Location Sciences Group PLC Contract with CACI Limited (7574C)

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RNS Number : 7574C

Location Sciences Group PLC

03 October 2018

3 October 2018

Location Sciences Group PLC

("Locations Sciences" or the "Company")

Contract with CACI Limited

Location Sciences partners with CACI to bring accurate location data to the commercial property sector

Location Sciences Group PLC (AIM: LSAI), the leading mobile location data and intelligence expert, is pleased to announce the signing of a 12 month contract with CACI Limited ("CACI"), the pre-eminent location planning business in Europe, providing CACI's clients with expert knowledge of people and places in order to make the best possible location decisions.

This contract represents a milestone for Location Sciences, which, as well as providing a significant revenue stream for the Company, proves the value of the Company's location data and its applicability to a wide variety of industries.

It also builds on the strong partnership which Location Sciences and CACI have established over the last few months through the delivery of multiple successful projects.

The partnership allows CACI to incorporate Location Sciences' proprietary location data into its wider dataset, to deliver greater accuracy and precision in location data intelligence to its clients, which include many of the largest companies in the UK's retail and property industries. This will include footfall analysis, competitor analysis and catchment area analysis, all in real time and delivered by a centralised dashboard.

Martin Salisbury, Vice President of CACI, commented: "To deliver even richer insight to our property and retail clients, it was essential that we partnered with a company with the appropriate scale, accuracy and GDPR focus. We are therefore delighted to partner with Location Sciences to provide the industry with new levels of location data insight. The response to our early product development has already shown that their data combined with our services portfolio will be very well received by the market."

Mark Slade, CEO of Location Sciences, said: "We are excited to be partnering with the industry leader. This is a fantastic opportunity for our location data intelligence to be leveraged by the property and retail markets. We believe that this is a great starting point from which, in time, we can roll out our offering internationally."

 
 Enquiries: 
 Location Sciences Group PLC    Via Redleaf Communications 
 Mark Slade, Chief Executive 
  Officer 
 David Rae, Chief Financial 
  Officer 
 
 Stockdale Securities Limited   Tel: [phone] 
 Tom Griffiths 
 Ed Thomas 
 
  Redleaf Communications         Tel: [phone] 
 Bob Huxford 
 Fiona Norman 
 

About Location Sciences Group PLC:

Location Sciences helps companies connect the online world with the offline world using mobile location technology data. We combine cutting-edge mobile location data collection with proprietary machine learning analytics to create new value and insights from location information.

Location Sciences is media-agnostic and work with a variety of media, advertising, technology partners - plus the world's biggest brands. Our technology is well positioned to fulfil the need for greater accuracy and accountability in a growing market that is increasingly looking for superior data and verification.

About CACI

CACI offers an unrivalled range of data, marketing and IT solutions to a wide range of industries across both the public and private sectors. Our Integrated Marketing and Location Planning divisions provides data, software and consulting services to improve our clients' sales and marketing programmes. We help clients find, retain and grow profitable customers through our understanding of consumer characteristics and behaviour. And we help commercial property developers and retailers plan retail provision in the UK and overseas.

Our Technology and Network Services divisions provides a range of software, consultancy and managed services to SME and large enterprise clients from across the public and private sector. With our experience and understanding of big data analytics, systems integration, secure cloud and IT networks, we help clients improve operational processes, gain greater insight into their business and reduce costs.

For more information: www.caci.co.uk

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October 03, 2018 02:00 ET (06:00 GMT)