16th Apr 2009 08:02
SciSys plc ("SciSys" or the "Company")
SciSys wins new Major Contract for UK Government Climate Change scheme
SciSys plc (AIM: SSY), the specialist supplier of bespoke software systems, IT based solutions and support services is pleased to announce that it has been awarded a new contract with the Environment Agency for approximately £3.5 million, to build an IT solution to support the requirements of the Carbon Reduction Commitment (CRC) Scheme.
The CRC scheme is part of the UK Government's initiative to tackle climate change using a new domestic 'cap and trade' approach to reduce energy usage from large organisations in the private and public sectors.
The development phase for the solution is expected to last for approximately 15 months, following which SciSys will provide ongoing support for up to 3.5 years.
Chairman Mike Love commented "SciSys is excited to be working on this important scheme which builds on the work it has been undertaking for the Environment Agency over several years in helping them develop new solutions to meet their Better Regulation objectives.
This contract is another good example of the increasing momentum at SciSys, and reinforces the Board's confidence in the Company's expected financial performance."
Notes to Editors:
SciSys is a leading global developer of ICT services, e-Business and advanced technology solutions. The company operates in a broad spectrum of market sectors including space, utilities, defence, government, environment, communications, transport, media and broadcast. Within these markets, SciSys has been involved in significant developments that have changed the way people do their jobs, through key technologies. SciSys clients are predominantly blue chip and public sector organisations and its customers include the Environment Agency, Thames Water, Arqiva, the MOD, Astrium, the European Space Agency, the BBC, Deutsche Welle and the Metropolitan Police.
Additional information about SciSys available at: http://www.scisys.co.uk/
For more information, please contact:
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Mike Love
Chairman
SciSys plc
Tel: +44 (0)1249 466466
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Chris Cheetham
Finance Director
SciSys plc
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Canaccord Adams Limited
NOMAD
Simon Bridges
Adria Da Breo Richards
Tel: +44 (0)20 7050 6500
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