SCISYS PLC Contract Win (3891W)
09 February 2017 - 6:00PM
UK Regulatory
TIDMSSY
RNS Number : 3891W
SCISYS PLC
09 February 2017
The information communicated in this announcement includes
inside information for the purposes of Article 7 of Regulation
596/2014
SCISYS PLC
SCISYS WINS circa EUR1.9m MISSION CONTROL CONTRACT
SCISYS PLC ("SCISYS"; AIM SSY), the supplier of bespoke software
systems, IT-based solutions and support services to the media,
broadcast, space, government, defence and commercial sectors, is
pleased to announce that it has signed a contract for up to EUR1.9m
with GMV, a privately owned technological business group with an
international presence, for the design and implementation of a
mission control system to support the EUMETSAT Polar System
earth-observation programme. This relates to the second generation
of polar-orbiting satellites that will provide weather-prediction
data for national meteorological services during the 2020's and
2030's. Commencing in 2017, the contract is expected to be
delivered by 2021 and underpins current market guidance.
Klaus Heidrich, Chief Executive Officer of SCISYS,
commented:
"We are delighted to be making a significant contribution to
EUMETSAT's EPS-SG programme that will play an important role in
weather forecasting over the coming decades. SCISYS has been, and
still is, at the forefront of the developments in earth observation
satellite systems. This gives us the opportunity to re-use proven
solutions to our customers' benefit and shows the strength of
SCISYS' capabilities and experience in this key area of satellite
missions."
For further information please contact:
+44 (0)1249 466
SCISYS PLC 466
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Mike Love Chairman
--------------------- ------------------- --------------------------
Klaus Heidrich Chief Executive
Officer
--------------------- ------------------- --------------------------
Chris Cheetham Finance Director
--------------------- ------------------- --------------------------
finnCap (NOMAD
& Broker) +44 (0)20 7220 0500
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Julian Blunt Corporate Finance
--------------------- ------------------- --------------------------
Walbrook PR +44 (0)20 7933 8780
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Tom Cooper/Paul
Vann +44 (0)797 122 1972
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tom.cooper@walbrookpr.com
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About SCISYS:
Employing around 500 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, Arqiva, Vodafone, the European Space Agency,
Eumetsat, the BBC, RNLI, AON, Interflora and the National Trust.
The Company has UK offices in Chippenham, Bristol, Leicester and
Reading and German offices located in Bochum, Darmstadt and Munich.
More information is available at www.scisys.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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