The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSynectics Regulatory News (SNX)

Share Price Information for Synectics (SNX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 190.00
Bid: 185.00
Ask: 195.00
Change: 0.00 (0.00%)
Spread: 10.00 (5.405%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 190.00
SNX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Long Term Infrastructure Contract

8 Mar 2022 07:00

RNS Number : 9226D
Synectics PLC
08 March 2022
 

 

 

RNS

 

8 March 2022

 

 

Synectics plc

("Synectics" or the "Company")

 

 

Long Term Infrastructure Contract

 

Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, announces the award of a substantial long-term contract to provide security management software support for the UK energy company, National Grid, across its estate.

 

Synectics' Synergy software platform has been deployed at the National Grid Security Control Centre for a number of years. Synergy provides National Grid with a reliable, robust and scalable command and control solution that enables the centralised monitoring and management of its network of critical infrastructure sites and assets.

 

Following a recent upgrade to the latest version of Synergy software, National Grid has entered into a five-year contract with Synectics to provide software support. Although the total contract value is confidential, Synectics expects to recognise revenue of approximately £600,000 in this financial year, with lesser amounts in each of the remaining years of the contract. The contract also includes provision for further software licences as the system is deployed across additional National Grid sites.

 

Synectic Systems contracts directly with National Grid for the provision of the software whilst first-line on-site support is provided by a small number of selected integration partners.

 

 

Paul Webb, Chief Executive of Synectics plc, commented: "It is really pleasing to see that our focus on building long-term customer relationships is recognised, and that our programme of continuous customer-driven innovation is valued by important customers such as National Grid.

 

"This further expands Synectics' footprint in high-security infrastructure markets, where we have a strongly differentiated product offering."

 

 

For further information, please contact:

Synectics plc

Tel: +44 (0) 114 280 2828

Paul Webb, Chief ExecutiveDavid Bedford, Finance Director

 

email: info@synecticsplc.com

www.synecticsplc.com

 

 

Shore Capital

Tel: +44 (0) 20 7408 4050

Tom Griffiths / David Coaten / Henry Willcocks

 

 

   

Ends

 

About Synectics plc

Synectics (AIM: SNX) is a leader in the design, integration and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets.

Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space and critical infrastructure projects. The Group's expert engineering teams work in partnership with customers to create integrated product and technology solutions, proven in the most complex and demanding operating environments.

Find out more at www.synecticsplc.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTBLGDXIUGDGDR
Date   Source Headline
19th Oct 20052:45 pmRNSOffer Update
19th Oct 200512:11 pmRNSRule 8.3-Quadnetics Group PLC
19th Oct 200510:44 amRNSRule 8.3- Quadnetics Group
17th Oct 200512:15 pmRNSResult of EGM
14th Oct 20051:13 pmRNSRule 8.3- Quadnetics Group
12th Oct 200512:06 pmRNSRule 8.3- Quadnetics PLC
10th Oct 20055:38 pmRNSRule 8.3-Quadnetics Grp-Amend
10th Oct 200511:22 amRNSRule 8.3- Quadnetics Group
6th Oct 20053:48 pmRNSHolding in Company
5th Oct 200512:03 pmRNSRule 8.3-Quadnetics-Amendment
5th Oct 200511:27 amRNSRule 8.3-Quadnetics Group PLC
4th Oct 20059:32 amRNSRule 8.3-Quadnetics Group PLC
30th Sep 20056:06 pmRNSRecommended Offer
29th Sep 200511:55 amRNSRule 8.3- Quadnetics
23rd Sep 20057:01 amRNSRecommended Offer for Protec
15th Sep 20057:04 amRNSFinal Results
8th Sep 20054:10 pmRNSNotice of Results
5th Aug 200511:18 amRNSDirectorate Change
24th Jun 20058:54 amRNSAllotment of shares
21st Jun 200511:22 amRNSAllotment of Shares
23rd May 20054:19 pmRNSHolding in Company
17th May 20054:28 pmRNSDirector Shareholding
16th May 200511:42 amRNSIssue of Shares
4th May 20059:00 amRNSHoldings in Company
3rd May 20052:42 pmRNSDirector Shareholding
22nd Apr 200512:55 pmRNSAcquisition
11th Feb 20054:55 pmRNSHolding in Company
7th Feb 20052:14 pmRNSHolding(s) in Company
31st Jan 20057:01 amRNSInterim Results
24th Jan 20055:21 pmRNSNotice of Results
7th Jan 20054:13 pmRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.