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RNS Number : 3586V

Avanti Communications Group Plc

08 April 2019

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the publication of this announcement, the inside information is now considered to be in the public domain for the purposes of MAR.

 

 

Avanti Communications Group plc

 

Avanti Communications Signs Long Term Bandwidth Contract with Turksat

 

 

Avanti Communications (AIM: AVN), ("Avanti" or the "Company"), a leading provider of satellite data communications services in Europe, the Middle East and Africa, has signed a long term bandwidth contract with the Turkish communications satellite operator Turksat.

 

Under the contract, Turksat will commit to 1.8 ghz of capacity on Hylas 2 for the next three years with an option to extend for a further 12 months. The contract will commence on 1 June 2019 and revenues will be spread evenly across the life of the contract.

 

Kyle Whitehill, Chief Executive Officer, Avanti Communications said:  "We are delighted to have been able to provide this capacity to Turksat which will cover the whole of Turkey. This is a significant amount of capacity on HYLAS 2 and demonstrates the demand in the regions in which Avanti operates."

 

Cenk Şen, Chief Executive Officer, at Turksat continued: "We are very happy about our partnership with Avanti, as Turksat is a global player in satellite market, this agreement will enable each partner to grow their business significantly with providing high quality solutions to different organisations with a seamless connection."

 

 

 

For further information, please contact:

 

Avanti	Nigel Fox Tel: +44 (0)207 749 1600
Cenkos (Nomad)	Max Hartley/Katy Birkin Tel: +44 207 397 8900
Newgate Communications	Ralph Anderson Tel: +44 20 3757 6883

 

Notes to Editors:

 

About Turksat

 

Türksat Uydu Haberleşme Kablo TV ve İşletme A.Ş. ("Türksat") is one of the world's leading companies providing all sorts of satellite communications through the satellites of Türksat as well as the other satellites. Türksat currently operates three satellites and with its recent investments Turksat will operate six satellites by 2021. Providing services for voice, data, internet, TV, and radio broadcasting through the satellites across a wide area extending from Europe to Asia, Türksat is able to provide flexible solutions aimed at customers' needs in regions where no terrestrial infrastructure is available. Bringing different languages and cultures together by means of its global solutions in satellite communications, Türksat provides cable broadcasting services as well for its domestic subscribers through its existing cable infrastructure. Furthermore, Türksat operates the e-Government Portal within the scope of its information services and conducts projects for the provision of public services electronically.

 

About Avanti Communications

Avanti connects people wherever they are – in their homes, businesses, in government and on mobiles. Through the HYLAS satellite fleet and its partners across 118 countries, the network provides ubiquitous internet service to a quarter of the world's population. Avanti delivers the level of quality and flexibility that the most demanding telecoms customers in the world seek.

 

Avanti is the first mover in high throughput satellite data communications in EMEA. It has rights to orbital slots and Ka-band spectrum in perpetuity that covers an end market of over 1.7bn people.

 

The Group has invested $1.2bn in a network that incorporates satellites, ground stations, datacentres and a fibre ring.

 

Avanti has a unique Cloud-based customer interface that is protected by patented technology.

 

Avanti Communications is listed in London on AIM (AVN: LSE).

www.avantiplc.com 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

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RNS Number : 8032U

Sativa Investments PLC

02 April 2019

 

 

Press Release

2nd April 2019

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

 

Sativa Investments PLC

 

 ("Sativa" or "the Company")

 

Sativa begins cannabinoid research with King's College London 

               

Sativa Investments PLC (NEX: SATI), the UK's first medicinal cannabis investment vehicle, has entered into a research agreement with King's College London ("the College") to research the impact of cannabinoids on inflammation and respiratory diseases. 

 

The research will be led by Professor Clive Page OBE PhD Professor of Pharmacology at King's College London.  Professor Page is a world authority on the pharmacology of inflammation and respiratory disease, having published over 250 scientific papers.  He is a Fellow of the Royal Society of Biology and the British Pharmacological Society, and was awarded an OBE in 2017 for his "Services to Pharmacology." 

