30 Jan 2019 16:00
30th January 2019
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
SmartSpace Software Plc
("SmartSpace" or the "Company" or the "Group")
£1.25 million Hospitality Contract Win
SmartSpace Software Plc, the leading provider of 'Integrated Space Management Software' for smart buildings, commercial spaces and hospitality, is delighted to announce that it has won a five-year contract with a market leading event management company. This new contract involves the deployment of SmartSpace's event management software platform to a world-class leader of experience days in the UK.
Contract Highlights:
· The contract is worth approximately £1.25 million inclusive of support and maintenance, licenced over a five-year period
· SmartSpace's platform will include management and deployment of:
o Ticketing management;
o Event management
o Analytics
· This platform will be delivered in the Company's current financial year to 31 January 2019, with a period of configuration in the first half of calendar year 2019
· This new five-year contract will include the management and support of a number of iconic UK events.
Commenting on the announcement, Frank Beechinor, CEO of SmartSpace said: "I am very pleased to announce a further new contract win, this time in the experience sector. The client is well known for managing major events across the UK. Both businesses share a similar passion for innovation and customer service. Through SmartSpace's platform, we are confident that we will deliver a great VIP guest experience. We look forward to further building on our successful and long-term partnership with the client."
End
Enquiries
SmartSpace Software Plc Frank Beechinor (CEO) Bruce Morrison (CFO)
Lisa Baderoon (Head of Investor Relations) lbaderoon@smartspaceplc.com
| via Lisa Baderoon - Head of Investor Relations
+44(0) 7721 413 496
|
N+1 Singer (NOMAD & Broker) Shaun Dobson, Head of Corporate Finance Lauren Kettle, Corporate Finance | +44 (0)20 7496 3000 |
About SmartSpace Software Plc
SmartSpace Software plc is a SaaS-based technology business, designing and building smart software solutions. The Company's software solutions in workspace, retail and hospitality help transform employee and customer engagement with modules which include: desk management, meeting room management, wayfinding, car parking, visitor management, frictionless vending, ticketing, loyalty management and analytics.
For more information go to: www.smartspaceplc.com