FXI.L Regulatory News (FXI)

Fusionex International plc

("Fusionex", "the Company")

GIANT Contract Win

Fusionex International plc (the "Company"), an international provider of software specialising in Analytics and Big Data solutions, is pleased to announce its latest GIANT win for a Smart Government Initiative in Asia. The initiative focuses on immigration and cross border control where Fusionex GIANT will help the authorities analyse data and find insights and patterns for better management.

The customer will be leveraging analytics and data assets to embed richer intelligence in its regulatory processes and systems in order to cultivate more efficient governance and security for its jurisdiction.

This significant multi-year contract marks Fusionex's first win in this new country in Asia, and is expected to open the doors to more opportunities in this new territory.

Ivan Teh, Fusionex Chief Executive Officer, comments: 

"This win not only demonstrates the market opportunities that Fusionex GIANT has, which extends beyond our current markets, but also strengthens our footprint in the arena of Big Data Analytics for Smart Cities and Smart Governments.

Governments across Asia Pacific are showing increasing interests in such initiatives, which will accelerate their Big Data Analytics investments and capabilities. Early adoption of the Internet of Things (IoT) in governments will lead the way for IoT investments, and we look towards this win underpinning our focus in this exciting and niche area.

Fusionex's Big Data Analytics' platform (GIANT), know-how and expertise puts us in a unique position to help our partners and customers overcome virtually any data challenge as well as help them derive great value and success stories."

For further information please contact:

Fusionex