TERN Tern Plc

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 Tern PLC (TERN) 
Tern PLC: Update on DA Strategic Partnership 
 
13-March-2018 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
13 March 2018 
 
          Tern Plc (the "Company", or the "Group") 
 
          Update on Strategic Partnership 
 
 Tern Plc (AIM:TERN), the investment company specialising in the Internet of 
    Things ("IoT"), announces that Device Authority ("DA"), the IoT security 
   business in which Tern has a 56.8% shareholding, has today confirmed that 
  Larsen & Toubro Infotech Limited ("LTI") is the party with whom DA entered 
  into a strategic partnership and which was referred to in Tern's Portfolio 
                    Update announcement of 24 January 2018. 
 
       LTI (NSE:LTI) is a global technology consulting and digital solutions 
 company with over 250 clients, for which DA will provide security solutions 
                    for LTI enterprise customers, pivoting towards IoT. 
 
                    To view the DA announcement, please follow this link: 
               http://info.deviceauthority.com/lti-strategic-partnership [1] 
 
                    Tern CEO, Al Sisto said: 
 
   "We are pleased to finally reveal the identity of DA's strategic partner, 
     which represents a significant digital solutions player. DA's KeyScaler 
 product continues to gain traction with blue chip brands due to its ability 
     to deliver trust, control and compliance for Chief Information Security 
                    Officers." 
 
          - End - 
 
Enquiries 
 
Tern Plc                      via Redleaf Communications 
 
Al Sisto/Sarah Payne 
WH Ireland                    Tel: 0117 945 3470 
 
(NOMAD and joint broker) 
 
Mike Coe/Ed Allsopp 
Whitman Howard                Tel: 020 7659 1234 
 
(Joint broker) 
 
Nick Lovering/Francis North 
Redleaf Communications        Tel: 020 3757 6880 
 
Elisabeth Cowell/Fiona Norman 
 
ISIN:          GB00BFPMV798 
Category Code: MSCH 
TIDM:          TERN 
Sequence No.:  5290 
 
End of Announcement EQS News Service 
 
663093 13-March-2018 
 
 
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=839770787812c09f9d43ee9dc4bc7869&application_id=663093&site_id=vwd_london&application_name=news 
 

(END) Dow Jones Newswires

March 13, 2018 03:02 ET (07:02 GMT)

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