BANGO PLC

Business and Financial Review • Mar 13, 2024

National Storage Mechanism | Additional information

RNS Number : 7190G

Bango PLC

13 March 2024

Bango PLC

("Bango" or the "Company")

Bango Digital Vending Machine® launched by Third Tier 1 US Telco

Cambridge, UK, 13 March 2024 -   Bango (AIM: BGO), announces that following the signing of a long term Digital Vending Machine® contract in FY23 by a top 5 US operator, the service has now launched. This launch triggers the start of the associated license revenue which adds a minimum of $2M additional Annualized Recurring Revenue (ARR).

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Contact Details:   

Bango PLC	Singer Capital Markets (Nominated Adviser and Broker)
+44 1223 617 387	+44 20 7496 3000
investors@bango.com
Paul Larbey, CEO	Harry Gooden
Matt Garner, CFO	Jen Boorer
	Asha Chotai

About Bango

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services , by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

The world's largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe. For more information, visit www.bangoinvestor.com

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