Crossword Cybersecurity PLC Agreement with Kinnerton Confectionary (2662Q)

TIDMCCS

RNS Number : 2662Q

Crossword Cybersecurity PLC

18 February 2019

18 February 2019

Crossword Cybersecurity plc

AGREEMENT SIGNED WITH BRITAIN'S LARGEST INDEPENDENT MANUFACTURER OF CONFECTIONERY

Crossword Cybersecurity plc (AIM: CCS, "Crossword", the "Company" or the "Group"), the technology commercialisation company focusing exclusively on the cyber security sector, is pleased to announce that it has signed an agreement with Kinnerton Confectionary regarding the use of Crossword's secure Third-party Assurance platform, Rizikon Assurance.

Kinnerton Confectionery is Britain's largest independent manufacturer of chocolate and novelty confectionery specialising in character merchandising. From humble beginnings in 1978, the company has grown to service a range of customers and is proud to be one of the few UK confectionery companies able to offer 'nut safe' chocolate.

Rizikon Assurance is a secure, encrypted portal used by organisations to assure their third parties and suppliers. It contains standard questionnaires on subjects such as cyber security, GDPR, supplier on-boarding, modern slavery and anti-bribery & corruption, and also supports the customer's own question sets and scoring approaches. It improves the scalability, security and auditability of third party assurance and due diligence via automation, centralisation and encryption.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Contacts

 
Crossword Cybersecurity plc                     Tel: [phone] 
                                                 Email: [e-mail] 
Tom Ilube, Chief Executive Officer 
Mary Dowd, Finance Director 
 
Grant Thornton (Nominated Adviser)              Tel: [phone] 
Colin Aaronson / Jamie Barklem /Niall McDonald 
 
Hybridan LLP (Broker)                           Tel: [phone] 
Claire Louise Noyce 
 

About Crossword Cybersecurity plc

Crossword Cybersecurity plc focuses on the development and commercialisation of university research-based cyber security related software and cyber security consulting. The Group's specialist cyber security product development and software engineering teams work with its university partners to develop the research concept into a fully-fledged commercial product that it will then take to market. The Group's aim is to build up a portfolio of revenue generating, intellectual property based, cyber security products. Rizikon Assurance, Crossword's leading product, is a SaaS platform that enables medium to large companies to assess the cyber maturity and GDPR readiness of their suppliers. Crossword's team of expert cyber security consultants leverages years of experience in national security, defence and commercial cyber intelligence and operations to provide bespoke advice tailored to its clients' business needs.

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February 18, 2019 02:00 ET (07:00 GMT)