1Spatial Plc US Contract Wins (6936Q)

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RNS Number : 6936Q

1Spatial Plc

14 September 2017

14 September 2017

1Spatial plc (AIM: SPA)

("1Spatial", the "Company" or the "Group")

1Spatial wins two strategically important US Contracts

Continued growth in key geographic market

1Spatial is pleased to announce that the US Federal Highways Administration (FHWA) has awarded 1Spatial a significant and strategically important contract to provide its automated geospatial data validation software together with spatial consultancy services. The contract is for an initial one year period with an option for FHWA to extend the contract for a further four years.

The US FHWA collects highway information from the individual US State Departments of Transport (DOTs) and feeds this data into the National Data Inventory which is used to determine the extent, usage, condition and performance of the Nation's highways. The information is used for highway needs assessments, transportation performance measures, apportionment of highway funds and for numerous research applications.

The solution from 1Spatial will enable FHWA's to automate the existing, mostly manual, processes to ensure regulatory requirements and compliance are met whilst benefiting the FHWA with improved efficiencies and cost savings.

The initial one year period, covering the initial license and installation, has a contract value of $339k. Should the option to extend be exercised, the total contract value is up to US$540k (including support and maintenance) with the remaining support and maintenance being spread equally over the following four option years.

1Spatial is also pleased to announce that it has won a contract with National Oceanic & Atmospheric Administration (NOAA), a bureau of the U.S. Department of Commerce, to provide Commercial off the shelf (COTS) Enterprise software which integrates with Esri's ArcGIS, together with 1Spatial Training, Consultancy services and ongoing support and maintenance. The initial contract value is US$127k for software and services, plus ongoing $16k per year support and maintenance for four option years. 1Spatial's solution will allow to NOAA to collate various charts and historic data from across NOAA to achieve a true electronic nautical contiguous single map, allowing one version of the truth.

Claire Milverton, Acting CEO of 1Spatial commented:

"With the US market being a key growth target market for us we are delighted to add US Federal Highways and NOAA to our US customer base and very much look forward to working with both organisations on these exciting and beneficial projects. These new wins along with the State of Nebraska and Arizona, earlier in the year, demonstrates that our US business is gaining momentum as 1Spatial builds its customer portfolio and brand and we deliver against our strategy"

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For further information, please contact:

1Spatial plc 01223 420 414

Andrew Roberts / Claire Milverton

FTI Consulting 020 3727 1000

Dwight Burden / Alex Le May

N+1 Singer 020 7496 3000

Shaun Dobson / Lauren Kettle

About 1Spatial

1Spatial plc is a group of market leading software and solutions companies trading under the brands 1Spatial and EnablesIT

1Spatial

1Spatial manages the world's largest spatial data and works with users and creators of the largest geospatial databases, helping them collect, store, manage and interpret location-specific information. 1Spatial's clients include national mapping and cadastral agencies, utility and telecommunications companies, and government departments including emergency services, defence and census bureaus.

A leader in the field, 1Spatial has over forty years' experience and a record of continual innovation and development. Today, with an ever increasing reliance on spatial and location-critical data, demand for our expertise has never been greater.

1Spatial operates globally, and has a portfolio of customers both in the Commercial and Government sector, with headquarters in Cambridge, UK and offices in the US, France, Belgium, Ireland and Australia.

Enables IT

EnablesIT provides IT Managed Services. It offers public, private and hybrid cloud offerings with everything from Backup-as-a-Service through to managed desktops. Their end-to-end IT capability provides everything from consultancy and project management, to the installation of physical infrastructure.

Clients trust Enables IT to manage their systems and secure their data. From Healthcare to Education and from Financial Services to Legal, leading organisations rely on EnablesIT to ensure their IT is an asset, not a liability.

To find our more, visit www.1spatial.com

This information is provided by RNS

The company news service from the London Stock Exchange

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September 14, 2017 02:00 ET (06:00 GMT)