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Ingenta secures two now deals for commercial software platform

By Michele Maatouk

Date: Monday 22 Jul 2019

(Sharecast News) - Innovative content solutions provider Ingenta said on Monday that it has secured two new deals for its commercial software platform.
These sales are for customers based in the UK and France and comprise the Ingenta commercial order to cash, contract rights and royalties, and product manager modules. There is also scope for further services in due course.

The combined implementation and licence deals are valued at £365,000 with total annual recurring fees of approximately £70,000.

Chief executive officer Scott Winner said: "I'm pleased to report continued momentum in new sales this year and in particular the expansion of the commercial customer base into the wider media sector. Sales activity remains encouraging."

At 1110 BST, the shares were down 2.1% at 66.06p.

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