20 Dec 2018 13:44
The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014
SCISYS Group PLC
Contract win: SCISYS secures £2.4m contract in the defence sector
SCISYS Group PLC ("SCISYS" AIM SSY; ESM: SCC), the supplier of bespoke software systems, IT-based solutions and support services to the space, media & broadcast, government, defence and commerce sectors, is pleased to announce that SCISYS UK Limited has been awarded a contract in the defence sector. This contract is for follow-on-work, continuing a defence project started in 2016 which SCISYS delivered successfully to schedule. The workstreams are software support and configuration management services, coupled with software development and enhancement.
This project is in the arena of Logistics Information Services, and will further SCISYS's expertise in this domain.
The total contract value is £2.4m and will commence this month, continuing until December 2020. This contract win does not alter existing market guidance.
Klaus Heidrich, CEO of SCISYS, said:
"We are delighted with this extension to our order book, which strengthens our position as a respected long-term supplier to the defence sector. Congratulations to all of the teams involved."
For further information please contact:
SCISYS Group PLC | +44 (0)1249 466 466 | |
Mike Love | Chairman | |
Klaus Heidrich | Chief Executive Officer | |
Chris Cheetham
| Finance Director | |
finnCap (NOMAD & AIM Broker) | +44 (0)20 7220 0500 | |
Julian Blunt
| Corporate Finance | |
Walbrook PR | +44 (0)20 7933 8780 | |
Tom Cooper/Paul Vann | +44 (0)797 122 1972 | |
tom.cooper@walbrookpr.com | ||
Davy (ESM Broker) | +353 1 679 6363 | |
John Frain | john.frain@davy.ie |
About SCISYS Group:
Employing around 650 staff, SCISYS Group is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions 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 organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Thales Alenia Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, Radio France, RTL, RNLI, Pets at Home, Siemens and the National Trust. The Company's registered office is in Dublin, with UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk.
This announcement has been released by Natasha Laird, Company Secretary, on behalf of the Company.