Eagle Eye Solutions secures five-year contract with leading UK retailer

Software-as-a-Service technology group Eagle Eye Solutions has secured a five-year contract for its AIR platform with a leading UK retailer.

Eagle Eye said on Monday that its AIR platform, which will power the retailer's loyalty scheme, has the ability to deliver enterprise-level loyalty programmes, securely and at scale and already counts many of the world's leading grocers, retailers and hospitality providers as customers.

Financial terms of the deal were not disclosed.

Chief executive Tim Mason said: "We are delighted to win another major retailer in the UK, consolidating our position as market leader for loyalty and promotions software. The five-year contract provides increased visibility over further growth of Eagle Eye, this year and beyond."

As of 1025 BST, Eagle Eye shares were up 2.28% at 477.65p.

Reporting by Iain Gilbert at Sharecast.com