RCS - Acuity RM Group PLC - New Contract win

Acuity RMAnnouncement

05/09/2023 07:00

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RNS Number : 3213L  Acuity RM Group PLC  05 September 2023

This is a non-regulatory announcement

 

5 September 2023

 

Acuity RM Group plc

('Group' or the 'Company')

New Contract win

 

Acuity RM Group plc (AIM:ACRM) is delighted to announce that its wholly owned
operating subsidiary, Acuity Risk Management Limited ('Acuity'), has won a new
one year contract worth £87,000, for the use of Acuity's software platform,
STREAM(®)  by an existing client to manage their cyber security and other
enterprise risks.  This is in addition to their existing contracts.

As identified in previous announcements further opportunities have been and
are being identified within this and other existing private and public sector
clients for further roll outs of STREAM(®).( )

Angus Forrest, Chief Executive of Acuity RM Group plc, said: "As a result of
this high profile client's increasing reliance on STREAM(®) it is likely that
there will be further opportunities within this customer and in related
organisations.  Over the past 12 weeks the importance of cyber security in
both the private and public sectors has been highlighted with an increasing
number of high profile incidents receiving publicity.  One quoted company has
admitted to two breaches this year and the cost of these breaches is
substantial both the financial cost measured in £10s millions in addition
there are significant reputational costs following a publicised breach."

 

Kerry Chambers, CEO of Acuity said: "Safeguarding businesses and their
valuable assets from risks is our core mission. We're delighted to have
secured a significant contract with this existing customer, for delivering
cyber security risk management solutions & services. This accomplishment
reaffirms our dedication to delivering outstanding risk mitigation solutions
that fortify the digital infrastructure of our clients. We're excited about
the increased opportunity to support them through the ever-evolving landscape
of cyber risks. Together, we're paving the way for a future that's safer, more
resilient, and better protected for everyone."

 

 

 For further information please contact:

 Acuity RM Group plc                      www.AcuityRMGroup.com
 Angus Forrest                            +44 (0) 20 3582 0566

 

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management
services. It's award-winning STREAM® software platform, which collects data
about organisations to improve business decisions and management. It is used
by around 70 organisations in markets including government, utilities,
defence, broadcasting, manufacturing and healthcare.

 

The Company is focused on delivering long term, sustainable growth in
shareholder value. In the short to medium term this is expected to come from
organic growth and thereafter may also come from complementary acquisitions.

 

 

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