23rd Apr 2026 14:19
Rosslyn Data Technologies PLC - London-based data analytics company - Secures contract renewals with two unnamed longstanding customers, worth USD1.5 million in total over three years. Says the first customer, a US-based multinational medical devices and healthcare company, inked a three-year renewal of its annual licence to utilise the Rosslyn platform, with it also set to adopt its Artificial Intelligence Classification Engine tool. Notes this expanded contract is worth USD1.2 million. Adds that the other contract, worth USD300,000, is with a leading media and entertainment company that inked a one-year renewal of its annual licence for the Rosslyn platform.
"We are pleased to have extended our relationship with these two long-standing customers and also to see further uptake of Aice as the commercial momentum with our AI solution continues to grow." said Chief Executive Paul Watts.
Current stock price: 1.86 pence, down 1.9% on Thursday afternoon in London
12-month change: down 44%
By Christopher Ward, Alliance News reporter
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