Imaginatik signs contract with European wine producer

AIM-listed Imaginatik, which offers end-to-end innovation management software and services for business, said on Friday that it has signed a contract with a European wine producer.

Imaginatik said the customer - one of the leading, award-winning wineries of the world - has selected the group’s Innovation Central as a key tool to assist in developing and deploying its growth strategies, in concert with engaging its employees.

The nature of the wine industry requires continual new thinking to address a wide range of complex issues from consumer trends to climate and sustainability, the company said.

Chief financial officer Shawn Taylor said: "We are very proud to have been selected as this award-winning winery's change and innovation partner and to have the opportunity to contribute to its ongoing success.

"It is an early success in our sales team's drive to expand deeper into additional territories. The cloud-based nature of our software means that it is deployable anywhere in the world, and with the majority of our revenue being derived from the US we have a proven ability to support international customers."

At 0923 BST, the shares were up 2.4% to 0.52p.