Source - LSE Non-Regulatory
RNS Number : 8527Y
Eagle Eye Solutions Group PLC
08 January 2024
 

Reach

8 January 2024

 

Eagle Eye Solutions Group PLC

 

("Eagle Eye" or the "Company")

 

Eagle Eye secures five-year contract with Pattison Food Group including first win for EagleAI

 

Western Canada's largest grocery retailer adopts the AIR platform to evolve its loyalty programme and will also use the newly developed EagleAI service to enable personalised, real-time marketing at scale

 

Eagle Eye, a leading SaaS company that creates digital customer connections enabling personalised, real-time marketing, has secured a five-year agreement with Pattison Food Group Ltd ("PFG"), Western Canada's largest grocery retailer, for the use of Eagle Eye's AIR platform to enhance its loyalty programme, More Rewards.

 

PFG provides food and health products under 11 retail banners, with the largest being Save-On-Foods. PFG selected Eagle Eye's technology to evolve its loyalty programme, More Rewards, and to better personalise the customer experience. Alongside Eagle Eye's real time loyalty and omnichannel promotions products, PFG will also be using Eagle Eye's new AI tools to generate and autonomously target personalised offers for its 3.5 million More Rewards members. EagleAI, the Company's new product suite of built-for-retail algorithms, will create significant efficiencies in the ongoing management of PFG's promotional programme, enabling AI-powered personalisation at scale.

 

This contract further strengthens Eagle Eye's presence in North America and demonstrates retailers' appetite for the Group's AI solution ahead of the full launch of EagleAI in 2024.

 

Jamie Nelson, Pattison Food Group Chief Operating Officer commented, "Delivering value for money and products that excite and delight our customers is more important to the success of our business than ever. Our More Rewards program plays an important role in helping us reward our customers and show our appreciation for choosing to shop in our stores. The AIR platform's ability to personalise marketing messages in real-time, at scale, and the Eagle Eye team's proven ability to support some of the world's most successful loyalty programmes, makes them the ideal partner to take us on the next stage of our engagement journey."

 

Tim Mason, CEO of Eagle Eye, commented: "We're delighted to be working with PFG to support the transformation of its highly successful digital loyalty programme. We continue to strengthen our presence in North America, a rapidly growing digital promotions market and, with the addition of EagleAI to our best-in-class enterprise grade AIR platform, have a supercharged offering to take to this significant market."

 

 

For further information, please contact:

 

Eagle Eye

Tim Mason, Chief Executive Officer

Lucy Sharman-Munday, Chief Financial Officer

 

 

 

Tel: 0844 824 3686

Investec (Nominated Advisor and Joint Broker)

Corporate Broking: David Anderson / Nick Prowting

 

Tel: 020 7597 5970

 

Shore Capital (Joint Broker)

Corporate Finance: Daniel Bush / David Coaten / Lucy Bowden

Corporate Broking: Henry Willcocks

 

Tel: 020 7408 4090

Alma Strategic Communications

Caroline Forde / Hannah Campbell / Kinvara Verdon

Tel: 020 3405 0205

 

About Eagle Eye

 

Eagle Eye is a leading SaaS technology company enabling retail, travel and hospitality brands to earn the loyalty of their end customers by powering their real-time, omnichannel and personalised consumer marketing activities.

 

Eagle Eye AIR is a cloud-based platform, which provides the most flexible and scalable loyalty and promotions capability in the world. More than 750 million personalised offers are executed via the platform every week, and it currently hosts over 200 million individual loyalty members for businesses all over the world. We are trusted to deliver a secure service at hundreds of thousands of physical POS destinations worldwide, enabling the real-time issuance and redemption of promotional coupons, loyalty offers, gift cards, subscription benefits and more.

 

The Eagle Eye AIR platform is currently powering loyalty and customer engagement solutions for enterprise businesses all over the world, including Asda, Tesco, Morrisons, Waitrose and John Lewis & Partners, JD Sports, Pret a Manger, Loblaws, Southeastern Grocers, Giant Eagle and the Woolworths Group.

 

In January 2023, the Group acquired France-based Untie Nots, an AI-powered personalised promotions business, adding Carrefour, E. Leclerc, Auchan and other leading brands to its European customer base.

 

For more information, please visit www.eagleeye.com

 

About Pattison Food Group

 

Established in 2021, the Pattison Food Group is a Jim Pattison business and Western Canada's leading provider of food and drugs. The Pattison Food Group includes Save-On-Foods, Buy-Low Foods, Quality Foods, Everything Wine, Pure Integrative Pharmacy, Imperial Distributors Canada Inc., and other Jim Pattison Group specialty and wholesale operations. Its businesses employ more than 30,000 team members in its nearly 300 food and drug retail locations and share a passion for giving back to the communities where they do business. Pattison Food Group businesses are leaders in customer service and innovation and are committed to achieving long-term growth.

 

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