ECSC Group PLC Major Contract Wins for MDR Division (4189R)
06 July 2022 - 04:00PM
UK Regulatory
TIDMECSC
RNS Number : 4189R
ECSC Group PLC
06 July 2022
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6 July 2022
ECSC Group plc
('ECSC' or the 'Company' or the 'Group')
Major Contract Wins for MDR Division
ECSC Group plc (AIM: ECSC), the provider of cyber security
services, is pleased to announce three significant contract wins in
its Managed Detection and Response (MDR) division. Sectors
represented are employee online services, shipping, and online
training and assessment services.
ECSC will provide 24/7/365 cyber security monitoring, detection
and response support from the Group's Security Operations Centres
(SOCs) located in the UK and Australia.
The contracts, all of which are for an initial period of three
years, have a combined revenue value in excess of GBP590,000.
Revenues will be recognised throughout the duration of the
contracts.
When combined with a number of recent successful MDR renewals,
the order book at the end of H1 (end June 2022) was GBP2.9m. This
record level of MDR order book represents an increase in excess of
30% compared to the 2021 year end value of GBP2.2m.
Ian Mann, Chief Executive Officer of ECSC, commented:
"We are delighted to report a return to a level of MDR new
service wins comparable to pre-COVID levels. The team has worked
hard to re-establish this pipeline of new business and re-designed
the sales process in recognition of new working patterns within our
clients and prospects. "
Enquiries:
ECSC Group plc
David Mathewson, Non-Executive
Chairman +44 (0) 1274
Ian Mann, Chief Executive Officer 736 223
Allenby Capital (Nominated Adviser
and Broker)
David Hart/Piers Shimwell (Corporate
Finance)
Tony Quirke (Sales and Corporate +44 (0) 203 328
Broking) 5656
Press Enquiries +44 (0) 1274
Clare Macdonald, Marketing Director 736 223
Notes to Editors:
Founded in 2000, ECSC Group plc (AIM: ECSC) is the UK's longest
running full-service cyber security service provider. With an
extensive range of in-house developed proprietary technologies,
including advanced Artificial Intelligence (AI) systems, ECSC
provides expert security breach prevention and advisory support to
organisations across all sectors.
ECSC operates from two Security Operations Centres (SOCs): one
in Yorkshire, UK, and the other in Brisbane, Australia. ECSC offers
flexible 24/7/365 cyber security monitoring, detection, and
response support to its clients, either as a fully managed service
or to enhance an organisation's existing cyber security systems. In
addition, ECSC's Assurance division provides guidance,
certification to industry standards, and extensive testing services
to allow organisations to assess their cyber security
protection.
The Company's broad client base ranges from e-commerce start-ups
to global blue-chip organisations, including 10% of the FTSE
100.
For more information please visit the following:
https://investor.ecsc.co.uk/
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