Eckoh lands BT deal
Voice recognition specialist, Herts-based Eckoh Technologies, has landed a three-year contract with its industry partner, BT, to provide an automated flight information service to BAA, including status information for all flights into and out of BAA’s three London airports.
The service, which is expected to handle more than 18,000 calls a day from members of the public, is already up and running at Heathrow and Gatwick and is scheduled to go live at Stansted in early 2007.
Linked directly to BAA’s own back end systems, which monitor the status of all flights into UK airports, the service is able to supply callers with consistent, accurate and up-to-the-minute information.
The deal was announced in tandem with the Hemel Hempstead firm’s interim results for the six months ended 30 September 2006, which revealed a 91 per cent increase in turnover from continuing operations and more than a 500 per cent increase in pre-tax profits.
CEO Nik Philpot said: “The first six months of trading has significantly out-performed expectationsand the good levels of new business generation combined with a traditionally strong second half means our overall prospects are excellent.”
Earlier in the week Eckoh announced that talks regarding a possible offer for the company have been terminated, prompting an 8 per cent fall in its share price to 11.2p.
“The company now plans to return funds from the recent disposal of Symphony to shareholders, which brought in £11.0m, saying it would provide an update on how this would be achieved in the coming weeks.