CTC Contract Win

RNS Number : 0723G

Gresham Computing PLC

03 June 2013

3 June 2013

Gresham Computing plc
("Gresham" or "the Company" or "the Group")
CTC Contract Win

Gresham Computing plc, the specialist provider of software based solutions that enable customers to achieve real-time financial certainty in transaction and cash management, is pleased to announce the following contact win.

On 15 May 2013, we announced that the Group was engaged in a number of paid projects with global financial institutions for the deployment of CTC. The Board is pleased to announce that the first of these projects, with a major financial services company in the Asia Pacific region, has moved to signed contract for the purchase of CTC as a platform technology from which to complete a major intersystems reconciliation project.

Chris Errington, CEO of Gresham, commented:

"CTC is a flexible platform technology for the matching and reconciliation of transactions, including: Intersytems, OTCs and Swaps, Exchange Traded Derivatives, Trade and Position, Accounts Receivables, Cash and Reference Data.

I am pleased to see the CTC platform being deployed on this multi-system migration project, providing certainty to the migration and simplifying the customer's business."

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