Four early adopters for new Crimson Tide offering

Crimson Tide, the software company behind the mpro mobile business application, has bagged four clients for the latest version of the software, which runs on smartphones and tablets that use the Apple and Adroid operating systems.

Knight Frank, The Erith Group, Hampshire County Council and Initial Building Services are the four early adopters of mpro5.

A number of significant trials of Crimson Tide's souped-up version of mpro are scheduled for the fourth quarter, many of them "beyond the scope of our previous offerings both in terms of potential users and addressable markets," the company said.

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"These prestigious contract wins demonstrate clients' belief in the system, and our short to medium term aim is to migrate all existing clients on to mpro5. This innovative solution has enabled us to win paid trials which we believe, are potentially very exciting for the future of Crimson Tide," revealed Barrie Whipp, Executive Chairman of Crimson Tide.

The share price of Crimson Tide rose to 1.44p shortly after the announcement before ebbing to 1.375p, up 0.125p on the day.

JH