SEEEN PLC Customer Wins (4379R)
06 Julio 2022 - 1:00AM
UK Regulatory
TIDMSEEN
RNS Number : 4379R
SEEEN PLC
06 July 2022
SEEEN plc
("SEEEN", the "Company" or the "Group")
Customer Wins
SEEEN plc (AIM: SEEEN) , the video optimisation platform company
offering proprietary technology products and services to brands,
creators and publishers for harvesting video moments to enable
discovery, sharing, e-commerce and improved digital marketing
yield, is pleased to announce further sales of CreatorSuite in the
financial publishing sector. These customer wins build on SEEEN's
vertical markets strategy, previously communicated as part of the
Group's Key Performance Indicators (KPIs), announced in its FY2021
Final Results on 30 June 2022 .
Having previously secured two customers in the financial
publishing sector, the Group has entered into contracts for
CreatorSuite with two further such customers. Both of these
customers are using CreatorSuite to drive e-commerce
applications.
Each of today's financial publishing customers has a focus on
events management and ticket sales. In one case, the Group is also
providing additional managed services to curate moments within the
videos and drive interest in events through relevant end cards for
e-commerce sales. In the other case, the Group has agreed a monthly
licence fee plus performance payments linked to the number of video
views generated.
Financial publishing is a big addressable market around the
world. As the Group continues to add wins in the financial
publishing vertical, the existing customers provide a strong
reference for future sales.
SEEEN's Go-to-Market strategy centres on gaining three types of
business-to-business customers: (i) licensing to customer in 3
verticals - financial publishing, sports and retail; (ii) licensing
and managed services to strategic customers and (iii) e-commerce
applications for consumer-oriented services providers.
Chief Financial Officer Adrian Hargrave commented: "We are
pleased to launch 2H with customer wins. As stated in our FY2021
Final Results , we have identified the financial publishing
vertical as a strong target market for CreatorSuite, where longer
form video from interviews and presentations requires moments to
capture the attention of viewers. We are confident that we will
continue to deliver against our sales KPIs and increase shareholder
value. We appreciate the support of our investors who have eagerly
anticipated SEEEN's shift from product development to
commercialisation."
SEEEN
Patrick DeSouza, Chairman Tel: +44 (0)7775
701 838
A kiko Mikumo, Interim Co-CEO
David Anton, Interim Co-CEO
Adrian Hargrave, CFO
Panmure Gordon Tel: +44 (0)20 7886
(Financial Adviser, Nominated Adviser & 2500
Joint Broker )
Alina Vaskina / Harriette Johnson (Corporate
Advisory)
Rupert Dearden (Corporate Broking)
Dowgate Capital (Joint Broker) Tel: +44 (0)20 3903
7721
Stephen Norcross
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