K3 Business Technology Group wins second major German contract

K3 Business Technology Group has won a major contract with one of Germany's largest online fashion retailers.

The AIM-listed software and hosting provider announced a deal with K-Mail Order for its "axlis fashion" solution.

It will help the retailer to strengthen its product development and optimise its purchasing processes.

The contract, secured through the company’s channel partner network, will help underpin K3’s results for the year and generate ongoing revenues from software licence and support renewals.

It’s the second channel partner win in Germany, following the agreement with TriStyle Mode announced in September.

“Sales through our channel partners are a key growth opportunity,” chief executive David Bolton said.

“We remain focused on driving these third party wins and continuing to develop our channel partner network."