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WANdisco plc announced on 11 July 2023 that it has signed a new one-year contract with FordDirect for its Data Migrator product. The contract is valued at $7,680 and represents the first agreement between WANdisco and FordDirect, secured via WANdisco's partnership with Microsoft.
| Date | 11 Jul 2023 |
| Time | 07:00:05 |
| Category | Corporate updates |
| ID | 6255F |
11 July 2023
WANdisco plc
("WANdisco" or the "Company")
Contract Win
FordDirect signs first contract with WANdisco
WANdisco (LSE: WAND), the data activation platform, today announces a new one-year contract valued at $7,680 with FordDirect for WANdisco's Data Migrator product. Though small in initial value, this is the first contract the Company has signed with FordDirect and has been secured via the Company's partnership with Microsoft. FordDirect is a joint venture between the Ford Motor Company and its franchise dealers and the product will be used to support the organisation's data modernisation programme.
The Company continues to endeavour to share with investors news of new contracts and renewals, including those of smaller sizes, in order to communicate the ongoing progress being made in re-engaging with current and prospective customers and positioning WANdisco for long-term growth and success.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.
This announcement contains information that qualifies or may qualify as inside information. The person responsible for arranging the release of this announcement on behalf of WANdisco plc is Larry Webster, Company Secretary.
For further information, please contact:
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FTI Consulting |
+44 (0)20 3727 1137 |
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Rob Mindell / Kwaku Aning / Tom Blundell / Matt Dixon |
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Stifel (Nomad and Joint Broker) |
+44 (0)20 7710 7600 |
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Fred Walsh / Richard Short / Tom Marsh |
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Liberum (Joint Broker)
Max Jones / Ben Cryer / Miquela Bezuidenhoudt |
+44 (0)20 3100 2000 |
About WANdisco
WANdisco is the data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit www.wandisco.com.