Contract Win with Global Healthcare Provider

RNS Number : 0807N

1Spatial Plc

27 January 2016

 

27 January 2016

1Spatial plc (AIM: SPA)

("1Spatial" or the "Group")

Contract Win with Global Healthcare Provider

Strategic £3m contract win for Cloud Division

The Board of 1Spatial, the global spatial software, service and data quality company which manages the world's largest spatial data, is pleased to announce that its Cloud Division, has won a new major contract with a global healthcare provider ("the Client"), worth in excess of £3m.

The contract will provide the Client with software, infrastructure and services, which will result in the Client having a greatly enhanced IT platform to support its future business needs. 

Following completion of the contract, expected by September 2016, 1Spatial's Cloud Division will continue to provide the Client with on-going cloud managed services, which delivers strong annual recurring revenues for the Company as well as providing a platform to leverage further sales opportunities throughout the year.

Marcus Hanke, CEO of 1Spatial plc commented:

"We are delighted to announce this new contract win with a global healthcare provider. The contract will provide our Cloud Division with a strengthened foothold in the healthcare market. This win is testament to the quality of services offered by the Division and we look forward to working closely with this specific client. 1Spatial has over 650 clients where it provides software maintenance and support and over 130 managed cloud service clients, we see a significant opportunity to provide our software maintenance and support clients with an end to end managed cloud service encompassing traditional managed service solutions."

For further information, please contact:

1Spatial plc	0203 427 5004
Marcus Hanke / Claire Milverton
FTI Consulting	020 3727 1000
Dwight Burden/Alex Le May/ Karen Tang
N+1 Singer	020 7496 3000
Shaun Dobson / Lauren Kettle

About 1Spatial

1Spatial manages the world's largest spatial big data and works with users and creators of the largest geospatial databases, helping them collect, store, manage and interpret location-specific information,

1Spatial's clients are global and include national mapping and cadastral agencies, utility and telecommunications companies, and government departments including emergency services, defence and census bureaus.

A leader in the field, 1Spatial has over forty years' experience and a record of continual innovation and development. Today, with an ever-increasing reliance on accurate spatial and location-critical data, which enables control, consistency and compliance across an enterprise

 

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