RCS - Tern PLC - Device Authority - Winner of Microsoft Award

TernAnnouncement

28/06/2023 07:00

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RNS Number : 1142E  Tern PLC  28 June 2023

REACH - non-regulatory announcement*

 

28 June 2023

 

Tern Plc

 

("Tern" or the "Company")

Device Authority Winner of 2023 Microsoft Rising Azure Technology Partner of
the Year

Tern Plc (AIM:TERN), the investment company specialising in supporting high
growth, early-stage, disruptive Internet of Things ("IoT") technology
businesses, is pleased to note that Device Authority Limited ("Device
Authority"), a company in which Tern currently holds 53.8% of the equity, has
announced that it has won the Rising Azure Technology 2023 Microsoft Partner
of the Year Award. Device Authority was honored among a global field of
Microsoft partners for demonstrating excellence in innovation and
implementation of customer solutions based on Microsoft technology.

 

Device Authority CEO, Darron Antill commented: "We are delighted that
Keyscaler-as-a-service (KsaaS), our cloud-first approach to automated
end-to-end device security has been recognized with this award. With today's
global supply chains increasingly relying on interconnected devices and the
relaying of timely data to artificial intelligence systems, trust in devices
has never been more important. Because these devices are often located outside
of the secured network environment, they've become a target for bad actors,
and a single disruption to a production line can cost an organization up to 5%
of its annual profits.

 

"Leveraging Azure's capabilities, KSaaS provides an automated and scalable
solution to our customers' device security problems, accelerating their
digital transformation and providing resilience throughout their connected
infrastructure."

 

The Microsoft Partner of the Year Awards recognise Microsoft partners that
have developed and delivered outstanding Microsoft-based applications,
services and devices during the past year. Awards were classified in various
categories, with honorees chosen from a set of more than 4,200 submitted
nominations from more than 100 countries worldwide. Device Authority was
recognised for providing outstanding solutions and services in Global Rising
Azure Technology.

 

The award recognises a technology partner that has demonstrated strong
customer focus and impact by building on Microsoft Azure as their primary
cloud platform and scaling their solution by selling with Microsoft. The
winning partner solution clearly demonstrates the value of repeatable IP and
showcases how technology can solve differentiated value, addresses a unique
market need, and improves the customer experience.

 

The Microsoft Partner of the Year Awards are announced annually prior to the
company's global partner conference, Microsoft Inspire, which will take place
on July 18-19 this year. Additional details on the 2023 awards are available
on the Microsoft Partner blog: https://aka.ms/POTYA2023_announcement. The
complete list of categories, winners and finalists can be found at
https://partner.microsoft.com/en
(https://partner.microsoft.com/en-US/inspire/awards/winners) -
(https://partner.microsoft.com/en-US/inspire/awards/winners)
US/inspire/awards/winners
(https://partner.microsoft.com/en-US/inspire/awards/winners) .
(https://partner.microsoft.com/en-US/inspire/awards/winners)

 

Enquiries

 

 Tern Plc                                                     via IFC Advisory

 Al Sisto (CEO)

 Sarah Payne (CFO)

 Allenby Capital Limited                                      Tel: 0203 328 5656

 (Nominated Adviser and Broker)

 Alex Brearley / Dan Dearden-Williams (Corporate Finance)

 Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

 IFC Advisory                                                 Tel: 0203 934 6630

 (Financial PR and IR)                                        tern@investor-focus.co.uk (mailto:tern@investor-focus.co.uk)

 Tim Metcalfe

 Graham Herring

 Florence Chandler

 

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