Blue chips turning to blur with increasing pace

Tuesday 21 October 2014

blur Group plc

("blur" or the "Group")

Blue chips turning to blur with increasing pace

Argos and Tesco adopt award-winning platform

blur, the international e-commerce company providing a better way for businesses to buy or sell services, is continuing to gain new business from enterprise customers as it moves into the final months of 2014.

Argos and Tesco are the latest blue chip companies to kick off services projects via the blur 4.0 platform, joining Regus, Danone, Solvay, Amazon, Sabre and Menard who are already active repeat blur platform users.

Argos's first project was for technology services as part of its ongoing digital transformation, while blur delivered its first project for Tesco, as increasingly e-commerce for services becomes a part of e-commerce vendors' buying plans.

A products innovation company has also kicked off two new development projects worth in excess of $500K, further demonstrating blur's capability for handling large value projects.

blur, which recently won the award for Best General eCommerce at the annual eCommerce awards in London, has also extended its partner program announcing a new strategic alliance with Eventbrite, the global ticketing and event fulfilment marketplace.

Stephen Harvey, Group CFO, said "There is a lot of excitement at blur right now as we see the uptake of the platform increasing with bigger blue chip companies becoming a regular occurrence. New customers, new large value projects and new partners all confirm that buying services online leads to doing business better."

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About blur Group plc at blurgroup.com

blur Group is an international e-commerce company providing a better way for business to buy or sell services. To date 50,000 businesses have used blur to buy or sell services online, including companies like Amazon, eBay, Regus, Caterpillar, Argos, Danone and GE submitting over $300m of services requirements to blur's platform.

blur Group is a public company listed on the London Stock Exchange's AIM market (BLUR) and is headquartered in the UK with regional sales offices in the US and Europe.