Prologic, the IT business solutions group to fashion and lifestyle retailers said it had won a contract with Tiso Group Limited with an initial value of £700,000. The contract is for Prologic's CIMS software suite and Unify private network which will be used in Tiso's 16 stores in the UK.
"This is an excellent win for us as it underpins, yet again, Prologic's market position as the IT solutions provider of choice to fashion and lifestyle retailers. Our new business consultancy division is generating business opportunities in both existing customers and new name business. I look forward to reporting further progress in due course" said Sam Jackson, Managing Director of Prologic.
Shares in Prologic rose 7% to 77.5p on the positive news.