Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Synectics Plc LSE:SNX London Ordinary Share GB0007156838 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 137.50 135.00 140.00 137.50 137.50 137.50 12,995 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 44.6 -6.3 -27.7 - 24

Synectics PLC Synectics secures major City of London project

07/04/2021 7:00am

UK Regulatory (RNS & others)


Synectics (LSE:SNX)
Historical Stock Chart


From Mar 2021 to May 2021

Click Here for more Synectics Charts.

TIDMSNX

RNS Number : 5744U

Synectics PLC

07 April 2021

 
  RNS    7 April 2021 
 

Synectics plc

("Synectics" or the "Company")

Synectics secures major City of London project

Further to its announcement of 10 February 2021, Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, announces that it has been awarded a multi-million-pound project by the City of London Corporation and the City of London Police as part of their Secure City Programme. The project, which comprises a large innovative, cloud-based surveillance control system , is expected to be substantially delivered in 2021, with ongoing maintenance and support over five years, and will see Synectics deliver one of the industry's first enterprise-level cloud solutions for public space surveillance.

The Secure City Programme is a joint initiative between the City of London Corporation and City of London Police to significantly improve the safety of Square Mile residents, workers and visitors and make it the safest city area in the world. Synectics will support delivery of a number of the City's Secure City Programme initiatives.

The Synectics initiative will transform situational awareness, identifying risk, prioritising threats, and supporting real-time responsive action, across one of the world's leading financial districts. Using integrated native cloud technology, the solution will bypass traditional dependencies on local hardware storage and meet the City's "Cloud First" objectives.

Synectics will deploy the latest cloud-based capabilities within its Synergy platform, alongside its recording management software and integrated video analytics capability. This Synergy approach will analyse live video surveillance from hundreds of City-owned and third-party camera sources, including other police services and local transport operators, to deliver a new model for real time incident management. Using the newly released Synergy mobile application, the City's central control room will connect over 100 mobile users to enable rapid bi-directional co-ordinated responses in the field.

T/Commander David Evans commented : "Our aim is to ensure the City is the safest city area in the world. Synectics shares our vision for the future of fully integrated public space security and surveillance and we are confident their team can provide a future-proof platform to help us achieve the aims of ourselves and the City of London Corporation."

Paul Webb, Chief Executive of Synectics, added : "We are delighted that the City of London has placed its trust in Synectics to support its Secure City Programme. The City of London is going beyond any other public space project we currently have in operation, using Synergy to deliver the most complete cloud-based video-driven surveillance in a major city centre today.

"Our work with the City is the latest stage in our Synergy platform evolution. Our ability to provide a seamless transition path to hybrid and cloud deployments enables operators to take advantage of cloud benefits in a way that suits their individual security, surveillance and operational management demands. We look forward to working with the City team to bring their vision to reality."

For further information, please contact:

 
 Synectics plc                      Tel: +44 (0) 114 280 2828 
 Paul Webb, Chief Executive 
  David Bedford, Finance Director 
 email: info@synecticsplc.com       www.synecticsplc.com 
 
 Shore Capital                      Tel: +44 (0) 20 7408 4050 
 Tom Griffiths / David Coaten 
  / Henry Willcocks 
 

Ends

About Synectics plc

Synectics (AIM: SNX) is a leader in the design, integration and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets.

Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space and critical infrastructure projects. The Group's expert engineering teams work in partnership with customers to create integrated product and technology solutions, proven in the most complex and demanding operating environments.

Find out more at www.synecticsplc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCEAKLKEAFFEFA

(END) Dow Jones Newswires

April 07, 2021 02:00 ET (06:00 GMT)

1 Year Synectics Chart

1 Year Synectics Chart

1 Month Synectics Chart

1 Month Synectics Chart
ADVFN Advertorial
Your Recent History
LSE
SNX
Synectics
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210518 05:37:06