Major Contract Wins for MDR Division

RNS Number : 4930O

ECSC Group PLC

01 February 2023

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse (amendment) (EU Exit) Regulations 2019/310. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1 February 2023

ECSC Group plc

('ECSC' or the 'Company' or the 'Group')

Major Contract Wins for MDR Division

ECSC Group plc (AIM: ECSC), the provider of cyber security services, is pleased to announce three significant contract wins in its Managed Detection and Response (MDR) division. Sectors represented are food retail, leisure and utilities.

ECSC provides 24/7/365 cyber security monitoring, detection and response support from the Group's Security Operations Centres (SOCs) located in the UK and Australia.

The contracts, all of which are for an initial period of three years, have a combined revenue value in excess of £690,000. Revenues will be recognised throughout the duration of the contracts.

Matthew Briggs, Chief Executive Officer of ECSC, commented:

"We are delighted to start the year with a number of significant MDR new service wins.  The wins support what we're seeing in the market place, with cyber security now very much seen as a priority risk at board level.  The team has worked well to adapt to the re-designed sales process for our MDR division, supporting and educating clients at both a technical and non-technical level, meaning all stakeholders understand the options available to them, reinforcing our trusted advisor status."

Enquiries:

ECSC Group plc Ian Mann, Executive Chairman Matthew Briggs, Chief Executive Officer	[phone]
Allenby Capital (Nominated Adviser and Broker) David Hart/Piers Shimwell (Corporate Finance) Tony Quirke (Sales and Corporate Broking)	[phone]
Press Enquiries Clare Macdonald, Marketing Director	[phone]

Notes to Editors:

Founded in 2000, ECSC Group plc is the UK's longest running 'full-service' cyber security service provider.  ECSC provides expert security breach prevention, detection and response support to organisations across all sectors.

ECSC operates from two Security Operations Centres (SOCs): one in Yorkshire, UK, and the other in Brisbane, Australia.  ECSC MDR Division offers flexible 24/7/365 cyber security managed detection, and response support to its clients.  The Assurance Division provides guidance, certification to industry standards, and extensive testing services to allow organisations to improve, and demonstrate, their cyber security effectiveness.

The Company's broad client base ranges from e-commerce start-ups to global blue-chip organisations, including 10% of the FTSE 100.

For more information please visit the following: https://investor.ecsc.co.uk/

 

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