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Innovation (LON:TIG) - Further software progress

Thursday, Mar 15 2012 by

Mar 15th 2012 - Edison Investment Research today published a report on Innovation (TIG.L, LSE:TIG, LON:TIG) entitled "Further Software Progress". In summary, the report says:

Innovation has announced a £3.0m software contract for its Claims software with a Tier 2 US insurance carrier. The licensing component of the deal is £0.3m with £2.7m of services to be delivered over the next 12 months.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »