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SPA 1spatial Plc

60.00
-1.50 (-2.44%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
1spatial Plc LSE:SPA London Ordinary Share GB00BFZ45C84 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -2.44% 60.00 59.00 62.00 62.50 59.50 62.50 87,906 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 30M 1.06M 0.0095 63.68 67.06M

1Spatial Plc First contract with the State of New York

23/05/2022 7:01am

RNS Non-Regulatory


TIDMSPA

1Spatial Plc

23 May 2022

RNS Reach

23 May 2022

1Spatial plc

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

First contract with the State of New York

1Integrate selected to automate data collation and verification

1Spatial, (AIM: SPA), a global leader in Location Master Data Management (LMDM) software and solutions, is pleased to announce it has secured an initial contract with the New York State Office of Internal Technical Services, for the use of 1Integrate software and services. This is the first contract with the State of New York, which, given its population density, provides a gateway to considerable further expansion opportunities.

With 20.2 million residents and 240,000 lane miles of road, the State of New York is the fourth most populous state in the United States. 1Integrate will be used to automate the updating of data received from numerous government entities within state-wide Address and Roads databases, replacing a time-consuming, manual process. This is just one of several data automation and conflation projects currently being considered by the State.

1Spatial has developed several business applications based on its 1integrate rules engine which are applicable across all US states, such as its Next Generation 911 offering, Highway Performance Monitoring Systems and Crash Mapping solutions, providing significant scope for expansion within every State customer.

Claire Milverton, 1Spatial CEO, said:

"We are very excited to be working with the State of New York, for the first time. They will be utilising our software to automate data collation and verification within their state-wide databases, freeing up vital government resources. Whilst this initial contract is modest in size, there are multiple additional areas in which 1Spatial could support the State in the future, including the use of several of its already defined repeatable solutions which are currently in use with other States. This contract is further evidence of the credibility of 1Spatial's software and ability to execute and grow in the US market. "

For further information, please contact:

 
  1Spatial plc                                          01223 420 414 
 Claire Milverton / Andrew Fabian 
 
 Liberum (Nomad and Broker)                             020 3100 2000 
 Neil Patel / Cameron Duncan / Miquela Bezuidenhoudt 
 
 Alma PR                                                020 3405 0205 
 Caroline Forde / Hannah Campbell / Ella Doran          1spatial@almapr.co.uk 
 

About 1Spatial

1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software, solutions and business applications, primarily to the Government, Utilities and Transport sectors via the 1Spatial platform. Our solutions ensure data governance, facilitating the efficient, effective and sustainable operation of customers around the world. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.

Today, when using and sharing trusted data provides significant opportunities for businesses and governments to deliver against important sustainability and Net Zero goals, our vision is clear - to make the world safer, smarter and more sustainable by unlocking the value in data, enabling better decisions and greater insights.

The 1Spatial platform is a comprehensive set of data and system agnostic LMDM software components which helps ensure master data is compliant, current, complete, consistent, and coordinated - and that customers can be confident it will remain that way as it evolves. It allows them to master their data on any device, anywhere, anytime and can be deployed as SaaS in the cloud, on-premise, or as a hybrid of both.

1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.

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END

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(END) Dow Jones Newswires

May 23, 2022 02:01 ET (06:01 GMT)

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