SCISYS PLC Contract Win (1574S)

TIDMSSY

RNS Number : 1574S

SCISYS PLC

19 December 2016

The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014

SCISYS PLC

SCISYS WINS CONTRACT TO BUILD THE PAYLOAD OPERATIONS CENTRE FOR THE FRENCH-GERMAN MERLIN CLIMATE MISSION

(SSY: AIM)

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 with Airbus DS GmbH in respect of the Payload Operations Centre (PLOC) for the MERLIN (Methane Remote Sensing LIDAR Mission) satellite's LIDAR instrument. This contract is part of the French-German MERLIN climate mission.

The contract value is EUR3.3m and covers the period from the end of 2016 until the planned launch of the MERLIN satellite in April 2021.

The contribution by SCISYS to the MERLIN mission includes hardware and software elements, as well as central functions of the Payload Operations Centre. This includes important interfaces to the overall satellite ground segment of this joint satellite mission.

Klaus Heidrich, CEO of SCISYS PLC, commented:

"I am delighted with the continued involvement of SCISYS, through its space division, in the MERLIN programme. SCISYS is recognised as a long-term partner to Airbus and the German Space Agency (DLR), and I am very pleased to strengthen our role as a valuable partner of the German national space programme. This is another great achievement for SCISYS and its space division, and further supports the group's positive outlook."

For further information please contact:

 
                                            [phone] 
 SCISYS PLC                                  466 
-----------------------------------------  -------------------- 
     Mike Love         Chairman 
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     Klaus Heidrich    Chief Executive 
                        Officer 
--------------------  -------------------  -------------------- 
     Chris Cheetham    Finance Director 
--------------------  -------------------  -------------------- 
 finnCap (NOMAD 
  & Broker)                                 [phone] 
-----------------------------------------  -------------------- 
     Julian Blunt      Corporate Finance 
--------------------  -------------------  -------------------- 
 

About SCISYS:

Employing nearly 450 staff, SCISYS group is a leading developer of Information and Communications Technology services, e-Business, web and mobile applications 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 two offices located in Germany. More information is available at www.scisys.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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December 19, 2016 02:00 ET (07:00 GMT)