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Rosslyn Data Technologies Wins Cloud Contract For Florida Universities

Wed, 14th Jan 2015 08:36

LONDON (Alliance News) - Rosslyn Data Technologies PLC shares rose on Wednesday morning after the company said its Rosslyn Analytics Inc subsidiary has won a contract from the State University System of Florida.

Under the five-year deal, worth USD1 million to Rosslyn, the unit will provide cloud-based analytics to the university system's 12 member universities in Florida.

"We believe that this contract win is further proof of Rosslyn's leading position as a provider of cutting-edge cloud-based data technologies designed to enable everyone in an organisation to easily access and turn complex data into meaningful information," said Rosslyn Chief Executive Officer Charles Clark.

Rosslyn shares were up 12% to 16.58 pence on Wednesday morning, one of the best performers in the AIM All-Share.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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