18th Jul 2006 07:01
Motivcom PLC18 July 2006 Motivcom plc ("Motivcom") Motivcom launches two new products Motivcom's P&MM has launched two new products. The Spree Card for the incentiveand reward market, and Childcare-Plus for the flexible and voluntary benefitsmarket. The Spree Card is the first prepaid reward debit card to be up and running inthe UK using the Visa Prepaid platform and has already signed its first client.British Gas has personalised the Spree Card as part of a strategic internalrewards programme. The Spree Card concept, which was designed by P&MM for incentive rewards, bonusand commission payments, enables users the freedom to spend their reward creditat any Visa card-accepting merchant and provides positive brand reinforcementevery time the card is used. John Sylvester, Executive Director and head of the Motivation & Incentivesdivision at P&MM commented: "By looking at the trend in the US we expect to see75% of traditional incentive UK voucher business, worth an estimated £850m,switching to plastic in the next five years. P&MM is now well positioned tomaximise this opportunity. In addition to employee rewards we envisage that thecard will be used much more widely as a promotional mechanism in the nearfuture." Childcare-Plus launched this week by P&MM's Employee Benefits division is arange of childcare vouchers, and expands its range of flexible and voluntarybenefits. Nottingham City Council are the first customer to have signed up forChildcare Plus and a number of other opportunities are under development. The vouchers, which are available either as a stand-alone product or as part ofa wider benefits package, are delivered as e-vouchers and are available onlinein both PC and Mac versions. David Lebond, Executive Director at P&MM and head of the Employee Benefitsdivision commented: "The biggest advantage for parents using P&MM's childcarevouchers is that they are not confined to using just one specific nursery chainas this often causes a great deal of confusion. Childcare-Plus vouchers areredeemable at any registered or approved childcare provider, allowing parents tochoose the nursery, day-care centre or creche that is most convenient to them." 18 July 2006ENDS For further information, please contact: Motivcom plcSue Hocken, Finance Director: 01908 352007 Editor's Notes: Motivcom's P&MM has three operational divisions: - motivation and incentiveprogrammes - incentive travel, conference and event management - sales promotionand HR benefits products. Clients in motivation and incentive programmes includeBritish Gas, Volvo and Hewlett Packard; in incentive travel, Norwich Union,Scottish Widows and Toshiba; in conference and event management, Land Rover,Daimler Chrysler and Toyota; in sales promotion, UCI; and in employee benefits,Southern Water, Rugeley Power, Propencity, Nottingham City Council. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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