SimiGon Wins SIMbox Technology Contract From Florida University

LONDON (Alliance News) - SimiGon Ltd Monday said it has won a contract from the University of Central Florida (UCF) for its SIMbox technology.

Under the deal, the university's Industrial Engineering and Management Systems Simulation Interoperability Lab will use the technology in a simulation test-bed environment.

SimiGon said UCF is the first university to select its technology. It did not provide any financial details on the partnership.

"For our technology to be selected as a development platform by UCF, one of the largest universities in the US, and recognised as the academic leader in the Modeling and Simulation world, is further testimony to the strength of the SIMbox ecosystem we have continually developed and adapted," said SimiGon President and Chief Executive Officer Ami Vizer.

"We look forward to supporting UCF research programs and leveraging this relationship to continue to develop and improve our advanced simulation development technologies," Vizer added.

SimiGon shares were untraded on Monday morning, quoted at 27.50 pence.

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

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