1Spatial Plc US$2.6m Contract Win with the US State of Michigan (7407P)

TIDMSPA

RNS Number : 7407P

1Spatial Plc

12 June 2020

12 June 2020

1Spatial plc

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

US$2.6m Expansion Contract with the US State of Michigan

1Spatial, (AIM: SPA), a global leader in Location Master Data Management (LMDM) software and solutions, is pleased to announce it has signed a multi-year contract with the State of Michigan ("the State") in the USA, with an initial total contract value of approximately US$2.6m over five years. The contract builds upon a relationship which began in 2018 and will see the State expand its use of 1Integrate, 1Spatial's data management solution, and combine it with 1Data Gateway, 1Spatial's newly launched portal, to provide an easy to use, automated data submission process for the validation and integration of spatial data from the local level up to the State. The contract comprises approximately US$1.5m of services, to be delivered in the first two years of the contract, and US$1.1m of software licences, to be recognised over the five years.

This initiative forms an extension of the Michigan Geographic Framework, which created an official base map for State business needs. Over the next five years 1Spatial will be assisting the State with the move to the enterprise 1Integrate platform to support its Spatial Data Infrastructure (SDI) and to extend it to support such efforts as Next Generation 911 (NG911) for emergency management support. Establishing this robust platform will enable Michigan to provide all partners (both State and Local) with a cohesive, integrated single-source of state-wide data. The ability to automate the submission and cleansing of location data submitted across the State by both State and Local entities will enable government to have access to a more robust set of information to utilise for more informed decision support.

Claire Milverton, CEO of 1Spatial , commented, "This is a significant extension of our existing relationship with the State of Michigan, which will see our 1Data Gateway portal in use across hundreds of organisations, enabling the State to unlock further value from their location data. We believe this model is applicable across all the US States and we are excited to have secured this landmark customer so quickly after the launch of the portal in February this year. The contract adds to our revenue visibility and underlines the size of the addressable market for our Location Master Data Management offering."

For further information, please contact:

 
 1Spatial plc                       01223 420 414 
 Claire Milverton / Nicole Payne 
 
 N+1 Singer                         020 7496 3000 
 Shaun Dobson / Tom Salvesen / 
  Alex Bond 
 
 Alma PR                            020 3405 0205 
 Caroline Forde / Justine James     [e-mail] 
  / Harriet Jackson 
 

About 1Spatial plc

1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software and solutions, primarily to the Government, Utilities and Transport sectors. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.

Today - as location data from smartphones, the Internet of Things and great lakes of commercial Big Data increasingly drive commercial decision-making - our technology drives efficiency and provides organisations with confidence in the data they use.

We unlock the value of location data by bringing together our people, innovative solutions, industry knowledge and our extensive customer base. We are striving to make the world more sustainable, safer and smarter for the future. We believe the answers to achieving these goals are held in data. Our 1Spatial Location Master Data Management (LMDM) platform incorporating our 1Integrate rules engine delivers powerful data solutions and focused business applications on-premise, on-mobile and in the cloud. This ensures data is current, complete, and consistent through the use of automated processes and always based on the highest quality information available.

1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia and Australia. For more information visit www.1spatial.com

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June 12, 2020 02:00 ET (06:00 GMT)