Contract Extension

RNS Number : 6296Y

1Spatial Plc

28 January 2014

 



28 January 2014

1Spatial plc (AIM: SPA)

("1Spatial", the "Company" or the "Group")

1Spatial Awarded £2.08m Contract Extension by Ordnance Survey of Great Britain

1Spatial, the Spatial Big Data Company which manages the world's largest spatial data, is pleased to announce a £2.08m contract extension with Ordnance Survey of Great Britain ("OSGB"). 1Spatial's technology enables Ordnance Survey to enhance its end to end capability to deliver digital products to its customers and partners, making it a more efficient and cost-effective process.

1Spatial supplies software and consultancy services to the Ordnance Survey's Geospatial Data Management System ("GDMS"), managing and servicing large amounts of spatial data. 1Spatial applications integrate seamlessly into Ordnance Survey's daily operations and this enables the organisation to deliver a wide range of authoritative digital mapping products to government, businesses and consumers.

Commenting on the extension, Marcus Hanke, Chief Executive of 1Spatial said:

"We are delighted that Ordnance Survey Great Britain has extended this contract, demonstrating the significant benefits and value our solutions provide to our clients. 1Spatial's applications will enable Ordnance Survey to continue to advance its business model and widen the supply of digital products to its clients.

This is an exciting time for the geospatial sector and we're looking forward to a new phase in our working relationship with Ordnance Survey, as accurate spatial big data becomes essential to many different industries".

Neil Ackroyd, Director of Operations, at Ordnance Survey commented:

"1Spatial has a long and successful relationship with the Ordnance Survey and we are pleased to be able to continue to incorporate 1Spatial applications within Ordnance Survey's operations to further develop our core geospatial capability."

For further information, please contact:

1Spatial plc	0203 427 5004
Marcus Hanke / Claire Milverton
FTI Consulting	020 7831 3113
Sophie McMillan / Lucy Delaney
N+1 Singer	020 7496 3000
Shaun Dobson / Matt Thomas

About 1Spatial

Spatial technology provides the foundations for spatial data management and processing solutions for organisations around the world. Its rules-based approach to capturing, validating, and managing spatial big data enables customers to process and analyse information in a way that traditional technologies do not allow. 1Spatial operates globally, and has a portfolio of customers both in the Commercial and Government sector, with headquarters in Cambridge, UK and offices in Ireland and Australia.  To find out more, visit www.1spatial.com

 

END

 

 

CNTBRMPTMBBTBII