 

Sativa, which has a medicinal cannabis grower's licence in process through the Home Office Drugs Licensing and Compliance Unit, will, subject to regulatory consent, supply the university, to order, with specific strains of cannabis plants that contain various combinations of the spectrum of at least 113 known cannabinoids.  The Company is able to provide this service through a combination of its commercial agreement with investee business Canada-based Veritas Pharma Inc., which specialises in identifying the optimum cultivation of various strains, and Sativa's own on-site and highly successful testing facility, PhytoVista Laboratories, that has already undertaken over 1,000 forensic tests relating to a wide variety of cannabinoids, and is accredited and recommended by the UK's Cannabis Trades Association ("CTA"). 

 

Geremy Thomas, founder and Chief Executive Officer of Sativa Investments, said: "With the UK catching up fast in terms of recognising the benefits of medicinal cannabis, in-country research from the globally-recognised King's College London will assist the medical profession, Government and Regulators in their deliberations. 

 

"As the UK's first medicinal cannabis investment vehicle, Sativa remains at the forefront of this fast-developing sector, which effectively mirrors what has been happening in North America since medicinal cannabis was first legalised in Canada in 2001, more than 17 years ago,"

 

The Directors of the Company accept responsibility for the contents of this announcement. 

 

–  Ends –

 

For further information please contact:

 

Geremy Thomas Founder & Chief Executive Officer Sativa Investments PLC +44 (0) 20 7971 1255 [email protected]	Joseph Colliver Chief Financial Officer Sativa Investments PLC +44 (0) 20 7971 1255 [email protected]
NEX Exchange Corporate Adviser Guy Miller and Lucy Williams Peterhouse Capital Limited  +44 (0) 20 7469 0930 [email protected]

 

Financial PR and IR Abchurch Communications Julian Bosdet / Dylan Mark / Alejandra Campuzano Abchurch Switchboard [email protected]

+44 (0) 20 7469 4633 / 4634     +44 (0) 20 7469 4630 www.abchurch-group.com

 

 

Notes to Editors

Sativa invests in well-placed ventures within the dynamic regulatory environment of the Medicinal Cannabis sector. The Company's pan-European, end-to-end, seed-to-consumer investment strategy focuses on the production, testing and compliance, research and development, including pharmacology, commercialisation and sales and marketing of Medicinal Cannabis in jurisdictions where it is regulatorily permitted.  Sativa has committed to an independent legal review prior to each investment to verify compliance with the prevailing regulatory environment. 

The Company's equity interest in an investment may range from a minority position, to a controlling interest, or to 100 per cent ownership.  The ventures that Sativa acquires can either be public or private.

 

Sativa Investments has already made six investments to date, these being Canada-based and dual-listed emerging pharmaceutical company, Veritas Pharma Inc. ("Veritas Pharma" or "Veritas"), CSE-listed Toronto-based Pharma-Tech company Rapid Dose Therapeutics Inc. ("RDT"), which owns the patent-pending proprietary QuickStrip™ technology, UK-based CBD products provider George Botanicals Ltd (of which Sativa has 100 per cent ownership), PhytoVista Laboratories (of which Sativa also has 100 per cent ownership), a UK testing laboratory meeting the need for regulatory and batch testing of products such as CBD oil, a joint venture with Germany's Lexamed GmbH, and an option on a 7.53-acre development site in Wiltshire with the potential to build a glasshouse for growing raw cannabis for medicinal and CBD use. 

 

Sativa is also focussed on researching and developing medicinal cannabis products by funding university research grants of medicinal cannabis through its Sativa Foundation.

The Company's Board and Medicinal Cannabis Advisory Board have a combined 60 years' industry experience, with significant pharmaceutical strength and experience and extensive contacts in the industry, which includes pharmacologist Sir Alasdair Breckenridge, who liaises with the Home Office and the Medicines and Healthcare products Regulatory Agency, which he has chaired, for the legalisation of medicinal cannabis in the UK  Their extensive skills range from capital fund raisings, medical research, and start-ups, to pharmaceutical development. 

