Cloudcall inks deal with 'major' US staffing firm

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Sharecast News | 04 Jun, 2019

Cloud-based software business Cloudcall has scored a significant new contract worth a minimum of £1.1m with an unnamed "major US staffing firm".

Cloudcall's deal will see the group's integrated unified communications services rolled out to nearly 2,000 of its mystery client's staff before the end of 2019.

The AIM-listed outfit said the deal highlighted the relevance of its unified communications its "growing reputation" in the staffing and recruitment sector.

Chief executive Simon Cleaver said: "This major contract win continues what has been a strong start to 2019 for new contract bookings and net new user growth, particularly in the US where we are seeing more traction from our new integrated SMS and IM products.

"The phased roll-out of this contract will be contributory towards monthly recurring revenues in 2019 and its full impact on Group revenue will be witnessed in 2020."

Cleaver also said the win would contribute strongly toward its aim of growing Cloudcall's user base by more than 1,000 new users per month.

As of 0920 BST, Cloudcall shares had climbed 4.52% to 104p.

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