Contract win with a major UK utility provider

Synectics PLC

17 April 2024

 

17 April 2024 RNS Reach

Synectics plc

("Synectics" or the "Company")

Contract win with a major UK utility provider

Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announces that it has been awarded an £800,000 contract with a new customer - a major UK utility provider - to deliver a multi-site deployment of the Company's proprietary software platform, Synergy (the "Contract").

The Contract, which will be deployed in the Company's current financial year, will see Synergy rolled out in the UK utility provider's main command and control centre, centralising feeds from numerous disparate locations throughout the network into one simple interface. Once installed, operators will be able to detect and respond promptly to potential threats from across the network with seamless efficiency.

Synergy's open architecture allows configuration to the exacting requirements of each individual customer. Furthermore, Synergy incorporates third-party solutions into its platform, ensuring customers continue to benefit from leading solutions as technologies develop and evolve.

Paul Webb, Chief Executive Officer of Synectics, commented:

"We are delighted to have secured this new contract. The flexibility of our software ensures that we can deliver a system that is tailored to each customer, enabling us to deliver sector-specific solutions. We look forward to working with this new customer to streamline and optimise their command and control functionality."

For further information, please contact:

Synectics plc Paul Webb, Chief Executive Officer Amanda Larnder, Chief Financial Officer [e-mail]	Tel: [phone] www.synecticsplc.com
Shore Capital	Tel: [phone]
Tom Griffiths / David Coaten / Rachel Goldstein
Vigo Consulting	Tel: [phone]
Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald [e-mail]

 

About Synectics plc

 

Synectics (AIM: SNX) is a leader in advanced security and surveillance systems that help protect people, property, communities, and assets around the world.

The Company's expertise is in providing solutions for specific markets where security and surveillance are critical to operations. These include gaming, oil and gas, public space, transport, and critical infrastructure.

Synectics has deep industry experience in these markets and works closely with customers to deliver solutions that are tailored to meet their needs. Technical excellence, combined with decades of experience and long-standing customer relationships, provides fundamental differentiation from mainstream suppliers and makes the Company a stand-out in its field.

Find out more at www.synecticsplc.com

 

END