18th June 2024
Microlise Group plc
("Microlise", the "Company" or the "Group")
Contract Win with Leading French Transport Company
Further progress in international expansion strategy with £1.35m contract win
Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, is pleased to announce a significant new partnership with Société de Transports Alimentaires et Frigorifiques (STAF), a leading player in the transport of mass distribution and agri-food in France. The 5-year contract, with a contract value of £1.35m, builds on Microlise's international expansion strategy by increasing the Company's presence in France.
STAF, a family-founded business since 1969, has chosen Microlise to enhance operational efficiency and customer experience through a suite of solutions. These include comprehensive temperature audit reports per trip, real-time actionable data to improve vehicle performance and driver behaviour, and complete route visibility with accurate arrival and departure times. Key components such as Journey Management, ePOD, Telematics and Safety, and real-time traffic navigation modules will be deployed across STAF's fleet.
Microlise was awarded the contract following a competitive tender process, with its market leading single modular, scalable platform offering being the key factor in its success.
The contract win follows on from recent successes in Australia and New Zealand, in executing Microlise's international growth strategy. The contract significantly expands the Company's presence in France and is the Company's first third-party logistics (3PL) customer in the region.
Embarek Mendjel, Managing Director of STAF, added: "STAF was looking for a partner with an 'all-in-one' solution to make a significant upgrade from what we were using before. The Microlise solution allows us to track our vehicles, track all of our temperature data, monitor driving behaviour, manage all the delivery processes whilst being flexible to our needs, all within the single platform and with a single supplier. In addition, API management allows us to access important data for the daily management of our activities and to communicate the right information at the right times to our supermarket shipper customers. We look forward to bringing this project to life this summer, working closely with the Microlise teams."
Nadeem Raza, CEO of Microlise, commented: "We are thrilled to partner with STAF, a respected leader in the French transport sector. Our advanced solutions will enable STAF to optimise its operations and deliver exceptional service to its customers. This partnership underscores our success in delivering against our strategic goals of international expansion and the provision of market-leading cutting-edge technology. STAF is one of the leading and most recognisable brands in the 3PL dominated French market, providing a strong foothold to continue our expansion."
For further information, please contact:
Microlise Group plc Nadeem Raza, CEO Nick Wightman, CFO
| C/O SEC Newgate |
Singer Capital Markets (Nominated Adviser & Broker) Steve Pearce / James Moat / Sam Butcher
| Tel: 020 7496 3000 |
SEC Newgate (Financial PR) Bob Huxford / Molly Gretton / Harry Handyside
| Tel: 020 3757 6880 Email: microlise@secnewgate.co.uk |
About Microlise
Established in 1982, Microlise Group Plc is a leading SaaS provider of Transport and fleet management solutions. Its technology is designed to help businesses improve efficiency, reduce emissions, lower costs, and increase safety on the road.
With a range of products and services used by more than 400 enterprise clients globally, Microlise helps companies of all shapes and sizes - across a wide range of industries - to better manage their entire operation.
Backed by a team of experienced professionals who provide excellent customer service, the Group has won a number of awards, including three Queens Awards for Innovation (2019, 2020).
Headquartered in the United Kingdom, the company also has offices in France, Australia, and India with a global staff base of more than 750 industry professionals.
Handling over 640,000 subscriptions annually, Microlise joined the Alternative Investment Market (AIM) in 2021, qualifying for the London Stock Exchange's Green Economy Mark.
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