eServGlobal announces the successful signing of a new contract with an existing customer in Asia Pacific.
The value of the contract is approximately €1M which will be recognised over a three-year period, with approximately 50% capable of recognition in FY19.
The contract involves eServGlobal supplying a voucher management platform for a leading local operator in the region. Asia Pacific is one of the largest mobile markets in the world and recharge is an essential feature in this predominantly prepaid market.
James Hume, eServGlobal COO, said, “I am pleased to provide this update of a new project with a key customer in Asia Pacific. In December last year we communicated the delay of certain orders, I confirm that we have now secured another of these projects. We continue to focus on successfully converting our strong pipeline of opportunities, while maintaining the cost discipline exhibited during the last year.”