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Serko & ATPI Group sign MOU for global deployment of Zeno

Operational Update19 November 2017SKOIndustrials

Serko Limited, Saatchi Building, Unit 14D 125 The Strand, Parnell, Auckland, New Zealand
PO Box 47-638, Ponsonby, T: +64 9 309 4754, F: +64 9 377 0545, investor.relations@serko.com




Market Release

20 November 2017


Serko & ATPI Group sign MOU for global deployment

of Zeno



Serko Limited (NZX:SKO), a leader in online travel booking and expense management

for business, today announced that it has entered into a non-binding Memorandum of

Understanding (MOU) with ATPI Group.


It is intended that the terms of a binding strategic partnership agreement will be finalised

over the coming months. The MOU outlines a process that will be followed by Serko and

ATPI to work toward agreeing the terms of a binding agreement whereby ATPI will be

licensed to deploy Serko’s Zeno technology globally, including in the USA, Europe, UK

and Asia. Serko has recently released Zeno into the Australian market, however, Zeno is

designed as a global platform.


While significant to Serko’s strategy should a binding agreement be entered into, Serko

does not anticipate a material uplift in revenue in either FY18 or FY19.


Serko’s progress on this contract and any insights into revenue in future trading periods

will be made at the appropriate time.


Investor Relations enquiries


Susan Putt

Phone: +64 21 388 009



About Serko:


Serko is the leading online travel booking and expense management solution provider in

Australasia, that is growing globally and is listed on the New Zealand Stock Exchange

Main Board (SKO.NZ). Serko employs more than 100 people worldwide, with its HQ in

Auckland New Zealand, and offices in Australia, China, India, and the U.S.


Serko Online, sold by most Travel Management Companies in Australasia, has been

helping corporate organisations save on travel programmes since 2007. Serko Expense,

which integrates with Serko Online or as a stand-alone Expense Management System

(EMS) is optimised for corporate card programmes and integrates with all major

enterprise systems.


Serko Limited, Saatchi Building, Unit 14D 125 The Strand, Parnell, Auckland, New Zealand

PO Box 47-638, Ponsonby, T: +64 9 309 4754, F: +64 9 377 0545, investor.relations@serko.com


Serko’s small and medium business solution, serko.travel, targets companies in

Australia and New Zealand with less than 150 employees. It allows smaller

organisations to self-setup and make or change bookings online.


Zeno is newest Serko’s global Travel and Expense solution for business that uses

intelligent technology and a global ecosystem customised to each business’ advantage,

to transform business travel challenges into positive new experiences across the entire

journey.


Visit www.serko.com and www.serko.travel for more information.


Follow Serko:

On Linkedin: http://www.linkedin.com/company/serko-ltd

On Twitter: https://twitter.com/SerkoOnline



About ATPI Group:


ATPI Group has a network of over 100 offices worldwide and is a global leader in travel

management for corporate, shipping and energy businesses, sports and corporate event

management and online travel technology.


For more information please visit www.atpi.com

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