Rosslyn Data Technologies PLC Contract Win (1837O)

TIDMRDT

RNS Number : 1837O

Rosslyn Data Technologies PLC

03 November 2016

3(rd) November 2016

Rosslyn Data Technologies plc

(the "Company", "Rosslyn" or the "Group")

Contract Win

Fortune 100 Company Selects Rosslyn Data Technologies

Rosslyn Data Technologies plc (AIM: RDT), a leading global big data technology company, announces that Rosslyn Analytics Ltd, has secured a two year contract worth over $400,000, $257,500 (GBP200,000) in the first year and $150,000 (GBP125,000) per annum thereafter. The contract has an option to extend beyond the term as well as the capability of having additional professional services added to it during the contract life.

This client is a leading US based global media company which is a household name, having successfully grown organically and through acquisition. The technology landscape in which it operates is complex, covers many geographies and many ERP systems, meaning its data challenges are extremely high. Rosslyn's RAPid platform simplifies how the business consolidates and manages its data and facilitates faster delivery of important information to all decision makers within the firm.

The client is seeking to identify and mitigate an increasing and varying number of risks that it faces as a result of its global operations and market place. The functionality of the RAPid platform will enable the client to bring together data from multiple different sources internally and externally which is key to them achieving their business objectives. At the same time, this rich foundation of information enables the various teams to improve the quality of their data, improve risk management, visualize the issues and identify opportunities that otherwise may have remained hidden.

Roger Bullen, said:

"I am thrilled that Rosslyn has won this high profile client in a competitive and demanding process. Our focus on the US market is starting to deliver a number of opportunities and this extremely important win demonstrates the demand for our services in the US. Being selected by this global company, shows that our RAPid Cloud Analytics Platform is the technology of choice for companies serious about leveraging the value of their data in order to improve business performance. This win underpins the progress we are making in increasing our average annual contract value which is now over GBP75,000 compared to the GBP50,000 at IPO

 
                                               [phone] 
 Rosslyn Data           Roger Bullen,           3203 
  Technologies           Chief Executive        [phone] 
  plc                    Officer                3345 
  Lance Mercereau                              +44(0)7788 
   Marketing Director                           183273 
 
 
 Cenkos Securities 
  - 
  Nominated Adviser,                           [phone] 
  Broker                Stephen Keys            8924 
 
 

Notes to Editors

Rosslyn Data Technologies plc, (AIM: RDT), a leading provider of a Cloud-based enterprise data analytics platform, was founded in 2005 by Charles Clark and Hugh Cox. Business Intelligence was ranked first in the top ten technology priorities for Chief Information Officers in 2012 by Gartner. The Company provides analytical services by combining four key technologies: data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers, including Aberdeen Asset Management plc, Babcock Corporate Services plc, Xerox Business Services and Coca-Cola Enterprises, Inc. Rosslyn Data Technologies plc is the ultimate holding company of the Group and owns 100 percent of Rosslyn Analytics Limited.

Further information can also be found on the Company's website at: www.rosslynanalytics.com

This information is provided by RNS

The company news service from the London Stock Exchange

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November 03, 2016 03:00 ET (07:00 GMT)