1Spatial Holdings Regulatory News (SPA)

9 October 2024

1Spatial plc

("1Spatial", the "Group" or the "Company")

New US customer secured

Significant $1.4m contract with the US Forest Service

First customer in this sector demonstrates continued progress in the US

1Spatial, (AIM: SPA), a global leader in Location Master Data Management (LMDM) software and solutions, has secured a significant new contract with the United States Forest Service (USFS). This contract marks 1Spatial's expansion into another key federal department, the Department of Agriculture. The initial five-year contract, valued at approximately $1.4m, is expected to generate annual recurring revenue of approximately $0.3m. There is also potential for future expansion.

The USFS is responsible for managing 193 million acres of national forests and grasslands. The agency requires a more accurate data management solution to meet the increasing demands and complexities of data governance. By implementing 1Spatial's solution, the agency will be able to make informed decisions on critical matters such as forest fire management and the preservation of healthy natural habitats for the nation.

1Spatial's solution includes its automated rules engine, 1Integrate, 1Data Gateway, and is one of the first sales of the recently developed Add-in to Esri's ArcGIS Pro system. This innovative solution seamlessly integrates data checking, editing, and submission within the existing Esri ArcGIS Pro interface, eliminating the need for users to navigate separate systems, improving efficiency and productivity by streamlining workflows and enhancing the user experience. These tools will enable the USFS to significantly improve the quality of its geospatial data while ensuring strict adherence to relevant legal requirements.

Commenting on the contract award, 1Spatial CEO, Claire Milverton, said: "We are proud to announce that we have been selected by the US Forest Service to improve their data governance. This significant contract marks a major milestone for our Company, as it represents our first engagement with this federal agency. Our patented rules engine, 1Integrate, combined with our innovative 1Data Gateway for ArcGIS Pro, offers a tailored solution to meet the USFS's specific data management needs. We are confident in our ability to improve data accuracy, expedite processing, and ultimately support the agency's mission of protecting and managing America's forests and grasslands."

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About 1Spatial plc

1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software, solutions and business applications, primarily to the Government, Utilities and Transport sectors via the 1Spatial platform and SaaS offerings. Our solutions ensure data governance, facilitating the efficient, effective and sustainable operation of customers around the world. It allows them to master their data on any device, anywhere, anytime and can be deployed as SaaS in the cloud, on-premise, or as a hybrid of both. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.

We have recently launched two SaaS offerings for which we see considerable potential - NG9-1-1 and 1Streetworks. 1Streetworks automates the production of traffic management plans, diversion routing and asset inventory lists in the UK, producing a comprehensive, site-specific traffic management plan in just a few minutes. Our Public Safety NG-9-1-1 solution combines a powerful rules engine and data aggregator with a self-service cloud platform to support public safety entities with their data readiness needs

1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.

www.1spatial.com