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ID Data PLC (“ID Data”) renews exclusive contracts worth £4.7 million with Tesco Stores and the Automobile Association

ID Data, the UK’s largest provider of secure smart-card based transaction systems and services to the international telephony, banking, retail and secure-access sectors, has renewed two contracts together worth £4.7 million to supply Tesco Stores Limited and the Automobile Association (“AA”) membership with loyalty card and membership card production and processing.

ID Data has produced the Tesco Clubcard since its launch in 1995 and is pleased to announce a further two-year contract worth £2 million. This is an exclusive win and allows continued partnership with Tesco and its Clubcard Loyalty scheme.

AA has renewed its exclusive membership card contract with ID Data, choosing the Company as its producer and processor for a further two years in a deal worth £2.7 million. The membership cards are a key component of the AA’s service activities.

Michael Stewart, Managing Director, ID Data Systems, who is responsible for these partnerships, said: “These contracts reinforce our industry position as experts in membership and retail loyalty. We have been rewarded for the consistent quality of our service and deliverables in the award of these two significant contract renewals. Following our success in the well publicised Nectar Loyalty scheme, we intend to make further progress in the loyalty markets.”

Peter Cox, Chief Executive of ID Data, said: “These wins confirm ID Data’s strategy and demonstrate our continued success with the membership and loyalty programmes of customer service leaders. We are delighted to continue the excellent partnerships we have with both Tesco and the AA. We are confident that Michael Stewart will lead the way in ensuring that we deliver the best possible service.”


For further information, please contact:
ID Data plc
Peter Cox Tel: +44 (0) 1536 207000
enquiries@id-data.co.uk

Media Enquiries:
Bankside
Peter Curtain / Heather Salmond Tel: +44 (0) 20 7444 4140
heather.salmond@bankside.com

Notes to Editors:

ID Data plc

ID Data plc ("ID Data") is the world’s seventh-largest supplier of secure-transaction systems and smart-card services to the international telephony, banking, retail, and secure-access sectors. The Company’s strategy, to move from commodity products to value-added services and solutions, has created a solid platform on which to build further growth. The Company’s clients include Vodafone, Nectar, Tesco, and Exxon Mobil. ID Data has formed agreements with major global corporations to facilitate rapid market development including partnerships with Toshiba and Toppan. The Company has delivered in excess of 10 million chip cards to the banking market in the UK in less than 18 months. The Company was founded in 1988 and was listed on AIM in October 2000.
http://www.id-data.co.uk

Tesco Stores Ltd

Tesco launched Clubcard in February 1995. Since the launch Tesco has given its customers over £1 billion in vouchers. More than 80 per cent of sales in Tesco are made using Clubcard. There are more than 10 million households actively using Tesco Clubcard. Tesco Clubcard partners include Allders, Dollond & Aitchison, H Samuel, Beefeater restaurants and pubs, Johnsons Dry Cleaners, Travelcare and Nationwide and Lex Autocentres.


This press release was distributed by ResponseSource Press Release Wire on behalf of Lothbury Financial in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.