LONDON - Monitise plc (LSE: MONI.L) ("Monitise") announces two major multi-year contract wins with multi-million dollar aggregate value:
I. with a top 10 US financial institution. This represents an extension and expansion of an existing relationship.
II. with a global partner to deploy Monitise's digital banking capabilities in multiple countries for a major European financial institution. The Letter of Intent announced on 17 February was in relation to this deal.
Enquiries:
Investor Relations Richard Johnson, Haya Herbert-Burns investorrelations@monitise.com | Tel: +44(0)20 3657 0366 |
Media Relations Gavin Haycock, Anna Howard press@monitise.com | Tel: +44(0)20 3657 0362 |
Canaccord Genuity (NOMAD) Simon Bridges, Cameron Duncan | Tel: +44(0)20 7523 8000 |
Brunswick Jonathan Glass, Andrew Garfield | Tel: +44(0)207 404 5959 |
Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks use Monitise's technology platforms and services to securely connect people with their money.
33 million consumers have registered for Monitise's patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $101bn of payments, purchases and transfers annually. Additionally, Monitise-designed high-engagement apps across multiple industry verticals and email subscribers to the Monitise Content consumer business total more than 49 million. More information is available at www.monitise.com. For views and insights from the Monitise team about the world of Mobile Money, visit www.monitise.com/insights.
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