REG - 1Spatial Plc - 1Streetworks Contract Win with Kent County Council

1SpatialAnnouncement

01/04/2025 07:15

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RNS Number : 0217D  1Spatial Plc  01 April 2025

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1 April 2025

 

1Spatial plc

("1Spatial", the "Group" or the "Company")

 

1Streetworks £0.5m Contract Win with Kent County Council

 

1Spatial, (AIM: SPA), a global leader in Location Master Data Management
(LMDM) software and solutions, is delighted to announce a third major contract
for 1Streetworks. Following significant wins announced last year, 1Spatial has
secured a new 12-month contract for 1Streetworks with Kent County Council
valued at £0.5m.

 

1Streetworks' cloud-based SaaS solution is the first in the market to fully
automate the production of traffic management plans, diversion routing and
asset inventory lists. It also enables the plans and their location to be
shared with other users on the platform. The cloud-based system can also be
incorporated into existing operational processes with minimal disruption.

 

Kent experiences numerous road closures each year, severely disrupting the
daily lives of its residents. By using 1Streetworks to review road closure
requests and adjust plans to use less disruptive traffic management, it is
estimated that at least a 40% reduction in road closures could be achieved.
This would not only provide economic benefits for Kent but also deliver
positive societal impacts by improving the efficiency and planning of road
closure requests.

 

Commenting on the update, 1Spatial CEO, Claire Milverton, said:

 

"We are delighted to secure our third material contract for 1Streetworks. We
are seeing growing appreciation of the product and its value to customers.
Adoption by a second council will help accelerate growing market awareness of
the benefits it brings. The Board will continue to focus on executing on the
substantial addressable market opportunity."

 

For further information, please contact:

 

 1Spatial plc                                                           01223 420 414
 Claire Milverton / Stuart Ritchie

 Panmure Liberum (Nomad and Broker)                                     020 3100 2000
 Max Jones / Edward Mansfield / Gaya Bhatt

 Cavendish Capital Markets Limited (Joint Broker)                       020 7220 0500

 Jonny Franklin-Adams / Edward Whiley / Rory Sale (Corporate Finance)

 Sunila de Silva (Corporate Broking)

 Alma Strategic Communications                                          020 3405 0205
 Caroline Forde / Hannah Campbell / Kinvara Verdon                      1spatial@almastrategic.com

 

 

About 1Spatial plc

 

1Spatial plc is a global leader in Location Master Data Management (LMDM)
solutions, headquartered in Cambridge with over 1,000 customers around the
world. Our software is used by enterprises and government bodies to make
better business decisions through improved data governance.

 

Our patented rules engine powers a cutting-edge software platform, as well as
a suite of proprietary business applications and SaaS products. Our flexible
deployment options, including cloud-based SaaS, on-premise and hybrid
solutions, are designed to meet our clients' diverse organisational needs.

 

Over the last 12 months, we launched two SaaS offerings with considerable
potential: 1Streetworks which revolutionises traffic management in the UK,
through the automated creation of accurate, compliant and sharable traffic
management plans, diversion routing and asset inventory lists;  and Public
Safety NG-9-1-1 solution, which enables US Cities and Counties to comply with
the latest data regulations around public safety and emergency response.

 

1Spatial plc is AIM-listed, with operations in the UK, Ireland, USA, France,
Belgium, Tunisia, and Australia.

 

www.1spatial.com (http://www.1spatial.com)

 

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