SCISYS PLC Contract Win (4549O)
August 21 2017 - 1:00AM
UK Regulatory
TIDMSSY
RNS Number : 4549O
SCISYS PLC
21 August 2017
The information communicated in this announcement includes
inside information for the purposes of Article 7 of Regulation
596/2014
SCISYS PLC
(AIM:SSY)
ANNOVA Systems GmbH wins strategic contract
with German prime news channel
SCISYS PLC ("SCISYS"), the supplier of bespoke software systems,
IT-based solutions and support services to the media &
broadcast, space, government, defence and commercial sectors, is
pleased to announce that its subsidiary, ANNOVA Systems GmbH
("ANNOVA"), has signed a strategic EUR0.8m contract with the German
public broadcaster ARD-aktuell for a cross-media planning portal
for its national prime news programmes, including 'Tagesschau'.
This is a strategic win for ANNOVA, who will develop a portal
for ARD-aktuell based on the ground-breaking, proprietary product
OpenMedia Newsboard. This solution will give its journalists a
powerful web-based tool that bolsters their existing OpenMedia
installation by providing an extended research capability that in
addition covers the entire world wide web and social media
networks.
This project is the second major win by ANNOVA this month and it
further underscores SCISYS' confidence in the current market
guidance. Work will commence in September 2017 and continue for
approximately 18 months.
Klaus Heidrich, Chief Executive Officer of SCISYS,
commented:
"Congratulations to ANNOVA for this second excellent contract
win this month. It is testament to ANNOVA's ability to set trends
with its innovative OpenMedia product, as well as the team's
ability to win new business from new and established customers
alike.
"The innovative OpenMedia Newsboard module opens up a raft of
new opportunities, including joint solutions which further
integrate OpenMedia and SCISYS Media & Broadcast's own dira!
product.
"I am delighted to announce this strategic win as evidence of
the additional momentum that SCISYS is gaining with its activities
in the Media & Broadcast sector."
Michael Schueller, Chief Executive Officer of ANNOVA Systems,
added:
"This is a great success for ANNOVA. It demonstrates our
position as thought leaders and our consistent ability to succeed
in a highly competitive market.
"Talking to the customer, we believe that its decision was
driven by a combination of our innovative technical solution,
competitive price and, importantly, by the sustainable strategic
approach we are taking.
"It will be a great pleasure to further extend our long-term
cooperation with this important customer. Our solution is expected
to deliver a significant increase in efficiency when it comes to
editorial news planning and creation across different media
platforms. We are looking for this to become an exemplar project
for other broadcasters."
For further information please contact:
+44 (0)1249 466
SCISYS PLC 466
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Mike Love Chairman
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Klaus Heidrich Chief Executive
Officer
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Chris Cheetham Finance Director
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finnCap (NOMAD
& Broker) +44 (0)20 7220 0500
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Julian Blunt Corporate Finance
------------------ ------------------- ---------------------------
Mia Gardner Corporate Broking
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WalbrookPR +44 (0) 20 7933
Tom Cooper/Paul 8780
Vann +44 (0)797 122 1972
tom.cooper@walbrookpr.com
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About SCISYS:
Employing around 500 staff, SCISYS group is a leading developer
of information and communications technology services, e-business,
web and mobile applications, editorial newsroom solutions and
advanced technology solutions. The Company operates in a broad
spectrum of market sectors, including Media & Broadcast, Space,
Government and Defence and Commercial sectors. SCISYS clients are
predominantly blue-chip and public-sector organisations. Customers
include the Environment Agency, the Ministry of Defence, Airbus
Defence & Space, Arqiva, Vodafone, the European Space Agency,
EUMETSAT, the BBC, RNLI, Interflora and the National Trust. The
Company has UK offices in Chippenham, Bristol, Leicester and
Reading and German offices in Bochum, Darmstadt and Munich. More
information is available at www.scisys.co.uk.
ANNOVA (www.annova.tv), based in Munich with roots going back to
1989, is a leading supplier of newsroom editorial solutions in the
media sector. It has a robust business model based on its mature
OpenMedia software solution. OpenMedia provides next-generation
newsroom system functionality, enabling story-centric workflows for
news to be created for distribution on any medium. OpenMedia
software licence sales are complemented by the sale of professional
and consultancy services.
This information is provided by RNS
The company news service from the London Stock Exchange
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