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Tuesday 22 June, 2010

i-design Group Plc

First Win in South America

RNS Number : 9830N
i-design Group Plc
22 June 2010
 



IDG

22 June 2010

I-DESIGN GROUP PLC

("i-design" or "the Group")

 

First Contract

in

South America

 

i-design, which has developed and supplies a market leading ATM advertising solution ("atmAd"), enabling ATM network owners to run both third party advertising and their own internal marketing campaigns, is pleased to announce its first contract in the South American marketplace.  The contract, secured via channel partner, Teller Service CIA. LTDA ("Teller"), has been signed with a major bank in Ecuador and is for the deployment of i-design's atmAd solution across the bank's network of approximately 500 ATMs in Ecuador. 

 

Under the terms of the agreement, following the implementation of atmAd, i-design will benefit from an ongoing revenue stream derived from fees relating to the use of its proprietary systems, which facilitate the management of ATM advertising campaigns.  Implementation of atmAd is expected to commence in the coming weeks, with sites expected to go live in the beginning of the fourth quarter of 2010.

 

The Company views this agreement as a significant strategic gain, establishing atmAd (and the concept of third party advertising on ATMs) in a new territory and helping to open up further opportunities in South America. Importantly, atmAd is a platform independent solution, capable of operating across multiple ATM networks.  Teller also represents the Group in a number of other South American countries. 

 

This new contract follows the announcement issued on 27 May 2010, which reported that the Group had secured its first agreement in the USA, with Cardtronics, Inc, the world's largest non-bank owner of ATMs. 

 

Ana Stewart, CEO of i-design, commented:

 

"This is a strategically important agreement for us, establishing our ATM advertising solution in a major new marketplace, South America.  

 

We are confident that the benefits of atmAd, which remains globally an unrivalled ATM advertising solution - capable of running on multiple ATM networks - will lead other ATM network owners in South America to explore the opportunity atmAd offers both for market positioning and new revenue generation.   

 

We continue to remain very positive about prospects for expansion both in the UK and internationally."

 

 

Enquiries:

 

i-design group plc

Ana Stewart, Chief Executive

Ian Sunter, Finance Director

T: 01382 541 041

 




Biddicks

Katie Tzouliadis

T: 020 7448 1000


Sophie Lane





Arbuthnot Securities

Tom Griffiths

T: 020 7012 2000


Alasdair Younie


 



About i-design group plc

 

i-design (AIM: IDG) is the world-leading specialist provider of ATM advertising software and services and developer of atmAd, the only platform independent end-to-end ATM marketing solution with integrated third party media sales capability.  With atmAd, financial organisations can effectively deliver third party and internal advertising campaigns as well as implement effective marketing through their ATM networks - enhancing the customer experience, generating new revenue streams and delivering high impact targeted one-to-one advertising messages.


Established in 1991 and successfully floated on AIM in 2007, i-design has 20 years' experience working with leading banking partners within the
self-service industry, seamlessly delivering high quality screen graphics and third party opportunities across more than 1 billion ATM transactions a year, globally.  

 

 


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