£1.25 million Hospitality Contract Win

RNS Number : 5847O

Smartspace Software PLC

30 January 2019

 

30^th January 2019

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").  Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

SmartSpace Software Plc

("SmartSpace" or the "Company" or the "Group")

£1.25 million Hospitality Contract Win

SmartSpace Software Plc, the leading provider of 'Integrated Space Management Software' for smart buildings, commercial spaces and hospitality, is delighted to announce that it has won a five-year contract with a market leading event management company. This new contract involves the deployment of SmartSpace's event management software platform to a world-class leader of experience days in the UK.

Contract Highlights:

·     The contract is worth approximately £1.25 million inclusive of support and maintenance, licenced over a five-year period

·     SmartSpace's platform will include management and deployment of: 

o  Ticketing management;

o  Event management

o  Analytics

·     This platform will be delivered in the Company's current financial year to 31 January 2019, with a period of configuration in the first half of calendar year 2019

·   This new five-year contract will include the management and support of a number of iconic UK events.

Commenting on the announcement, Frank Beechinor, CEO of SmartSpace said: "I am very pleased to announce a further new contract win, this time in the experience sector. The client is well known for managing major events across the UK. Both businesses share a similar passion for innovation and customer service. Through SmartSpace's platform, we are confident that we will deliver a great VIP guest experience. We look forward to further building on our successful and long-term partnership with the client."

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Enquiries

SmartSpace Software Plc Frank Beechinor (CEO) Bruce Morrison (CFO) Lisa Baderoon (Head of Investor Relations) [e-mail]	via Lisa Baderoon - Head of Investor Relations [phone]
N+1 Singer (NOMAD & Broker) Shaun Dobson, Head of Corporate Finance Lauren Kettle, Corporate Finance	[phone]

About SmartSpace Software Plc

SmartSpace Software plc is a SaaS-based technology business, designing and building smart software solutions. The Company's software solutions in workspace, retail and hospitality help transform employee and customer engagement with modules which include: desk management, meeting room management, wayfinding, car parking, visitor management, frictionless vending, ticketing, loyalty management and analytics.

For more information go to: www.smartspaceplc.com

 

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