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Sector
Technology
Size
Small Cap
Market Cap £74.2m
Enterprise Value £77.3m
Revenue £58.4m
Position in Universe 1063rd / 1830

SCISYS Group PLC - Contract win with major European broadcaster

Wed 14th August, 2019 7:00am
RNS Number : 9433I
SCISYS Group PLC
14 August 2019
 

The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014

SCISYS Group PLC

("SCISYS", the "Group" or the "Company")

Contract win with major European broadcaster

 

SCISYS Media Solutions wins a contract with major European broadcaster

SCISYS Group PLC ("SCISYS" AIM SSY; ESM: SCC), the supplier of bespoke software systems, IT-based solutions and support services to the space, media & broadcast, government, defence and commerce sectors, is pleased to announce that SCISYS Media Solutions GmbH has been awarded a contract from a major European broadcaster for newsroom software, services and training. This contract win adds a strategically important new customer to the SCISYS Media Solutions portfolio and is included in existing market guidance.  

SCISYS Media Solutions will provide an integrated newsroom solution for planning and rundown management. This contracted installation uses the leading OpenMedia INFINITY and NEWSBOARD software solutions. These are developed by SCISYS and used by 75,000 journalists worldwide for clients such as the BBC and the ARD Group.

This contract win further strengthens the position of SCISYS Media Solutions' as the leading supplier of newsroom solutions in Europe.

 

Michael Schuller, Director of SCISYS Media Solutions, said:

 

"This is an important win for SCISYS Media Solutions and we warmly welcome this latest major European customer to the OpenMedia roster. We look forward to working closely with them on this exciting project."

 

 

Klaus Heidrich, CEO of SCISYS, said:

 

"We are delighted with this contract win, which demonstrates that we are leaders in the European market with our premium OpenMedia and NEWSBOARD products for newsrooms and broadcasters."

 

 

 

For further information please contact:

 

SCISYS Group PLC


+44 (0)1249 466 466

Mike Love

Chairman


Klaus Heidrich

Chief Executive Officer


Chris Cheetham

 

Finance Director


finnCap

(NOMAD & AIM Broker)


+44 (0)20 7220 0500

Julian Blunt/James Thompson

 

Andrew Burdis

 

Corporate Finance

 

 

Corporate Broking


Walbrook PR


+44 (0)20 7933 8780

Tom Cooper/Paul Vann


+44 (0)797 122 1972



tom.cooper@walbrookpr.com

Davy (ESM Broker)


+353 1 679 6363

      John Frain


john.frain@davy.ie

 

 

About SCISYS Media Solutions:

SCISYS Media Solutions is the provider of the market-leading software solutions dira! and OpenMedia. Created by the merging of ANNOVA and SCISYS' Media & Broadcast division, SCISYS Media Solutions offers a wide range of professional solutions for innovative media companies in national and international markets.

With more than 75,000 users worldwide and over 20 years of experience in this market segment, SCISYS Media Solutions is a leading full-service provider for the broadcast industry.

 

 

About SCISYS Group:

Employing around 670 staff, SCISYS Group is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions and advanced technology solutions. The Company operates in a broad spectrum of market sectors, including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue-chip and public-sector organisations.

Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Thales Alenia Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, Radio France, RTL, RNLI, Pets at Home, Siemens and the National Trust. The Company's registered office is in Dublin, with UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich. More information is available at www.scisys.co.uk

 

Responsibility

SCISYS Group PLC Directors accept responsibility for the information contained in this announcement.  To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure such is the case), the information contained in this Announcement for which they accept responsibility is in accordance with the facts stated therein and does not omit anything likely to affect the import of such information.

 

 

This announcement has been released by Natasha Laird, Company Secretary, on behalf of the Company.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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