LONDON: Mobile Streams plc, the mobile content and data intelligence company, announced the signing of two further contracts by its Streams data intelligence business.

On 11 June the Company signed two new contracts for delivery of data insight, intelligence and visualisation services using the Streams platform delivered via the Company’s partnership with KrunchData.

The first contract is with Orckid, a digital product and brand development agency within the Selbey Anderson Group. The second contract is with the Education division of The Economist Group.

Dom Hawes, Group Chief Executive Officer of Selbey Anderson, said: “We are delighted to have agreed terms with Streams, and look forward to developing the opportunities between Streams and the Selbey Anderson Group.”

Nigel Burton, Chairman, said: “Despite the disruption caused by the effects of the Covid-19 pandemic, we have continued to engage with both existing and potential new clients. Whilst the revenues expected from these two contracts may initially be modest, we are pleased to be demonstrating new client appetite for our proposition as we look to grow this second revenue stream for the Company. We have issued initial invoices for the Streams service, and in addition to the two new contracts announced today expect to sign further contracts in the coming months. To enable us to accelerate growth we have appointed Richard Brinkman as Business Development Director (a non-Board role), and we look forward to developing the product and sales pipeline further.”