incadea plc ("incadea"or "the Company"; LSE-AIM: INCA), a leading provider of enterprise software solutions and services to the global automotive dealership industry, announces that it has signed an exclusive 5-year agreement worth US$ several million, with a global US car manufacturer (OEM), for a major Asian market.
Under the agreement, incadea will roll out its latest-generation software solutions to the OEM's dealer network.
Werner Leinauer, incadea's Chief Executive Officer, commented:
"We are delighted to have signed this agreement. Asia is of major strategic importance to global OEMs and the agreement reflects the boost to incadea's global reputation after becoming, through its partnership with Qoros, the first and only player to establish a strategic relationship with a Chinese OEM.
It also demonstrates the superiority of our latest-generation solutions and underpins our confidence in incadea's financial prospects."
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CONTACTS
incadea plc | +49 89 6933 80 www.incadea.com |
Werner Leinauer (Chief Executive Officer) | |
Cenkos Securities plc (Nomad & Broker) | +44 20 7397 8900 |
Liz Bowman (Corporate Finance) | |
Bankside Consultants | +44 20 7367 8888 |
Simon Bloomfield |
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