For more information on Sativa Investments, please visit: www.sativainvestments.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

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RNS Number : 0820T

EU Supply PLC

18 March 2019

 

18 March 2019

EU Supply plc

("EU Supply", the "Company" or the "Group")

 

Contract win

 

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has signed a contract with a service provider that facilitates cost effective services and solutions for collaboration and information sharing within the oil and gas sector for the delivery of some initial services for their supplier qualifications.

 

Commenting, Thomas Beergrehn, CEO of EU Supply, said:

"We are pleased to announce the signing of this maiden agreement in the oil and gas sector. It is a sector with significant needs in both qualification, tendering, contract management and risk management. We believe this first inroad in the oil and gas sector may lead to considerable additional business in the next three years."

 

 

FURTHER ENQUIRIES

EU Supply PLC Tel: 020 7127 4545 Thomas Beergrehn, CEO   Fredrik Wallmark, CFO       Stockdale Securities Tel: 020 7601 6100 Tom Griffiths, David Coaten

 

A copy of this announcement is available at www.eu-supply.com.

 

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

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RNS Number : 8065R

EU Supply PLC

05 March 2019

 

5 March 2019

EU Supply plc

("EU Supply", the "Company" or the "Group")

 

Contract wins

 

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce strong demand in its target markets for 2019.

 

In particular, the Company has been awarded the following contracts with new clients in both Denmark and Germany:

·     A new procurement service provider in Denmark, which is live with the Company's CTMTM solution.

·     Two new clients in the Danish public sector, which were awarded following competitive tender processes, both of which migrated from a competitor's solution and are live with the Company's CTMTM solution.

·     Two new clients in Germany, one of which is now live with Company's CTMTM solution.

 

In addition, the Group has configured its solution for use in the tendering process for the Femern Tunnel, which is proposed to connect Denmark and Germany and is believed will become the longest combined rail and road tunnel worldwide. The overall construction phase is expected to be 8 to 9 years. Some of Europe's largest contractors and contract managers are expected to be involved. The first tenders for the project have been published on the Company's CTMTM platform.

 

FURTHER ENQUIRIES

EU Supply PLC Tel: 020 7127 4545 Thomas Beergrehn, CEO   Fredrik Wallmark, CFO       Stockdale Securities Tel: 020 7601 6100 Tom Griffiths, David Coaten

 

A copy of this announcement is available at www.eu-supply.com.

 

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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Neville Registrars is delighted to welcome Modern Water plc as the newest addition to its list of client companies.

 

Modern Water plc is an AIM listed Water Technology Group that was established in 2006 by IP Group Plc to develop and commercialise IP and technologies related to the treatment of water. It has spent £20m over last 12 years developing a portfolio of over 100 patents and cutting-edge technology focussed on making the treatment and recycling of water more efficient.

 

Further information can be found on the Company's website: https://www.modernwater.com/

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RNS Number : 6757R

FireAngel Safety Technology Group

04 March 2019

 

4 March 2019

FireAngel Safety Technology Group plc

('FireAngel' or the 'Group')

  

Contract win

 

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces that it has signed an agreement to supply smoke and heat alarms to a further housing association in Scotland.

 

FireAngel will supply Glasgow-based North View Housing Association ('NVHA') with the Group's wireless interlinked battery-powered smoke and heat alarms.

 

The contract with NVHA to supply approximately 700 properties, is the latest in a series of related wins for FireAngel, follows the requirement, from 1 February 2019, for greater safety standards as part of the Housing (Scotland) Act.  The new standards require all homes to have a smoke alarm fitted in the living room or lounge and in circulation spaces such as hallways, landings and kitchens.  All fitted alarms are required to be interlinked so they can be heard throughout the property.  Homes are also required to have a carbon monoxide alarm fitted wherever there are fixed combustion appliances.

 

Neil Smith, Group Chief Executive of FireAngel, commented: "We are delighted to see further traction across Scottish housing associations following the recent new legislation.  Today's contract win with NVHA follows on from recent agreements with a number of other housing associations across Scotland, further demonstrating the requirement and demand for our compliant and interlinked products and further endorsing our strategy in this area." 

