Shearwater Regulatory News (SWG)

RNS REACH

22 July 2019

SHEARWATER GROUP PLC

Brookcourt Solutions secures multi-million pound contract with leading

international bank

Shearwater Group plc, the organisational resilience group, announces that its group company Brookcourt Solutions has secured a multi-million pound contract with a leading FTSE 100 global financial institution for the provision of security and cyber security services.

Under the terms of the contract, Brookcourt Solutions has been commissioned to deliver renewed support for a critical part of the organisation's global security infrastructure over a 3-year period. In addition, Brookcourt Solutions will also implement a security solution utilising technology partner software, which will help defend the financial institution and their clients against the increasing onslaught of advanced threats from the internet.

Phil Higgins, CEO of Shearwater, commented:

"We are delighted to continue our relationship with a leading global financial institution, which now extends to over 12 years.

"This contract win reflects our commitment to long-term partnerships and is a testament to the quality of our managed security services, and the applicability of Brookcourt's security solutions within some of the most technically and regulatory demanding settings."

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About Shearwater Group plc

Shearwater Group plc is an award-winning organisational resilience group that provides cyber security and managed security services to help assure and secure businesses in a connected global economy.

The Group's comprehensive cyber security solutions and services maintain trust between users, provide assurance around the protection of information assets and critical infrastructure, and support organisations' operational effectiveness. Its capabilities include identity and access management and data security, cyber security solutions and managed security services, and security governance, risk and compliance.

The Group is headquartered in the UK with offices in the US, UK and Europe, serving customers across the globe who are active in a broad spectrum of industries.

Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG". For more information, please visit www.shearwatergroup.com.

About Brookcourt Solutions

Brookcourt Solutions deliver cyber security, network monitoring technologies and managed security services to help secure and protect organisations' critical infrastructure.

For more information, please visit www.brookcourtsolutions.com.