THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF UK MARKET ABUSE REGULATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN.
4 May 2022
("Checkit", the "Company" or the "Group")
Checkit plc (AIM: CKT) is pleased to announce it has signed a two-year renewal contract with Center Parcs Limited ("Center Parcs"). The contract, which has a minimum total value of £360,000 (including £52k of upsell) over the two-year period, will see Checkit provide its platform and Internet of Things (IoT) technology to all Center Parcs' locations across the UK and Ireland.
Center Parcs owns six leisure destinations across the UK and Ireland, encompassing over 90 food outlets. Center Parcs uses Checkit to digitise its operations, automate repetitive manual tasks and drive cost savings including over 20,000 hours of staff time a year.
Checkit CEO Kit Kyte said: "Center Parcs is leading the adoption of sensor & software technology to augment its business and digitise food operations. We look forward to expanding our technology to additional areas of the business and delivering further real-time insight to accelerate data-driven business decisions.''
+44 (0)1223 643313
Kit Kyte (Chief Executive Officer)
Greg Price (Chief Financial Officer)
Singer Capital Markets (Nominated Adviser & Broker)
+44 (0) 20 7496 3000
Shaun Dobson / Harry Gooden / George Tzimas (Investment Banking)
Checkit is the intelligent operations platform for deskless workforces, enabling operational agility and intelligent decision-making in large multinational and complex national organisations. The solution offers optional plugins for sensor networks and smart building management.
The Checkit Connect platform prompts, guides, captures and analyses frontline activities through digital workflows. Real-time data is captured from multiple workplaces. The platform empowers leaders to comprehend and continually improve processes, enhancing innovation, productivity, efficiency, energy usage, waste reduction, customer experience, safety and compliance.
Checkit provides intelligent operations tools to the retail, franchise, healthcare, life sciences, facilities management, catering, manufacturing, hospitality and commercial property sectors.