Arcontech recurring revenue boost

Arcontech has announced additional agreements with existing clients to the value of approximately £115,000 per annum in new annual recurring revenue as a result of new software licences provided to those clients.

The agreements are effective from 1 December. The three clients are based in the UK, Germany and Scandinavia and the licences are for the Arcontech Symbol mapper, Cache with Calculations Engine and Excelerator products.

At 9:07am: (LON:ARC) Arcontech Group PLC share price was +1p at 38.5p