 

For further information, please contact:

 

FireAngel Safety Technology Group plc	02477 717 700
Neil Smith, Group Chief Executive Mike Stilwell, Group Finance Director
Stockdale Securities Limited	020 7601 6100
Tom Griffiths
Vigo Communications	020 7390 0230
Jeremy Garcia / Fiona Henson / Charlie Neish

 

 

Notes to Editors

 

About FireAngel Safety Technology Group plc ('FireAngel')

 

FireAngel's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible.  FireAngel is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.  

 

FireAngel's principal products are smoke alarms, CO alarms and accessories.  The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, AngelEye and FireAngel Connect.

 

For further product information, please visit: www.fireangeltech.com 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

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RNS Number : 3359R

FireAngel Safety Technology Group

28 February 2019

 

28 February 2019

FireAngel Safety Technology Group plc

('FireAngel' or the 'Company')

 

Contract win

 

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces that, following the introduction of new legislation in Scotland, it has signed an agreement to supply mains and battery-powered smoke and heat alarms to another housing association

 

The Company will supply West of Scotland Housing Association ("WSHA") with a combination of interlinked mains and battery-powered products to around 3,500 homes.

 

This contract win follows the requirement for greater safety standards introduced in the Housing (Scotland) Act, which came into force on 1 February 2019. This requires all homes to have a smoke alarm fitted in the living room or lounge and in circulation spaces such as hallways, landings and kitchens and all fitted alarms are required to be interlinked so they can be heard throughout the property. Homes are also required to have a carbon monoxide alarm fitted wherever there are fixed combustion appliances.

 

Neil Smith, Group Chief Executive of FireAngel, commented: "Further to the implementation of the recent new legislation in Scotland, we are delighted to have signed another housing association. This follows our recent agreements signed with Queens Cross Housing Association, River Clyde Homes and Caledonia Housing Association and demonstrates the demand for FireAngel's compliant and interlinked products."

 

For further information, please contact:

 

FireAngel Safety Technology Group plc	02477 717 700
Neil Smith, Group Chief Executive Mike Stilwell, Group Finance Director
Stockdale Securities Limited	020 7601 6100
Tom Griffiths
Vigo Communications	020 7390 0230
Jeremy Garcia / Fiona Henson / Charlie Neish

 

 

Notes to Editors

 

About FireAngel Safety Technology Group plc ('FireAngel')

 

FireAngel's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible.  FireAngel is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.  

 

FireAngel's principal products are smoke alarms, CO alarms and accessories.  The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, AngelEye and FireAngel Connect.

 

For further product information, please visit: www.fireangeltech.com 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

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RNS Number : 2787R

SpaceandPeople PLC

27 February 2019

 

SpaceandPeople plc

("SpaceandPeople" or the "Group")

German Contract Extension / new pilot centres started

SpaceandPeople plc (AIM:SAL) is pleased to announce that it has extended its agreement with GB Immobilien G.m.b.H. ("ECE") for the provision of Retail Merchandising Units ("RMUs") in ECE managed shopping centres in Germany (the "Agreement").

The Agreement has been extended for a further 24 months until 31 January 2021. The number of units included in the extension period is larger than in the previous period, with 76 RMUs compared with  65 previously. Additionally, the average rental amount payable to ECE is lower than in the previous agreement and this better reflects the current retail market.

Matthew Bending, Group CEO of SpaceandPeople said: "This is our tenth year of working with ECE as a provider of RMUs in Germany. The agreement extension enables profitable trading without large minimum guarantees and we have removed all the RMUs that have not traded profitably in the past. ECE is working with us to bring more of its managed centres to us for RMU operations and estimates the number of units will increase from 76 to 91, with the balance of new units anticipated to start in April 2019 in time for Easter.

"Retail Profile GmbH has rebranded in Germany as PoPRetail.de and has also started pilot projects with HBB group, DI group and JLL in Darmstadt for the provision of RMUs. If these pilots are successful we see the potential for another 10 to 15 RMUs being installed throughout the year.

