Arcontech Group has signed a new major client for a minimum of 200 licences for its real-time Excel add-in, Excelerator, the real-time data display and contribution solution.

Chief executive Matthew Jeffs said:

"We are extremely pleased to be working with this highly respected international investment bank. This new client win is affirmation of the quality and robustness of our solutions and the professionalism of our team.

"At the outset of the project we were put through an extremely comprehensive comparison exercise which lasted more than several months. The result of these joint endeavours is an enhanced solution that, as well as being clearly superior to competitors, has broadened our target market with an interface to Open MAMA and Solace Systems.

"On top of that we have an important new global client. I am grateful to all parties involved during this collaborative project and look forward to reporting further successes in the future."

At 8:50am: (LON:ARC) Arcontech Group PLC share price was +0.11p at 0.25p