Rosslyn Data Technologies PLC Two Contract Wins (4526F)

TIDMRDT

RNS Number : 4526F

Rosslyn Data Technologies PLC

07 November 2022

7 November 2022

Rosslyn Data Technologies plc

("Rosslyn" or the "Company")

Two Contract Wins

New multi-year contract wins secured through partnerships

Rosslyn (AIM: RDT), the provider of a leading cloud-based enterprise data analytics platform, is pleased to announce the signing of two multi-year contracts, with new blue-chip customers, worth approximately GBP1 million in aggregate over five years.

The new clients comprise:

   --    A multinational aerospace engineering company headquartered in the US 
   --    A global automotive car rental company

Both deals were secured through existing partners, underscoring the value of the Company's partner-led go-to-market approach. One contract was via a strategic systems integrator and one was via a business process outsourcing partner.

Paul Watts, CEO of Rosslyn, said:

"We're pleased to have won these new contracts, which expand our blue-chip customer base and which were all secured through our partner network. During the first six months of our FY23 financial year, we have signed a total of five deals, which represents a strong increase in momentum. With a good pipeline for the rest of the year, and combined with our recent divestments of Langdon Systems and Integritie that will significantly reduce our cash burn, we look to the future with confidence."

Enquiries

 
 Rosslyn 
 Paul Watts, Chief Executive Officer 
  James Appleby, Chairman                +44 (0)20 3285 8008 
                                        -------------------- 
 
 Cenkos Securities (Nominated adviser 
  and Broker) 
                                        -------------------- 
 Stephen Keys/Camilla Hume               +44 (0)20 7397 8900 
                                        -------------------- 
 
 Gracechurch Group (Financial PR) 
                                        -------------------- 
 Harry Chathli/Claire Norbury            +44 (0)20 4582 3500 
                                        --------------------

About Rosslyn Data Technologies plc

Rosslyn (AIM: RDT) provides an award-winning spend analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering

rapid ROI.   For more information visit www.rosslyn.ai

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November 07, 2022 02:00 ET (07:00 GMT)

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