SCISYS Group PLC Contract Win (3578L)
December 24 2018 - 2:00AM
UK Regulatory
TIDMSSY
RNS Number : 3578L
SCISYS Group PLC
24 December 2018
The information communicated in this announcement includes
inside information for the purposes of Article 7 of Regulation
596/2014
SCISYS Group PLC
Contract win: SCISYS receives EUR3m initial orders for Galileo
Ground Segment work
SCISYS Group PLC ("SCISYS" AIM: SSY; ESM: SCC), the supplier of
bespoke software systems, IT-based solutions and support services
to the space, media & broadcast, government, defence and
commerce sectors, is pleased to announce that SCISYS Deutschland
GmbH has received two initial orders with Thales Alenia Space
France for the development and implementation of security-relevant
elements within the Galileo Ground Segment.
The total contract value for both elements is EUR3m and the
initial orders cover the initial work on the GSMC-U and the POCP-U
elements. This contract is awarded under a programme funded by the
European Union and does not alter existing market guidance.
SCISYS' Space division in Germany will develop and deliver the
GSMC-U element, responsible for the implementation of various
security features and mechanisms within Galileo, including the
distribution of configurations to the Point of Contact Platforms
(POCP-U) in member states. SCISYS' Space division in Germany has
also been assigned to develop and deliver the POCP-U element as the
local counterpart in all member states to the Galileo Security
Monitoring Centre (GSMC). The POCP-U will serve as an interface to
the GSMC on national level.
Thales Alenia Space is the prime contractor to the European
Space Agency. This significant order underlines SCISYS Space's
position as an expert for innovative ground segment solutions and
as a long-standing partner of Thales Alenia Space.
Klaus Heidrich, CEO of SCISYS, said:
"We are very pleased with this recent win by our Space division.
It adds to our confidence that the future prospects for the Group
continue to be encouraging. Well done to all the teams
involved."
For further information please contact:
SCISYS Group PLC +44 (0)1249 466 466
Mike Love Chairman
------------------- --------------------------
Klaus Heidrich Chief Executive
Officer
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Chris Cheetham Finance Director
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finnCap
(NOMAD & AIM Broker) +44 (0)20 7220 0500
--------------------------
Julian Blunt Corporate Finance
------------------- --------------------------
Walbrook PR +44 (0)20 7933 8780
--------------------------
Tom Cooper/Paul Vann +44 (0)797 122 1972
--------------------------
tom.cooper@walbrookpr.com
---------------------------------------------- --------------------------
Davy (ESM Broker) +353 1 679 6363
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John Frain john.frain@davy.ie
--------------------------
About SCISYS Group:
Employing around 650 staff, SCISYS Group is a leading developer
of information and communications technology services, e-business,
web and mobile applications, editorial newsroom solutions and
advanced technology solutions. The Company operates in a broad
spectrum of market sectors, including Media & Broadcast, Space,
Government and Defence and Commercial sectors. SCISYS clients are
predominantly blue-chip and public-sector organisations. Customers
include the Environment Agency, the Ministry of Defence, Airbus
Defence & Space, Thales Alenia Space, Arqiva, Vodafone, the
European Space Agency, Eumetsat, the BBC, Radio France, RTL, RNLI,
Pets at Home, Siemens and the National Trust. The Company's
registered office is in Dublin, with UK offices in Chippenham,
Bristol, Leicester and Reading and German offices in Bochum,
Dortmund, Darmstadt and Munich. More information is available at
www.scisys.co.uk.
This announcement has been released by Natasha Laird, Company
Secretary, on behalf of the Company.
The view expressed herein can in no way be taken to reflect the
official opinion of the European Union, the European GNSS Agency
and/or the European Space Agency. Neither the European Union, the
European GNSS Agency nor the European Space Agency shall be held
responsible for any use that may be made of the information it
contains.
The EU emblem can be downloaded at:
http://ec.europa.eu/dgs/communication/services/visual_identity/pdf/use-emblem_en.pdf
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END
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