 projects start on the exchange each month. Customers include Danone, Broadridge, Coral, Exceed, HCA, Momentive, Red Commerce, the Financial Times, Berlitz, Butlins, GE Healthcare and Tyco. Over the same time, average project value has grown from approximately $1,500 in 2010 to $22,943 in Q2 2013.

 

Today, over 2,500 projects have been submitted with a combined value of above $42.0 million. These have come from the US, UK, Europe, Africa and Asia with over 30,000 expert service providers on eight exchanges responding to them.

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTEAKNAALEDEFF

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