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IN BRIEF: Shearwater Signs Five-Year Agreement With Fashion Retailer

6th Jan 2021 14:35

Shearwater Group PLC - London-based cybersecurity services provider - Announces its group company Brookcourt Solutions Ltd secures five-year supply agreement with an undisclosed global fashion retailer located in New York, US. Says the first contract is worth GBP860,000 and will encompass the delivery of a secure ID-authenticated printing solution, as well as a 12-month maintenance and service contract for use within 10 European countries across 17 sites.

"Our new client appreciates the importance of maintaining vigorous security standards in order to protect its business. The supply agreement demonstrates Brookcourt's ability to leverage its deep understanding of best-in-class technologies in order to deploy robust, effective and cost-efficient solutions for complex businesses such as this which span numerous markets," says Group Chief Executive Phil Higgins.

Current stock price: 157.50 pence

Year-to-date change: up 4.0%

By Zoe Wickens; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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