3rd Jul 2012 07:00
3 July 2012
Earthport plc ("Earthport" or "Company")
New client on IBM's Global Expense Reporting Service
Earthport, the cross-border payments service provider, is pleased to announce the signing of a new client on IBM's Global Expense Reporting Service ("GERS"). The client is a leading provider of electronic security, monitoring and control products and services worldwide. The contract provides Earthport with guaranteed minimum revenues extending over several years.
This is the fifth client Earthport has signed through the IBM GERS relationship.
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For further information, please contact:
Earthport plc Hank Uberoi / Zafar Karim | 020 7220 9700 |
Panmure Gordon Katherine Roe | 020 7459 3600 |
Charles Stanley Securities Mark Taylor / Paul Brotherhood / Darren Vickers | 020 7149 6000 |
FTI Consulting Jonathon Brill / Alex Beagley | 020 7831 3113 |
Notes to Editors
About Earthport
Earthport plc, a regulated global financial services organisation, specialises in the provision of a white label cross-border payments service.
Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's clients include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses. Through Earthport's well established payments infrastructure, clients can clear and settle payments directly to banked beneficiaries in over 50 countries.
The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services.To learn more, please visit www.earthport.com and follow us on Twitter @Earthport.
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