Shearwater Group PLC Contract Renewals
27 January 2022 - 6:00PM
RNS Non-Regulatory
TIDMSWG
Shearwater Group PLC
27 January 2022
27 January 2022
RNS Reach
Shearwater Group PLC
("Shearwater", or the "Group")
Contract Renewals
Brookcourt Solutions secures two contract renewals with a
leading Global Financial Organisation
Shearwater Group plc (AIM: SWG), the organisational resilience
group that provides cybersecurity, advisory and managed security
services, is pleased to announce that its group company, Brookcourt
Solutions, has secured two contract renewals with a leading Global
Financial Organisation.
The first renewal, a one year contract totalling over $1.1m sees
Brookcourt Solutions continuing to be the supplier of choice to
support and deliver a complex security software solution; Real Time
Visibility for big data, that will actively contribute to enhancing
security and compliance within the organisation.
The second contract renewal, a 16 month contract has a value of
c. GBP450k. The renewal, for Insider Threat Management Software,
appoints Brookcourt Solutions to continue to support and assist in
the delivery of this cyber security software that will actively
contribute in helping the bank detect, investigate and prevent
potential insider threat incidences with real-time alerts.
Under both of these contract renewals, Brookcourt Solutions
services will actively support this global banking organisation
enhance their organisational resilience and cyber security
position.
Phil Higgins, Group Chief Executive Officer of Shearwater,
commented:
"These contract renewals with a leading global financial
organisation represent yet another endorsement of Shearwater as a
supplier of choice able to continue to leverage and deploy our deep
understanding of best-in-class technologies for clients in the
financial sector, which recognises the rising importance of
maintaining vigorous cyber and security operations."
Enquiries:
Shearwater Group plc www.shearwatergroup.com
David Williams c/o Alma PR
Phil Higgins
Cenkos Securities plc - NOMAD and
Joint Broker
Ben Jeynes / Max Gould - Corporate
Finance
Julian Morse / Michael Johnson
- Sales +44 (0) 20 7397 8900
Berenberg - Joint Broker
Matthew Armitt / Mark Whitmore +44 (0) 20 3207 7800
Alma PR shearwater@almapr.co.uk
Susie Hudson / Caroline Forde / +44 (0) 20 3405 0205
Joe Pederzolli
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About Shearwater Group plc
Shearwater Group plc is an award-winning group providing cyber
security, managed security and professional advisory solutions to
help create a safer online environment for organisations and their
end users.
The Group's differentiated full service offering spans identity
and access management and data security, cybersecurity solutions
and managed security services, and security governance, risk and
compliance. Its growth strategy is focused on building a scalable
group that caters to the entire spectrum of cyber security and
managed security needs, through a focused buy and build
approach.
The Group is headquartered in the UK, serving customers across
the globe across a broad spectrum of industries.
Shearwater shares are listed on the London Stock Exchange's AIM
under the ticker "SWG". For more information, please visit
www.shearwatergroup.com.
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END
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