Intouch Insight Inc. Signs $7 Million 3-Year Contract for Software and Services
By: Lindsay Sykes March 28, 2017
OTTAWA, Canada March 28, 2017 - Intouch Insight Ltd. (“In-Touch” TSXV: INX) announces that its operating subsidiary, Intouch Insight Inc., has signed another agreement with its largest customer to extend and expand software and services through to the end of 2019. This auto industry customer has been a customer of Intouch since 2006. The customer uses the unique and powerful IntouchCapture software solution to manage thousands of geographically dispersed mobile or kiosk data capture units at marketing events in North America and around the world. IntouchCapture is a powerful software solution allowing enterprises to automate their processes of collecting, feeding CRM systems and acting upon lead information from millions of consumers at thousands of events and microsites each year.
“The advancements in our software technology, and long history with this customer, allowed us to secure this agreement for the next three years. We believe that Intouch has the most powerful and comprehensive lead capture and push to CRM software solution for enterprise-class customers in the event marketing industry,” said Cameron Watt, President & Chief Executive Officer of Intouch. “The length of the partnership we have maintained with this client is a great example of the recurring revenue model which we have in place and illustrates the potential life time value of our client base,” said Watt.
About Intouch Insight
At the core of Intouch Insight (Intouch) is, and always has been, a focus on collecting insights to drive business improvement. Founded in 1992, Intouch draws from its twenty-five years of experience in the mobile data capture industry to deliver clients with enterprise-class solutions, while driving innovation as well as new products, services and features. The Intouch product suite currently includes mystery shopping, operational site audits, regulatory compliance audits, voice of the customer programs, forms automation software, and event marketing automation. Intouch is able to provide businesses with a 360° view into their performance and areas in need of focus.
Certain statements included in this news release contain forward looking statements, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company’s current views with respect to future events, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be inaccurate given that they are subject to certain risks and uncertainties.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact: