REG - 1Spatial Plc - Multi-year contract with Rural Payments Agency

1SpatialAnnouncement

07/12/2021 07:00

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RNS Number : 7387U  1Spatial Plc  07 December 2021

7 December 2021

1Spatial plc

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

 

Multi-year contract with Rural Payments Agency

1Spatial's mobile application to capture real world data for land inspection
programme

 

1Spatial, (AIM: SPA), a global leader in Location Master Data Management
(LMDM) software and solutions, is delighted to announce the award of a £0.6m
multi-year contract with the Rural Payments Agency (RPA) an Executive Agency
of the Department for Environment, Food and Rural Affairs (Defra). The
contract, includes £0.4m in software licenses over two years, adding to the
Group's growing levels of recurring, high margin software revenue, with the
balance consisting of services revenue.

 

An existing customer, RPA will use the 1Edit mobile application, part of the
1Spatial platform, to enable the collection of accurate and correctly
formatted location data by inspectors via mobile devices while out in the
field, as they work to check compliance with Defra schemes. This will enable
compliance to be checked swiftly, ensuring subsidies are paid to landowners
efficiently and without disruption to existing processes.

 

1Edit will be fully integrated with the RPA's Land Management (LMS) and SITI
Agri systems. Its flexible design means it can be used both in the field with
touch screen tablets and survey devices, or as a desktop application in the
office. 1Spatial's patented rules engine, which is core to 1Integrate, is also
a common component in 1Edit.

 

1Spatial has worked with RPA over the past five years to support and develop
its Land Management System, a key control system used as a remote sensing
monitoring tool, and to master the land registration data used for subsidy
scheme validation and agricultural policy implementation.

 

Commenting on the contract award, 1Spatial CEO, Claire Milverton, said: "We
are delighted to be supporting our existing customer RPA and Defra in the
modernisation of their inspections in the field. By using our mobile
technology, which includes 1Integrate as a core component, RPA can be assured
that the location data they are capturing is accurate and compliant with Defra
Schemes. This is another great example of the quality and breadth of the
1Spatial platform and our ability to expand our customer relationships,
layering on additional recurring software revenue."

 

Paul Caldwell, Chief Executive of the Rural payments Agency, said: "Our land
data is a rich source of intelligence and a vital part of our work to
administer our schemes and helps us reduce the burden for farmers. We look
forward to continuing our relationship with 1Spatial."

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit)
Regulations 2019.

 

For further information, please contact:

 

 1Spatial plc                                                       01223 420 414
 Claire Milverton / Andrew Fabian

 Liberum (Nomad and Broker)                                         020 3100 2000
 Neil Patel / Cameron Duncan / Ed Phillips / Miquela Bezuidenhoudt

 Alma PR                                                            020 3405 0205
 Caroline Forde / Justine James / Hannah Campbell / Molly Gretton   1spatial@almapr.co.uk

 

About 1Spatial plc

 

1Spatial plc is a global leader in providing Location Master Data Management
(LMDM) software, solutions and business applications, primarily to the
Government, Utilities and Transport sectors via the 1Spatial platform. Our
solutions ensure data governance, facilitating the efficient, effective and
sustainable operation of customers around the world. Our global clients
include national mapping and land management agencies, utility companies,
transportation organisations, government and defence departments.

 

Today, when using and sharing trusted data provides significant opportunities
for businesses and governments to deliver against important sustainability and
Net Zero goals, our vision is clear - to make the world safer, smarter and
more sustainable by unlocking the value in data, enabling better decisions and
greater insights.

 

The 1Spatial platform is a comprehensive set of data and system agnostic LMDM
software components which helps ensure master data is compliant, current,
complete, consistent, and coordinated - and that customers can be confident it
will remain that way as it evolves. It allows them to master their data on any
device, anywhere, anytime and can be deployed as SaaS in the cloud,
on-premise, or as a hybrid of both.

 

Our domain expertise and data agnostic approach allows us to be an integral
and important part of the Geospatial Ecosystem, supporting the wider digital
economy.  We partner with major technology consultancies and GIS providers
such as ESRI and bring together our people, innovative solutions, industry
knowledge and experience from our extensive customer base to deliver world
class solutions.

 

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

 

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

 

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