REACH
31 May 2022
Pelatro Plc
("Pelatro" or the "Group")
Contract Win
Pelatro Plc (AIM: PTRO), the telecom Customer Engagement Hub software specialist, is pleased to announce that it has been selected by an African telco to provide its mViva Campaign Management Solution. The initial value of the license contract is around $0.3 million.
Commenting on this win, Subash Menon, Managing Director and CEO said, "This win has helped us penetrate the growing African market further. This is our first new customer in 2022 and we are confident of adding several more in the year."
For further information contact:
| Pelatro Plc | |
| Subash Menon, Managing Director | c/o finnCap |
| Nic Hellyer, Chief Financial Officer | |
|
finnCap Limited (Nominated Adviser and broker to Pelatro) |
+44 (0)20 7220 0500 |
| Carl Holmes/Kate Bannatyne/Milesh Hindocha (Corporate Finance) | |
|
| |
Notes to editors
The Pelatro Group was founded in March 2013 by Subash Menon and Sudeesh Yezhuvath with the objective of offering specialised, enterprise class software solutions for customer engagement principally to telcos who face a series of challenges including market maturity, saturation and customer churn.
Pelatro provides its "mViva" platform for use by customers in B2C and B2B applications and is well positioned in the Customer Engagement space. Our technology orchestrates the digital journey of the customers of the telcos through contextual, relevant and real time offers and loyalty programs across multiple channels including websites, social media, apps and others.
For more information about Pelatro, visit www.pelatro.com
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