For further information, please contact:

 

SpaceandPeople plc                                           0845 241 8215

Matthew Bending / Gregor Dunlay

 

Cantor Fitzgerald Europe                                    020 7894 7000

David Foreman / Will Goode (Corporate Finance)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

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RNS Number : 0691R

Panoply Holdings PLC (The)

26 February 2019

 

26 February 2019

RNS Reach

 

The Panoply Holdings PLC

("The Panoply", or the "Group")

 

Launch of new Group company, TPX human+

TPX Notbinary launches Robotic Process Automation subsidiary

 

The Panoply Holdings PLC, the digitally native technology services Group, is delighted to announce the launch of TPX human+, a specialist robotic process automation ("RPA") business. TPX human+ has been set up as a subsidiary of TPX Notbinary, one of The Panoply's existing Group companies.

 

TPX human+ is a provider of robotic process automation services, primarily to the government and not for profit industries. The business has developed organically in response to strong demand from TPX Notbinary's existing customer base, and marks The Panoply's entry into the RPA market, further building out the UK Cluster's set of digital transformation capabilities. Gartner estimates the worldwide market size of RPA C&SI services was $1.5 billion in 2017, growing at over 50% year over year.

 

The Group has entered into strategic partnerships with Blue Prism, UiPath and Thougtonomy, and TPX human+ will act as an implementation partner to these software vendors as well as providing other related consultancy services. Government and not for profit organisations are increasingly looking at the benefits RPA can bring following the uptake being seen in the private sector.

 

The Panoply is investing into TPX human+ in line with its strategy to back start-ups with strong management and strong potential for growth. As a subsidiary of TPX Notbinary TPX human+ will be subject to the TPX Notbinary earn-out formula which runs until 31 March 2020.

 

TPX human+ will be led by David Biden and Ciara MacCooey, who both have a wealth of experience in applying modern technologies into complex business environments. TPX human+ currently has proof-of-concept projects active with a number of large clients, including a university, a county council and a not for profit organisation. TPX human+ are confident that the Group's existing client base and reputation in the government and not for profit sectors will allow them to quickly gain a foothold in the RPA market.  

 

Neal Gandhi, Chief Executive Officer of The Panoply said:

 

"We know that the demand for RPA services is growing rapidly, and for some time this has been a competency that we have been looking to own within The Panoply. TPX human+ takes an approach which puts the focus on engaging the business stakeholders involved; implementing the right technology and enabling the humans central to its adoption.

 

"This is the first example of The Panoply having chosen to support the organic growth of a business which has originated from within a current Group company. Allowing our Group companies to remain entrepreneurial and creative has always been a core tenant of The Panoply proposition, and we are excited to see this playing out in reality with the incorporation of TPX human+."

 

David Biden, Founding Partner at TPX human+ said:

 

"TPX human+ is being launched in response to our government and not for profit clients wanting an automation partner that not only understands RPA technology but also the impact this can have on their organisations and people. We are seeing great interest from across the Public Sector and the not for profit community as we work with them to understand the efficiency opportunities this technology can bring."

 

 

Enquiries:

The Panoply Holdings Neal Gandhi (CEO) Oliver Rigby (CFO)   Stifel Nicolaus Europe Limited (Nomad and Broker)   Via Alma PR     +44 (0)207 710 7600 Fred Walsh Alex Price Neil Shah Luisa Orsini Baroni       Alma PR (Financial PR) Josh Royston Susie Hudson [email protected] +44(0)203 405 0206 07780 901979

About The Panoply

 

The Panoply is a digitally native technology services company, built to service clients' digital transformation needs. Founded in 2016, with the aim of identifying and acquiring best-of-breed specialist information technology and innovation consulting businesses across Europe, the Group collaborates with its clients to deliver the technology outcomes they're looking for at the pace that they expect and demand.

