11 September 2015
Rosslyn Data Technologies plc
("Rosslyn", the "Company" or the "Group")
Contract Win: Global Mining Company
Rosslyn Data Technologies plc (AIM: RDT), a leading global data technology company announces that Rosslyn Analytics Ltd, the Company's wholly owned subsidiary, has won a significant new contract with one of the world's largest mining companies. This multi year contract has a value of £400,000 to the Company over the contract term.
The client currently has data stored in multiple platforms with inconsistent quality and completeness. This is further complicated by the vast volume of data, the speed at which it is being added and the fact that the client's large and mobile workforce requires access to secure and timely information around the world.
The Directors believe that the client chose Rosslyn's RAPid platform, over alternative products, owing to its speed of deployment, scalability and data transformation capabilities. The Directors also believe that Rosslyn's product will not only solve the client's data challenges but, with the effective distribution of the data, RAPid will also assist the client to achieve a number of strategic objectives including cost reduction, the improvement of operational efficiencies and supply chain risk management.
Commenting on the contract win, Charles Clark, Chief Executive of Rosslyn, said,
''We are very pleased to have won this major contract and it represents a brand new vertical for Rosslyn. It further demonstrates the breadth and depth of the applicability of the platform. The deal gives us presence in this large sector and another client in the Fortune Global 500"
Rosslyn will release its unaudited end of year results on 17th September 2016.
Enquiries:
Rosslyn Data Technologies plc |
Charles Clark, Chief Executive Officer Roger Bullen, Chief Financial Officer |
+44 (0) 20 7138 3204 |
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Blytheweigh - Financial PR |
Tim Blythe |
+44 (0) 20 7138 3205 +44 (0) 7816 924626 |
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Wendy Haowei |
+44 (0) 20 3814 8312 +44 (0) 7595 908886 |
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Cenkos Securities - Nominated Advisor, Broker |
Stephen Keys Mark Connelly |
+44(0)20 7397 8926 |
Notes to Editors
Rosslyn Data Technologies plc, (AIM: RDT), a leading provider of a Cloud-based enterprise data analytics platform, was founded in 2005 by Charles Clark and Hugh Cox. Business Intelligence was ranked first in the top ten technology priorities for Chief Information Officers in 2012 by Gartner. The Company provides analytical services by combining four key technologies: data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers, including Aberdeen Asset Management plc, Babcock Corporate Services plc, Xerox Business Services and Coca-Cola Enterprises, Inc. Rosslyn Data Technologies plc is the ultimate holding company of the Group and owns 100 per cent. of Rosslyn Analytics Limited.
Further information can also be found on the Company's website at: www.rosslynanalytics.com
