TIDMWAND

RNS Number : 2712G

WANdisco Plc

05 November 2018

5 November 2018

WANdisco plc

("WANdisco," the "Company" or the "Group")

Contract win

WANdisco (LSE: WAND), the LiveData company, is pleased to announce it has secured a contract with the leading information and communications technology provider in China for its Source Code Management product. The contract is valued at $1 million and was secured directly by WANdisco. The contract represents an expansion of an existing relationship with a key client, and a proportion of the revenue will be recurring in nature.

David Richards, Chief Executive Officer and Chairman of WANdisco, commented:

"The Chinese market represents a significant untapped opportunity for us, in particular through our recently launched product with Alibaba and the enablement of resellers. Our ability to retain and expand key customer relationships illustrates the strength and mission criticality of our products as our market opportunity in China continues to expand."

 
 For further information please contact: 
 WANdisco plc                                     via FTI Consulting 
  David Richards, Chief Executive Officer and 
  Chairman 
  Erik Miller, Chief Financial Officer 
 FTI Consulting 
  Matt Dixon / Harry Staight / Chris Birt / 
  Kwaku Aning                                     +44 (0)20 3727 1137 
 Stifel (Joint Broker and Nomad) 
  Fred Walsh / Neil Shah / Alex Price / Rajpal 
  Padam                                           +44 (0)20 7710 7600 
 Peel Hunt (Joint Broker) 
  Edward Knight / Nick Prowting                   +44 (0)20 7418 8900 
 WH Ireland Limited (Joint Broker) 
  Adam Pollock / Tim Feather                      +44 (0)20 7220 1666

About WANdisco

WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business - all the time, at any scale.

WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans - as well as hundreds of customers among the Global 2000 - WANdisco is igniting a Live Data movement worldwide.

For additional information, please visit www.wandisco.com

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November 05, 2018 02:00 ET (07:00 GMT)

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