1Spatial Plc HERE Reseller Agreement (1696M)
October 11 2016 - 2:00AM
UK Regulatory
TIDMSPA
RNS Number : 1696M
1Spatial Plc
11 October 2016
11 October 2016
1Spatial plc (AIM: SPA)
("1Spatial", the "Company" or the "Group")
HERE reseller agreement
The Board of Directors of 1Spatial, the global spatial software,
service and data quality company which manages the world's largest
spatial data, is pleased to announce that it has entered into a
reseller distribution agreement with HERE (the "Agreement"), a
leader in navigation, mapping and location experiences.
The Agreement follows the strategic partnership between 1Spatial
and HERE announced on 11 January 2016, under which HERE works with
1Spatial to provide data quality and processing solutions
incorporating selected high quality map data. The Agreement was
formed to fulfil key enterprise account requirements and market
opportunities, bringing multiple benefits to clients and the
market. The initial term of the Agreement runs until 31 August 2017
and automatically renews thereafter for successive twelve-month
periods.
Marcus Hanke, CEO of 1Spatial plc commented:
"After announcing the Strategic Partnership with HERE, we are
pleased that our relationship has extended with our reseller
agreement. The role of reliable data within the automotive industry
continues to be a major issue, but is also a challenge for lots of
adjacent verticals. 1Spatial are uniquely positioned in the
ecosystem to help drive geospatial data technology opportunity and
adoption."
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For further information, contact:
1Spatial plc Tel: +44 (0)1223 420 414
Marcus Hanke/Claire
Milverton
N+1 Singer Tel: +44 (0)20 7496 3000
Shaun Dobson/Lauren
Kettle
FTI Tel: +44 (0)20 3727 1000
Dwight Burden/Alex Le
May
This information is provided by RNS
The company news service from the London Stock Exchange
END
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