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Rosslyn Data Technologies PLC - Portsmouth, England-based data management and analytics service provider - Wins a contract from an unnamed "major multinational medtech corporation", worth GBP500,000. Says the contract with this new customer is for three years, with the option to be extended for a further two years.
Chief Executive Officer Paul Watts says: "I am delighted that we have secured a new, multi-year contract with a major medtech multinational corporation and that our Rosslyn platform has been selected to form the backbone of the digital transformation of their procurement operations. This deal exemplifies the wider state of transition in the marketplace as organisations increasingly demand a full field of vision on their spend, which can only be gained by maximising data through the application of ever-more sophisticated technology."
Says the customer, based in Switzerland, has selected the Rosslyn procurement analytics platform as the foundation for embedding its digital transformation programme across its supply chain management.
Current stock price: 1.92 pence, up 18%
12-month change: down 60%
By Xindi Wei; xindiwei@alliancenews.com
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