27 Apr 2017 16:26
SCISYS PLC ("SCISYS")
(AIM: SSY)
RNS REACH ANNOUNCEMENT BY SCISYS
Chippenham, 27th April 2017
SCISYS wins place on key Metropolitan Police Service (MPS) Solution Provider Framework
SCISYS PLC is pleased to announce that SCISYS UK Limited ("SCISYS") has won a place on the Metropolitan Police Solution Provider Framework (SPF).
Following an intense procurement process, SCISYS is one of only seven organisations to win a place on the framework. SPF expect to have a pipeline of £30m from the MPS and can be used by other UK police forces, parts of the Greater London Authority, and by partner organisations such as Transport for London. It is expected that up to 16 projects will be active at any given time and that up to 10 projects will be commissioned annually. The total value of the framework over its four year duration, including all potential participants, is estimated at between £250m and £350m.
Andy Whitehead, SCISYS divisional director said: "This is a potential game changer for SCISYS in the MPS; our long-standing relationship with the MPS gives us a great platform to bring benefits to their business through this new framework. We look forward to discussing their needs and helping the MPS make London the safest global city."
Klaus Heidrich, CEO of SCISYS, added: "Being on MPS's Solution Provider Framework as one of only seven suppliers is excellent news. It shows that SCISYS is a highly regarded player in this market, and underpins our ambition to grow our UK business in this area".
The framework is designed to enhance current arrangements and fill the gap between other government frameworks and lengthier, more complex European procurement processes. In doing so, it provides a rapid route to market while still maintaining ongoing competitiveness.
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 | |
Walbrook PR | +44 (0)20 7933 8780 | |
Tom Cooper/Paul Vann | +44 (0)797 122 1972 | |
tom.cooper@walbrookpr.com |
About SCISYS:
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, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI, Interflora and the National Trust.
Employing around 500 staff, the Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices located in Bochum, Darmstadt and Munich. More information is available at www.scisys.co.uk.