WAND.L Regulatory News (WAND)

3 January 2018 

WANdisco plc

("WANdisco," or the "Company")

LEI: 213800Y1A75RSC698O04

SIGNIFICANT FINANCIAL SERVICES CONTRACT WIN

Record $4.3 million contract secured through IBM OEM partnership

WANdisco (LSE: WAND), the live data company, today announces a record contract win with one of the world's leading financial institutions (the "Client") to deploy the Company's patented live data platform, WANdisco Fusion ("Fusion"), rebranded as IBM Big Replicate, directly to the Client. The agreement, which is the second multi-million dollar contract in the financial services sector secured by WANdisco during 2017, will be delivered through the Company's IBM OEM partnership and is valued at $4.32 million in royalties to be paid to WANdisco.

WANdisco Fusion was selected after an extensive period of testing by the Client and was deemed to be the only enterprise-grade solution able to support critical Cloud and Big Data applications. Fusion will be used to enable the Client to move critical live data seamlessly between both primary and disaster recovery sites and the Cloud whilst ensuring the data is always available.

The Company continues to demonstrate that WANdisco Fusion is the only solution that can enable organisations to seamlessly move large volumes of live data with consistent and continuous availability whilst meeting regulatory requirements. WANdisco's patented technology ensures our customers are able to multiply the impact of their IT investment to support exponential data growth without growing the IT budget.

David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:

"We are delighted to have secured this record contract win, which further endorses our strong credentials within the financial services sector as well as providing additional validation that our IBM partnership is successfully delivering our solutions into very large enterprise customers.

"As a result of Fusion's unique capability, we have developed a significant new business pipeline across multiple industry verticals not only through our partnership with IBM, but via our other channel partners, as we maximise our routes to market."

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About WANdisco

WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business - all the time, at any scale.

WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans - as well as hundreds of customers among the Global 2000 - WANdisco is igniting a Live Data movement worldwide.