RCS - Rosslyn Data Tech. - Rosslyn wins new multi-year contract

Rosslyn Data TechnologiesAnnouncement

30/01/2023 07:00

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RNS Number : 1751O  Rosslyn Data Technologies PLC  30 January 2023

30 January 2023

 

Rosslyn Data Technologies plc

("Rosslyn" or the "Company")

 

Rosslyn wins new multi-year contract

Long-term contract secured with blue-chip mission critical solutions provider

 

Rosslyn (AIM: RDT), the provider of a leading cloud-based enterprise data
analytics platform, is pleased to announce that it has been awarded a
three-year contract worth £285K in aggregate by a provider of sub-systems and
systems for mission critical situations, which is a new blue-chip customer of
the Company.

 

The customer, which employs c. 4,500 people globally, specialises in providing
application-engineered bespoke solutions for mission critical situations in
the defence, security, critical detection and control markets. It works with
the world's major prime contractors and directly with the US Department of
Defense, UK Ministry of Defence and Australian Department of Defence.

 

The contract is to provide the Rosslyn procurement platform to assist in
managing the customer's supply chain and provide data to empower
decision-making. The new Rosslyn platform, which is based on the Company's
significant experience over 15 years, has been built to handle complex data
landscapes and cater for the most unexpected scenarios, making it well-suited
for the customer's business.

 

Paul Watts, CEO of Rosslyn, said:

 

"We're pleased to have secured another blue-chip customer and under a
multi-year agreement, which strengthens our revenue base. As a solutions
provider for mission critical situations and supplying to the world's largest
defence contractors and government defence departments, our appointment by
this customer is excellent validation of the strength of our platform and the
value it can provide. We are receiving increasing interest in our solution,
which is reflected in our expanded pipeline, and we look forward to continuing
to grow our customer base and build long-term relationships."

 

 

Enquiries

 

 Rosslyn
 Paul Watts, Chief Executive Officer                                                     +44 (0)20 3285 8008

 James Appleby, Chairman

 Cenkos Securities (Nominated adviser and Broker)
 Stephen Keys/Camilla Hume                                                               +44 (0)20 7397 8900

 Gracechurch Group (Financial PR)
 Harry Chathli/Claire Norbury                                                            +44 (0)20 4582 3500

 

About Rosslyn Data Technologies plc

 

Rosslyn (AIM: RDT) provides an award-winning spend analytics and predictive
analytics platform. The Rosslyn Platform helps organizations with diverse
supply chains mitigate risk and make informed strategic decisions. It
leverages automated workflows, artificial intelligence and machine learning to
extract and consolidate procurement data providing visibility of complex
supplier data, enabling supplier spend savings and delivering rapid ROI. For
more information visit www.rosslyn.ai (http://www.rosslyn.ai/)

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