 

Visit https://www.thepanoply.com for more information

 

About TPX human+

 

TPX human+ is a robotic process automation partner for government and not for profit organisations. The company's mission is to drive RPA success through engaging business stakeholders, implementing the right technology and enabling the humans central to its adoption. TPX human+ drives efficiencies across the organisation with the goal of creating a self-sufficient centre of excellence for the future, and helping people focus on more interesting, business-critical work.

 

TPX human+ partners with RPA leaders such as Blue Prism, Thoughtonomy and UiPath. As a subsidiary of TPX Notbinary, the company has a strong track record in Government and not for profit technology transformation projects.

 

Visit http://human-plus.co.uk/ for more information

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

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RNS Number : 5857Q

Transense Technologies PLC

20 February 2019

 

Transense Technologies plc

("Transense" or the "Company")

 

iTrack Contract Win

 

Transense Technologies plc, the provider of sensor systems for the transportation, automotive, avionic and industrial markets, is pleased to announce that Translogik, its trading division providing tyre management solutions, has won a further contract through its Ghanaian partner WATS (West African Tyre Services) to supply 41 iTrack II mining tyre monitoring systems for haul trucks at BISSA, a Nordgold mine in Burkina Faso. 

These systems are to be supplied on a rental and service basis via WATS, which is a wholly owned subsidiary of Rana Motors & Metal Works Engineering Company Ltd. This method allows mining companies to benefit from the productivity gains and overhead savings provided by using the system without any of the associated capital cost while providing Translogik with a recurring revenue stream.

Vibi Chandra, Director, Sales & Services Director, OTR Tyres, WATS, said: "The considerable advantages that Nordgold have seen at their sister mine SOMITA, where we installed iTrack in May 2018, have persuaded Nordgold to adopt the system at BISSA. As we have previously stated, West Africa is a region with dozens of mines and hundreds of haul trucks and it is our intention to introduce our new enhanced service, including iTrack, to our existing portfolio of mines as well as other mines across the region. We know these mines are very interested in the significant advantages we are now able to offer and we fully expect further advances and new contracts in the future."

 

Graham Storey, CEO of Transense, said: "We are very pleased to have added another Nordgold owned mine in West Africa to our growing list of iTrack users. WATS are a well-established and highly regarded tyre service provider in West Africa and with their depth of contacts we are hopeful of an accelerated rate of adoption moving forward."

 

For further information, please visit www.transense.co.uk or contact:

 

Transense Technologies plc Graham Storey, Chief Executive	Tel: +44 (0) 1869 238 380
finnCap (Nomad and Broker) Ed Frisby, Giles Rolls (Corporate Finance) Tim Redfern (ECM)	Tel: +44 (0) 20 7220 0500
IFC Advisory Tim Metcalfe, Graham Herring, Heather Armstrong	Tel:+44 (0) 20 3934 6630

   

Notes to editors:

About iTrack II

The iTrack II Mining system provides fast, accurate, reliable real-time data on the condition of the tyres, combined with live tracking of vehicle location and status. Our 24/7 Control Room monitors the pressures and temperatures live, and this information can, for example, be used to ensure tyres do not exceed critical heat thresholds, detect incorrect load distributions, predict suspension failures, eliminate manual tyre pressure checks and much more. All of these benefits increase health and safety as well as reducing maintenance and downtime, which maximises the hours a truck is working (On-Road Truck Working Hours), which directly correlates to an increase in production.

Existing iTrack users have reported increases in tyre life of up to 30% and fuel savings of up to 3%. Savings of this magnitude provide a rapid return on investment with the iTrack system paying for itself in a matter of months and where the rental option is chosen the system will pay for itself from day one.

www.trans-logik.com/itrack-2/

 

About WATS

WATS is a leading provider of earthmover/off-the-road tyre management services to the mining industry. Their credentials are based on a proven ability to reduce the cost of earthmover tyre operation for major open-pit miners while maximising production and enhancing safety. Advanced engineering systems and innovative maintenance, analysis and reporting technologies combine to consistently reduce client tyre costs, typically by 20% or more. As an independent technical adviser and service provider to mining companies in West Africa, WATS has established an impressive track record.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

 

 

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