TIDMSMRT
RNS Number : 2899C
Smartspace Software PLC
18 June 2021
18 June 2021
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 ("MAR"). Upon the
publication of this announcement via a Regulatory Information
Service ("RIS"), this inside information is now considered to be in
the public domain.
SmartSpace Software Plc
("SmartSpace", the "Company" or the "Group")
NEW MAJOR CUSTOMER WIN 'GATEGROUP' FOR SWIPEDON
Illustrates ongoing strategy of larger corporate clients in
multiple locations
SmartSpace Software Plc, (AIM:SMRT) the leading provider of
'Integrated Space Management Software' for smart buildings and
commercial spaces - 'visitor reception, desks and meeting rooms',
is pleased to announce that it has signed a new international
customer agreement with 'Gategroup' (the "Contract"). The Contract
has been secured by its subsidiary, SwipedOn and will involve the
deployment of the SwipedOn Visitor Management solution across
Gategroup's international estate.
Key highlights to the Contract
-- SwipedOn will initially provide its solutions to 150 sites
with a potential to expand to 200 of Gategroup's locations
globally
-- Deployment will commence immediately in UK, Europe, USA and Australasia
-- 100% of revenues earned from the Contract are expected to be recurring 'SaaS' revenues
Gategroup, headquartered in Zurich, Switzerland, is the global
leader in airline catering, retail-on-board and hospitality
products and services. SwipedOn will provide Gategroup with visitor
management throughout its international network of locations.
The Contract is strategically important and represents a
significant milestone in the evolution of SmartSpace's sales
capability in SwipedOn as the Group increases its focus on larger
clients with a multi-location international presence.
The Contract reinforces current Group forecasts and in the
Board's view, provides a platform for further important wins of
this nature in the future.
Commenting on the announcement, Hadleigh Ford, MD of SwipedOn
said:
"We have been working closely with the Gategroup team over the
last few months. One of the key criteria for Gategroup was to
create a covid-safe environment for their employees, contractors
and customers.
With Nicole Brooky heading up our sales team globally, securing
our first large multi-location single contract deal illustrates
SwipedOn's ongoing focus on securing significant revenue generating
deals."
End
Enquiries
SmartSpace Software Plc via Lisa Baderoon
Frank Beechinor (CEO) - Head of Investor
Kris Shaw (CFO) Relations
Lisa Baderoon (Head of Investor Relations)
LBaderoon@smartspaceplc.com
+44(0) 7721 413
496
N+1 Singer (NOMAD & Joint Broker)
Shaun Dobson, Head of Corporate Finance
Alex Bond, Corporate Finance
Tom Salvesen, Corporate Broking +44 (0)20 7496 3000
Canaccord Genuity (Joint Broker) +44 (0) 20 7523 8000
Adam James
Georgina McCooke
About SmartSpace Software Plc:
SmartSpace Software plc is a SaaS-based technology business,
designing and building smart software solutions. The Company's
software solutions help transform employee engagement with modules
which include visitor management, desk management, meeting room
management and analytics.
The three operating companies in the Group comprise:
-- Space Connect - SaaS meeting room and desk booking (www.spaceconnect.co)
-- SwipedOn - SaaS visitor management, desk booking (www.SwipedOn.com)
-- Anders & Kern - distribution and technical support (www.anders-kern.co.uk)
For more information go to: www.smartspaceplc.com .
About SwipedOn
SwipedOn is on a quest to help businesses across the globe
deliver the safest, most secure, workplace sign in experience
imaginable. They promise to take you from a paper visitor book to a
streamlined contactless solution in under 10 minutes. For more
information, go to: www.SwipedOn.com
About gategroup
Gategroup is the global leader in airline catering,
retail-on-board and hospitality products and services. Gategroup
provides passengers with superior culinary and retail experiences,
leveraging innovation and advanced technology solutions.
Headquartered in Zurich, Switzerland, Gategroup delivers
operational excellence through the most extensive catering network
in the aviation industry, serving more than 700 million passengers
annually from over 200 operating units in over 60
countries/territories across all continents. In 2019, Gategroup
reached CHF 4.9 billion in revenues generated by approximately
43,000 employees worldwide. For further information, please visit
www.gategroup.com.
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