Appointment of Distributor in USA

RNS Announcement

RNS Number : 0011W

Maestrano Group PLC

20 April 2021

Maestrano Group PLC ("Maestrano" or the "Company")

Maestrano appoints Distributor in USA

Maestrano Group PLC (AIM: MNO), the Artificial Intelligence platform for transport corridor analytics, announces the appointment of Mechanical Testing, Inc. (MTI) as a distributor for its Nextcore products in the USA.

MTI is a New York-based provider of drone services for the construction industry. Their addition to the Nextcore distribution network means there are now 16 Nextcore distributors internationally.

Nextcore provides high accuracy LiDAR (Light Direction and Ranging) from moving drone airframes, processing and delivering rich and usable data directly to surveyors, planners, constructors and maintainers.

Nick Smith, CEO, Maestrano, said:

"As the construction industry re-emerges from COVID-19 slowdowns, firms are eager to put in place the technology to enable increasing volumes of work. Using drone-based LiDAR can greatly improve the efficiency of building commissioning and Nextcore's secure and trusted products are ideal for North American constructors."

About MTI

Mechanical Testing, Inc. (MTI) is a US federal (WOSB) and New York state (NYSWBE) certified woman owned, independent ACG, AABC, TABB and NEBB contractor. MTI brings over five decades of building commissioning knowledge and expertise to each project, large or small. MTI's main goal is to provide our clients with "Full Project Awareness" by providing reliable and repeatable TAB, commissioning and drone services for the construction industry, driven by data.

mechtest.com

Enquiries:

Maestrano Group plc

Nick Smith, CEO c/o Arden Partners

Arden Partners (Broker / Nominated Adviser)

Ruari McGirr / Richard Johnson / Akhil Shah +44 (0)20 7614 5900

About Maestrano

Maestrano offers a patented cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

Further information on the Company is available at: www.maestrano.com

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RNS metadata

Title: Appointment of Distributor in USA
Time: 07:00:04
Date: 20 Apr 2021
Category: Miscellaneous
ID: 0011W