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New Agreement with Major Online Travel Company

18th Jun 2015 07:00

RNS Number : 5003Q
Arria NLG PLC
18 June 2015
 

 

18 June 2015

Arria NLG plc

 ("Arria NLG" or the "Company")

 

New Agreement with Major Online Travel Company

 

Arria NLG (AIM: NLG), a leader in the development and deployment of Natural Language Generation ("NLG") technologies, is pleased to announce a new proof of concept agreement ("PoC") with a globally recognised online travel company.

 

The PoC provides for a pilot application using Arria NLG's technology to create output responses to travel queries, representing a breakthrough for tailored responses from booking platforms and sites if successful. The parties contemplate further development, deployment and licensing upon successful completion of the PoC application, with the prospect of additional revenue streams for Arria NLG.

 

Stuart Rogers, Chairman and Chief Executive of Arria NLG, commented: "We are delighted to have been chosen by one of the world's leading providers in the travel and tourism industry to develop personalised tailored responses to queries to their booking platform. This relationship is an excellent opportunity for this client to leverage the power of Arria NLG's technologies in the travel sector, whilst also providing a platform to further showcase our content generation and personalisation capabilities in a scale environment.

This exciting commercial development at Arria NLG further reinforces the growing demand for a broader applicability of our NLG technologies in the high value-added areas of real-time content creation and personalisation."

For further information, please visit www.arria.com or contact:

Arria NLG plc

Stuart Rogers, Chairman and Chief Executive

 

Tel +44 (0) 20 7100 4540

Allenby Capital, Nominated Adviser and Joint Broker

Nick Naylor

Jeremy Porter

James Reeve

 

Tel: +44 (0)20 3328 5656

 

Westhouse Securities, Joint Broker

Antonio Bossi

Robert Finlay

 

Tel: +44 (0) 20 7601 6100

IFC Advisory, Financial PR and IR

Tim Metcalfe

Graham Herring

Tel: 44 (0) 20 3053 8671

[email protected]

[email protected]

 

 

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