10 Jul 2023 07:00
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10 July 2023
WANdisco plcΒ
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("WANdisco" or the "Company")
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Contract Renewal
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Tesco Renews Software Support and Maintenance Contract with WANdisco
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Two-year contract renewal to 2025
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WANdiscoΒ (LSE: WAND), the data activation platform, is pleased to confirm the renewal, by Tesco Stores Ltd, of its software support and maintenance contract with WANdisco.
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The renewal runs for a two-year period and is valued at $200,000, covering support and maintenance associated with its usage of WANdisco's Live Data Plane product. The Company expects to recognize revenue from this renewal from Q3 2023.
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The Company continues to endeavour to share with investors news of new contracts and renewals, including those of smaller sizes, in order to communicate the ongoing progress being made in re-engaging with current and prospective customers and positioningΒ WANdiscoΒ for long-term growth and success.
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This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part ofΒ UKΒ domestic law by virtue of theΒ European UnionΒ (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.
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This announcement contains information that qualifies or may qualify as inside information. The person responsible for arranging the release of this announcement on behalf of WANdisco plc is Larry Webster, Company Secretary.
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For further information, please contact:
Β FTI Consulting | Β +44 (0)20 3727 1137 |
Matt Dixon /Β Kwaku AningΒ /Β Tom BlundellΒ /Β Rob Mindell | |
Β StifelΒ (Nomad and Joint Broker) | Β +44 (0)20 7710 7600 |
Fred WalshΒ /Β Richard ShortΒ /Β Tom Marsh | |
Β LiberumΒ (Joint Broker) Β Max JonesΒ / Ben Cryer / Miquela Bezuidenhoudt | Β +44 (0)20 3100 2000 |
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AboutΒ WANdisco
WANdiscoΒ is the data activation platform for accelerating digital transformation at scale.Β WANdiscoΒ makes infinite data actionable across clouds and enterprises in real time.Β WANdiscoΒ customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information aboutΒ WANdisco, visit www.wandisco.com
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