BPG - New Data Supply Agreement
BLACKPEARL GROUP | Market Announcement
23 October 2024
Market update
Entry into new data supply agreement
Black Pearl Group Limited (NZX:BPG) wishes to advise the market that it has entered into a new
data supply agreement with an independent US-based data provider.
This agreement increases BPG’s access to data sets from 4 to 14 and fixes data supply costs for
the next three years. Based on like-for-like functionality it is projected this agreement will reduce
the cost of service for BPG’s Pearl Diver service in the mid-to long term.
The intention of this agreement is to supersede BPG’s existing data supply agreement with
Prospect Desk.
The data supply agreement:
• secures data rights for BPG for a three-year term;
• moves BPG from paying a percentage of earned revenue to a monthly fixed fee for the
datasets – this model will be more economical and fit for purpose as BPG continues to
scale up and grow; and
• gives BPG access to a number of new datasets that may assist in the development of
new product features.
““As a company that turns ‘data into dollars’ this new supply agreement opens up an
abundance of opportunities to create impactful new features for our customers, and new
revenue streams for Blackpearl. We have been able to get access to data of this calibre and
magnitude because we are achieving scale. Our in-market achievements are opening up new
opportunities which would have hitherto been unavailable to us. Blackpearl Group’s success is
paving the way to new horizons.”
Sam Daish – Chief Technology Officer, Blackpearl Group.
ENDS
BLACKPEARL GROUP | Market Announcement
Contact
Released for and on behalf of BPG by Karen Cargill, Chief Governance Officer.
For further information, please contact: Karen.cargill@blackpearl.com | +64 21 135 5183
About Blackpearl Group
Blackpearl Group (BPG) is a market-leading data technology company pioneering AI-driven
sales and marketing solutions for the US market.
Specifically engineered for small-medium sized businesses (SMEs), BPG consistently delivers
exceptional value to its customers. Our mantra is simple: ‘Better Growth Together’. When our
customers win, we win.
Founded in 2012, BPG is based in Wellington, New Zealand, and Phoenix, Arizona.
Blackpearl.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.