Smartspace Software PLC £1.25 million Hospitality Contract Win (5847O)

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RNS Number : 5847O

Smartspace Software PLC

30 January 2019

30(th) January 2019

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

SmartSpace Software Plc

("SmartSpace" or the "Company" or the "Group")

GBP1.25 million Hospitality Contract Win

SmartSpace Software Plc, the leading provider of 'Integrated Space Management Software' for smart buildings, commercial spaces and hospitality, is delighted to announce that it has won a five-year contract with a market leading event management company. This new contract involves the deployment of SmartSpace's event management software platform to a world-class leader of experience days in the UK.

Contract Highlights:

-- The contract is worth approximately GBP1.25 million inclusive of support and maintenance, licenced over a five-year period

   --     SmartSpace's platform will include management and deployment of: 

o Ticketing management;

o Event management

o Analytics

-- This platform will be delivered in the Company's current financial year to 31 January 2019, with a period of configuration in the first half of calendar year 2019

-- This new five-year contract will include the management and support of a number of iconic UK events.

Commenting on the announcement, Frank Beechinor, CEO of SmartSpace said: "I am very pleased to announce a further new contract win, this time in the experience sector. The client is well known for managing major events across the UK. Both businesses share a similar passion for innovation and customer service. Through SmartSpace's platform, we are confident that we will deliver a great VIP guest experience. We look forward to further building on our successful and long-term partnership with the client."

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Enquiries

 
 SmartSpace Software Plc                        via Lisa Baderoon 
  Frank Beechinor (CEO)                          - Head of Investor 
  Bruce Morrison (CFO)                           Relations 
 
  Lisa Baderoon (Head of Investor Relations) 
  [e-mail]                    [phone] 
                                                 496 
 N+1 Singer (NOMAD & Broker) 
  Shaun Dobson, Head of Corporate Finance 
  Lauren Kettle, Corporate Finance              [phone] 
 

About SmartSpace Software Plc

SmartSpace Software plc is a SaaS-based technology business, designing and building smart software solutions. The Company's software solutions in workspace, retail and hospitality help transform employee and customer engagement with modules which include: desk management, meeting room management, wayfinding, car parking, visitor management, frictionless vending, ticketing, loyalty management and analytics.

For more information go to: www.smartspaceplc.com

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January 30, 2019 11:00 ET (16:00 GMT)