Renewal of Contract
Crimson Tide plc has announced the renewal of a 36-month contract with Koenig & Bauer (UK) Ltd, a long-standing customer and part of a major printing press manufacturer. This renewal signifies the continued integration and value of Crimson Tide's mpro5 operational compliance platform within Koenig & Bauer's specialised service and operational workflows, reinforcing the company's focus on sustainable, recurring growth.
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Crimson Tide plc (AIM: TIDE), the provider of the mpro5 operational compliance platform, is pleased to announce the renewal of a 36‑month contract with Koenig & Bauer (UK) Ltd ("Koenig & Bauer"), part of Koenig & Bauer AG, one of the world's oldest and most established printing press manufacturers.
Koenig & Bauer has been a valued customer of Crimson Tide since the early years of the Company's commercial operations. Over this time, they have adopted mpro5 in a highly specialised and unique way, integrating the platform deeply into their service and operational workflows. Their renewed commitment reflects the long‑standing partnership between the two companies and the continued relevance of mpro5 in supporting Koenig & Bauer's operational excellence.
Commenting on the renewal, Jon Clarke, CEO of Crimson Tide plc, said:
"We are delighted that Koenig & Bauer has chosen to renew their contract with us for a further 36 months. As one of our earliest adopters, they exemplify the long-term value that mpro5 can deliver, particularly when used in innovative and specialised ways. This renewal reinforces the strength of our long-standing relationship and supports our focus on sustainable, recurring growth."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.