Tern PLC 12 June 2018 Tern Plc ("Tern" or the "Company") Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to note today's announcement from its portfolio company, Device Authority ("DA"), the IoT security business in which Tern has a 56.8% holding. DA has launched its new Software as a Service ("SaaS") delivery model for its IoT security platform KeyScaler(TM). KeyScaler as a Service ("KSaaS") is designed for a variety of IoT service providers and manufacturers who want an easier and de-risked way to deliver best-in-class security and access management solutions for enterprises within the IoT industry. KSaaS is connected through application programme interfacing ("APIs"), allowing faster integration with KeyScaler functionality. It has a range of benefits, providing customers and partners with access to the latest KeyScaler updates in a timely manner. KSaaS also allows partners to leverage their own branded portal and benefit from integrated support, reduced infrastructure costs and to avoid the use of development and operations resources. DA already has a number of partners and customers who are in the process of integrating with KSaaS to provide a higher level of device and data security. As an expert in IoT security, DA continues to develop its technology, enabling partners and customers to focus on their core business without worrying about security. Tern CEO, Al Sisto, said: This is a non-regulatory announcement
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