15 Dec 2015 07:00
SCISYS PLC
(SSY: AIM)
Contract Win
SCISYS PLC ('SCISYS'), the supplier of bespoke software systems, IT-based solutions, web and mobile application development and support services to the Defence, Media & Broadcast, Space, Government and Commercial sectors, is pleased to announce it has been awarded a contract by the UK Ministry of Defence to deliver software and services to support Defence Supply Chain Operations and Movements. The contract has a value of £4 million over the next 4 years.
The Ministry of Defence is unique in the UK because of the volume of equipment and supplies it moves outwards across EU borders as exports and which are then returned as imports. Compliance with complex regulations enforced by Her Majesty's Revenue and Customs ('HMRC') is essential, and requires the submission of documentation and the correct payment of relevant duties and taxes. The Customs Compliance Management Information System (CCMIS) will enable the Department to be tax efficient and compliant with HMRC regulations and EU law, as well as meeting the requirements of international defence trade agreements including the US ITAR (International Traffic in Arms Regulations) and DTCT (Defence Trade Cooperation Treaty) arrangements.
The contract scope includes the design and delivery of the CCMIS application and the provision of ongoing hosting and support services.
Mr Andy Whitehead, Divisional Director of Enterprise Solutions & Defence for SCISYS, said:
"We are delighted to add this highly significant project to our Defence portfolio, which helps underpin our growth plans within this most important sector."
Klaus Heidrich, CEO of SCISYS, added:
"Our Enterprise Solutions & Defence division has again proved its ability to win key contracts in tough competition. Congratulations to the team for securing this great success. It underpins our expectations for a solid second half year and also supports recovery and growth ambitions as we move into 2016."
For further information please contact:
SCISYS PLC | +44 (0)1249 466 466 | |
Mike Love | Chairman | |
Klaus Heidrich | Chief Executive Officer | |
Chris Cheetham | Finance Director | |
finnCap (NOMAD & Broker) | +44 (0)20 7220 0500 | |
Julian Blunt | Corporate Finance | |
Mia Gardner | Corporate Broking | |
WalbrookPR Tom Cooper/Paul Vann | +44 (0) 20 7933 8780 +44 (0)797 122 1972 tom.cooper@walbrookpr.com |
About SCISYS:
Employing nearly 450 staff, SCISYS group is a leading developer of Information and Communications Technology services, e-Business, web and mobile applications and advanced technology solutions. The Company operates in a broad spectrum of market sectors including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue chip and public sector organizations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI, AON, Halfords, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and two offices located in Germany. More information is available at www.scisys.co.uk