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LONDON (Alliance News) - 1Spatial PLC said Monday it has secured a contract with an undisclosed UK transport infrastructure operator to provide its software and services.
The client is undertaking a five-year transformation programme, and as part of this it has chosen 1Spatial to provide a mapping and asset management product, for a total value of GBP500,000.
"We are delighted to announce this new contract win with a key operator of the UK transport infrastructure. The contract endorses our strategy and expertise, demonstrating our ability to work across market segments and different verticals. We look forward to building a close working relationship with this strategic new customer, as they undergo this significant transformation programme, which will be of benefit to the UK transport system," said Chief Executive Officer Marcus Hanke in a statement.
Shares in 1Spatial were down 2.4% at 5.00 pence Monday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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