Contract Win

RNS Number : 9017E

Rosslyn Data Technologies PLC

11 November 2020

 

11 November 2020

Rosslyn Data Technologies plc

("RDT" the "Group")

Contract Win

Rosslyn Data Technologies plc (AIM: RDT), a leading global big data technology company, is delighted to announce that it has won a three-year contract for the implementation and license of a Langdon Excise system.

The client is a major multinational grocery and general merchandise retailer based in the UK and with a significant presence in the Republic of Ireland. The system will provide a comprehensive end to end solution complying with existing legislation and public notices to allow the client to receive, manage and discharge duty suspended shipments from authorised suppliers under the Excise movement and control system (EMCS), as well as to make their own shipments of duty suspended goods to authorised destinations.

The system will also allow stock tracking and visibility at a depot level, and ultimately allow the compliant control and storage of duty suspended goods with non-customs goods in the ROI. The contract is of a size that will not, in itself, have a material impact on the financial performance of the Group but it is considered significant, in that it demonstrates the traction that Langdon Systems is having with large end clients as the country prepares for Brexit.

Rosslyn Chief Executive Officer, Roger Bullen said ;

"This win illustrates the opportunities that have arisen for Langdon Systems as a result of Brexit and our ability, one year after the acquisition of Langdon, to scale up the Langdon business by moving into larger implementations with higher contract values."

Rosslyn Data Technologies plc	Roger Bullen, Chief Executive Officer	[phone] [phone]
	Ash Mehta, Chief Financial Officer	[phone]
Cenkos Securities, Nominated Adviser, Broker	Stephen Keys/Giles Balleny	[phone]

Notes to Editors

Rosslyn Data Technologies plc, (AIM: RDT) is a leading provider of a cloud-based big-data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers.

Further information can also be found on the Company's website at:  www.rosslyndatatech.com

 

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