SimiGon Limited Simigon signs BPA with the US DoD
April 18 2019 - 1:00AM
RNS Non-Regulatory
TIDMSIM
SimiGon Limited
18 April 2019
SimiGon Ltd
("SimiGon" or "the Company")
SimiGon signs Blanket Purchase Agreement with the US Department
of Defense
SimiGon (LSE: SIM), a global leader in providing simulation
training solutions, is pleased to announce that SimiGon has signed
a Blanket Purchase Agreement ("BPA") with the U.S. Department of
Defense ("DoD") Enterprise Software Initiative ("ESI"). Under the
BPA, SimiGon and the DoD ESI have established agreed pricing and
processes for government customers to purchase the Company's
products and services.
ESI is an official DoD initiative sponsored by the DoD Chief
Information Officer to both establish and manage enterprise
commercial off-the-shelf IT agreements, assets, and policies. DoD
ESI lowers the total cost of ownership across the DoD, Coast Guard
and Intelligence Communities for commercial software, IT hardware,
and services.
The DoD ESI provides an effective method for approved software
publishers, hardware vendors and service providers to streamline
sales to the DoD ESI customers. The total potential sales amount
for all selected vendors under this BPA is approximately $238.6
million over a period of 10 years commencing 1 April 2019.
SimiGon President and CEO, Ami Vizer, said: "We are delighted to
join DoD ESI under this BPA. Through signing the BPA, SimiGon joins
blue chip technology companies such as IBM, Microsoft, Oracle and
Adobe as an official DoD ESI BPA contract holder.
The BPA is another validation of SimiGon's technology, software
products and business model as a viable solution for Federal
agencies seeking advanced training and simulation solutions for
multiple domains."
Enquiries:
SimiGon Ltd
Ami Vizer, Chief Executive Officer +1 (407) 951 5548
Efi Manea, Chief Financial Officer
finnCap (NOMAD & Broker) +44 (0) 20 7220 0500
Scott Matheison / Matthew Radley (corporate
finance)
About SimiGon
SimiGon (AIM: SIM) is a leading developer and supplier of
distributed simulation solutions for defence and civilian
applications. SimiGon is the creator of SIMbox, a leading PC-based
platform for creating, managing and deploying simulation-based
content across multiple domains. Through its off the-shelf training
solutions for demanding high-skill occupations, SimiGon provides
diverse organizations with faster and more cost-effective training.
SimiGon's growing client base includes blue-chip training and
simulation systems providers as well as air forces and commercial
airlines worldwide. Founded in 1998, SimiGon maintains offices in
Israel and the United States.
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END
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