Vox Markets Logo

SCISYS Media Solutions wins contract with major European broadcaster

10:40, 14th August 2019
Abraham Darwyne
Company News
TwitterFacebookLinkedIn

SCISYS Group PLC (SSY) FOLLOW, on Wednesday announced it was awarded a contract from a major European broadcaster for newsroom software, services and training.

SCISYS provides software systems, IT-based solutions and support services to customers that range from the Ministry of Defence, and the European Space Agency to Vodafone and the BBC.

The company said the contract win “adds a strategically important new customer” to the SCISYS Media Solutions portfolio and said it was included in existing market guidance.  

SSY price chart

The contract is for SCISYS Media to provide an integrated newsroom solution for planning and rundown management.

This installation uses OpenMedia INFINITY and NEWSBOARD software solutions developed by SCISYS. The software is used by 75,000 journalists worldwide for clients such as the BBC and the ARD Group.

Klaus Heidrich, CEO of SCISYS, said: "We are delighted with this contract win, which demonstrates that we are leaders in the European market with our premium OpenMedia and NEWSBOARD products for newsrooms and broadcasters."

The £74 million market cap company was trading at 251p each on Wednesday.

Follow News & Updates from SCISYS here: FOLLOW

TwitterFacebookLinkedIn

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

Recent Articles
Watchlist