8th May 2025 07:00
This is a Reach announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance.
Insig AI plc
("Insig AI", the "Company" or the "Group")
Strategic Client Win and New Product Launch of Generative Intelligence Engine (GIE)
Insig AI plc (AIM:INSG), the data science and machine learning solutions company, is pleased to announce it has secured a new client win from a London-based asset manager with assets under management of more than £25 billion.
The client specialises in global macroeconomic events and has entered into a commercial agreement with Insig AI that includes both a licence fee and an annual retainer. Whilst the initial contract is not material from a revenue perspective, both parties have already identified multiple areas across the client's investment process where Insig AI's technology can add value, providing scope for a broader long-term relationship. This can lead to significant additional work from this client.
This win also marks the first commercial deployment of Insig AI's Generative Intelligence Engine - a pioneering product that helps organisations apply their own expert thinking at scale. It captures a client's decision-making methodology, builds a tailored prompt framework around it, and applies it to their data in a secure and auditable way. This allows clients to make consistent, high-quality decisions across large datasets, while retaining full control over how those decisions are made.
Richard Bernstein, CEO of Insig AI, commented:
"We are delighted to have secured this strategic win with a highly respected institution. It demonstrates both the relevance of our offering and the commercial potential of our Generative Intelligence Engine. This is a significant milestone for Insig AI - converting our latest R&D into scalable revenues, laying the groundwork for meaningful growth. This also provides visibility of the potential to translate into a significant new source of revenues for the current year and beyond."
For further information, please visit www.insig-ai.com or contact:
Insig AI plc
Richard Bernstein, CEO [email protected]
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