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SCISYS PLC Contract Win

21/08/2017 7:00am

UK Regulatory (RNS & others)


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TIDMSSY

RNS Number : 4549O

SCISYS PLC

21 August 2017

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

SCISYS PLC

(AIM:SSY)

ANNOVA Systems GmbH wins strategic contract

with German prime news channel

SCISYS PLC ("SCISYS"), 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 its subsidiary, ANNOVA Systems GmbH ("ANNOVA"), has signed a strategic EUR0.8m contract with the German public broadcaster ARD-aktuell for a cross-media planning portal for its national prime news programmes, including 'Tagesschau'.

This is a strategic win for ANNOVA, who will develop a portal for ARD-aktuell based on the ground-breaking, proprietary product OpenMedia Newsboard. This solution will give its journalists a powerful web-based tool that bolsters their existing OpenMedia installation by providing an extended research capability that in addition covers the entire world wide web and social media networks.

This project is the second major win by ANNOVA this month and it further underscores SCISYS' confidence in the current market guidance. Work will commence in September 2017 and continue for approximately 18 months.

Klaus Heidrich, Chief Executive Officer of SCISYS, commented:

"Congratulations to ANNOVA for this second excellent contract win this month. It is testament to ANNOVA's ability to set trends with its innovative OpenMedia product, as well as the team's ability to win new business from new and established customers alike.

"The innovative OpenMedia Newsboard module opens up a raft of new opportunities, including joint solutions which further integrate OpenMedia and SCISYS Media & Broadcast's own dira! product.

"I am delighted to announce this strategic win as evidence of the additional momentum that SCISYS is gaining with its activities in the Media & Broadcast sector."

Michael Schueller, Chief Executive Officer of ANNOVA Systems, added:

"This is a great success for ANNOVA. It demonstrates our position as thought leaders and our consistent ability to succeed in a highly competitive market.

"Talking to the customer, we believe that its decision was driven by a combination of our innovative technical solution, competitive price and, importantly, by the sustainable strategic approach we are taking.

"It will be a great pleasure to further extend our long-term cooperation with this important customer. Our solution is expected to deliver a significant increase in efficiency when it comes to editorial news planning and creation across different media platforms. We are looking for this to become an exemplar project for other broadcasters."

For further information please contact:

 
                                          +44 (0)1249 466 
 SCISYS PLC                                466 
---------------------------------------  --------------------------- 
 Mike Love           Chairman 
------------------  -------------------  --------------------------- 
 Klaus Heidrich      Chief Executive 
                      Officer 
------------------  -------------------  --------------------------- 
 Chris Cheetham      Finance Director 
------------------  -------------------  --------------------------- 
 finnCap (NOMAD 
  & Broker)                               +44 (0)20 7220 0500 
---------------------------------------  --------------------------- 
 Julian Blunt        Corporate Finance 
------------------  -------------------  --------------------------- 
 Mia Gardner         Corporate Broking 
------------------  -------------------  --------------------------- 
 WalbrookPR                               +44 (0) 20 7933 
  Tom Cooper/Paul                          8780 
  Vann                                     +44 (0)797 122 1972 
                                           tom.cooper@walbrookpr.com 
---------------------------------------  --------------------------- 
 

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, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Darmstadt and Munich. More information is available at www.scisys.co.uk.

ANNOVA (www.annova.tv), based in Munich with roots going back to 1989, is a leading supplier of newsroom editorial solutions in the media sector. It has a robust business model based on its mature OpenMedia software solution. OpenMedia provides next-generation newsroom system functionality, enabling story-centric workflows for news to be created for distribution on any medium. OpenMedia software licence sales are complemented by the sale of professional and consultancy services.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

August 21, 2017 02:00 ET (06:00 GMT)

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