1Spatial Plc Strategic Contract Win (6049B)
October 08 2015 - 2:00AM
UK Regulatory
TIDMSPA
RNS Number : 6049B
1Spatial Plc
08 October 2015
08 October 2015
1Spatial plc (AIM: SPA)
("1Spatial" or the "Group")
Strategic Contract Win
The Board of directors of 1Spatial (the "Board"), the global
spatial software and solutions company which manages the world's
largest spatial data, is pleased to announce that it has entered
into a contract with its associate Laser Scan Inc ("LSI") to
provide geospatial solutions to a US Federal Government Agency. The
total value of the contract is US$1 million, a significant
proportion will be delivered by 1Spatial's associate LSI in the
current financial year to January 2016.
This contract win reflects the stronger working relationship
between 1Spatial and its associate LSI and shows progress on the
Group's strategy of building relationships with key government
organisations.
Marcus Hanke, CEO of 1Spatial plc, commented:
"We are delighted with this strategic contract win. It
substantiates our strategic focus around the US market and the
corporate transaction that we undertook with our distributor, LSI
Inc. We continue to invest and align with our strategic partners
and are confident of converting our growing pipeline in the US
market."
For further information, please contact:
0203 427
1Spatial plc 5004
Marcus Hanke / Claire Milverton
020 3727
FTI Consulting 1000
Dwight Burden/Alex Le May/ Karen
Tang
020 7496
N+1 Singer 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 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 spatial and location-critical data,
demand for our expertise has never been greater.
1Spatial operates globally, and has a portfolio of customers
both in the Commercial and Government sector, with headquarters in
Cambridge, UK and offices in France, Belgium, Ireland and
Australia. To find our more, visit www.1spatial.com
This information is provided by RNS
The company news service from the London Stock Exchange
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