IN BRIEF: Crimson Tide renews 36-month Koenig & Bauer contract

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Crimson Tide PLC - Turnbridge Wells, England-based field management software provider - Says it has renewed a 36-month contract with the UK branch of Koenig & Bauer AG to keep providing the mpro5 operational compliance platform.

Praising the renewal of the adoption of their software for a further three years, Crimson Tide says Koenig & Bauer integrated its platform deeply into their operational workflows, and ‘exemplify the long-term value that mpro5 can deliver’.

‘This renewal reinforces the strength of our long-standing relationship and supports our focus on sustainable, recurring growth,’ the company said.

Current stock price: 90.80 pence, up 6.8% on Wednesday afternoon in London

12-month change: up 3.8%

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