Imaginatik Plc (LON:IMTK) shares jumped on Friday morning as the innovation solutions provider has signed a contract with a leading European wine producer.
The AIM-listed firm said the customer is one of the leading, award-winning wineries of the world.
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The company said its new customer has selected Imaginatik’s Innovation Central as a key tool to assist in developing and deploying its growth strategies, in concert with engaging its employees.
Imaginatik said the nature of the wine industry requires continual new thinking to address a wide range of complex issues from consumer trends to climate and sustainability.
Shawn Taylor, chief financial officer of Imaginatik, said: “It is an early success in our sales team's drive to expand deeper into additional territories.”
He added: “The cloud-based nature of our software means that it is deployable anywhere in the world, and with the majority of our revenue being derived from the US we have a proven ability to support international customers."
In early morning trading, Imaginatik's shares jumped 10.8% to 0.56p.