Contract Win in Gaming Sector

RNS Number : 9464T

Synectics PLC

26 March 2019

 

26 March 2019

Synectics plc

("Synectics" or the "Group")

Contract Win in Gaming Sector

Synectics plc (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, announces that it has secured a new contract in the Gaming sector.

Synectics has been awarded a multi-million dollar contract from a new customer to provide its proprietary Synergy 3 software platform to replace the surveillance system in a large, established gaming property in Macau.

The initial phase of the project is expected to be delivered in this financial year, with potential for significant further revenue in the future.

Synectics' performance in Gaming markets has been very strong in the last few years, and is expected to continue.

Paul Webb, Chief Executive of Synectics, commented:

"This new Gaming project demonstrates success built on experience. Having won a series of new-build casino projects in Asia over the last few years, we are delighted that such a major, long established operator in the region has chosen to replace its existing system with the market-proven Synectics solution."

For further information, please contact:

Synectics plc	Tel: [phone]
Paul Webb, Chief Executive	www.synecticsplc.com
email: [e-mail]
Stockdale Securities	Tel: [phone]
Tom Griffiths / Henry Willcocks
Media enquiries:
Intelligent Conversation	Tel: [phone]
Claire Evans
[e-mail]

 

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