Drumz Plc Statement re Development at Investee Company

 
TIDMDRUM 
 
12 October 2021 
 
                                  Drumz plc 
 
                          ('Drumz' or the 'Company') 
 
                          Update on investee company 
 
The directors of Drumz plc are delighted that its investee company, Acuity Risk 
Management Ltd ("Acuity"), today will announce a new partnership with United 
States based Agile GRC Solutions Inc ("Agile").  Agile will distribute Acuity's 
award-winning platform STREAMÔ Integrated Risk Manager in North America. 
 
Agile is an established developer, distributor and implementor of automated 
risk management software and governance, risk and compliance ("GRC") 
solutions.  This partnership will provide an innovative alternative to legacy 
GRC tools, allowing organisations to centralise, automate and more accurately 
report on their risk management strategies. 
 
Simon Marvell, chief executive and co-founder of Acuity, said: "We are 
delighted to partner with Agile and look forward to helping US organisations 
better manage their risk. The combined expertise of Acuity and our new partner, 
Agile, provides a great opportunity for us in the US where there is mounting 
regulatory pressure and increasingly complex management frameworks. An 
Integrated Risk Management strategy can provide the necessary clarity to risk 
that US organisations require."  www.acuityrm.com 
 
Rich Gearity, chief executive and founder of Agile GRC Solutions, said: "After 
a comprehensive search of multiple potential GRC product partners, we are 
delighted to partner with Acuity because its core STREAMT offering addresses 
all the major GRC pillars while providing the scalability needed to address the 
regulatory requirements for all industry verticals. Acuity was developed in a 
stringent regulatory environment and Agile GRC is excited to support the North 
American region for Acuity.  With Agile GRC's pool of trusted GRC advisors, GRC 
technical architects, and ability to develop user solutions, combined with 
Acuity's GRC experience we see this as an end-to-end partnership for the North 
American market."  www.agilegrcsolutions.com 
 
Angus Forrest chief executive of Drumz explained: "Acuity is developing 
strategies to increase the pace of expansion and this is a significant step to 
accelerate growth of revenues and customer numbers in the world's largest 
market for risk management software." 
 
 
For further information please contact: 
 
Drumz Plc                                www.drumzplc.com 
 
Angus Forrest                            [phone] 
 
WH Ireland (NOMAD & Broker)              www.whirelandcb.com 
 
Mike Coe / Sarah Mather                  020 7220 1666 
 
Peterhouse Capital Limited (Joint 
broker) 
 
Lucy Williams / Duncan Vasey             020 7469 0936 
 
 
 
END 
 
 

(END) Dow Jones Newswires

October 12, 2021 08:00 ET (12:00 GMT)