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UK & European Contract Wins

4th Jun 2007 07:02

Imaginatik PLC04 June 2007 Imaginatik plc ("Imaginatik" or the "Company") UK AND EUROPEAN CONTRACT WINS LONDON - Imaginatik plc (AIM: IMTK), a leading provider of Innovation andCollaborative Problem Solving software and process, has achieved strong progressin the UK in the first half of 2007. Since the appointment in January 2007 ofGeoff Carss as UK Managing Director, the Company has signed pilot contracts withseveral major UK organisations, including one of the UK's leading insurancecompanies and one of the UK's leading providers of computer technology andconsultancy. In addition, Imaginatik is currently carrying out a Europeandeployment for a global Pharmaceutical company. These companies add to Imaginatik's strong international client base, whichcomprises of over 100 companies including Pfizer, Hewlett-Packard, WeyerhaeuserCorporation, Chevron Texaco Global Lubricants and Cargill Inc. Imaginatikprovides its clients with software and consulting services to help them discoversources of additional revenue, tangible costs savings, process improvements andincreased product pipelines. Mark Turrell, CEO of Imaginatik plc commented, "It is great to be able to reportsuch exciting progress here in the UK and Europe, which was one of our key aimsat the time of our IPO in December last year. We have a strong and growingpipeline of prospects, and we are confident that the pilots we are embarking onwill develop into long-term contracts delivering sustained and profitablegrowth." Further enquiries: Imaginatik plc Tel: 020 7917 2975Mark Turrell, CEO / Shawn Taylor, CFO ICIS Tel: 020 7651 8688Tom Moriarty / Laura Cocker About ImaginatikImaginatik is the leading provider of Innovation and Collaborative ProblemSolving software and process to the world's leading companies. More than 100clients rely on Imaginatik's software, consulting and research to enable theirbest-of-breed innovation activities. Imaginatik's software and consulting services have helped clients discoversignificant sources of additional revenue, as well as tangible cost savings,process improvements and increased product pipeline. Imaginatik is alsocommitted to developing strategic solutions in the field of innovation, workingwith academic institutions such as the London Business School and the CassSchool of Business, London, as well as leading practitioners of corporateinnovation. For further information please visit www.imaginatik.com This information is provided by RNS The company news service from the London Stock Exchange

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