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Altitude Group

  • BY: Andrew Hore |
  • POSTED: 18/01/2012 |

Software firm Altitude Group’s agreement with EmbroidMe should be worth around £230,000 ($360,000) a year once it is fully rolled out.

EmbroidMe is, the world’s leading franchise for embroidered garments and promotional products with around 300 franchise stores. They will each pay $99 a month for the TradeOnly point of sale, web store, customer relationship management and order management system. Most of these stores should be using TradeOnly by the end of this financial year.

This deal follows the partnership agreement with PrintSites.com, which enabled Altitude to offer an integrated, cloud-based solution.

At 28.5p a share, Altitude is valued at £12.1m. 

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJanuary2012_28.pdf

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