Serko & ATPI Group sign MOU for global deployment of Zeno
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
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- SKC — SkyCity Entertainment Group Limited: US PRIVATE PLACEMENT NOTES – AGREEMENT OF KEY TERMS2017-10-31
“1 November 2017 Client Market Services NZX Limited Level 1, NZX Centre 11 Cable Street WELLINGTON Copy to: ASX Market Announcements Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000 AUSTRALIA RE: SKYCITY ENTERTAINMENT GRO…”
- SKC — SkyCity Entertainment Group Limited: INTERIM RESULT (FOR THE SIX MONTHS ENDED 31 DECEMBER 2017)2018-02-08
“9 February 2018 Client Market Services NZX Limited Level 1, NZX Centre 11 Cable Street WELLINGTON Copy to: ASX Market Announcements Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000 AUSTRALIA Dear Sir/Madam RE : SKYCITY ENTE…”
- SKC — SkyCity Entertainment Group Limited: INVESTOR PRESENTATION FOR UBS INVESTOR CONFERENCE2017-11-12
“13 November 2017 Client Market Services NZX Limited Level 1, NZX Centre 11 Cable Street WELLINGTON Copy to: ASX Market Announcements Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000 AUSTRALIA RE: SKYCITY ENTERTAINMENT GR…”