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Shearwater Group PLC

30 October 2019

RNS REACH

30 October 2019

SHEARWATER GROUP PLC

Brookcourt Solutions secures EUR0.5 million contract with leading multinational telecommunications company

Shearwater Group plc, the organisational resilience group, announces that its group company Brookcourt Solutions has secured a EUR0.5 million contract with a leading multinational telecommunications company for the extension of its recent Pan-European Data Protection Project.

This new contract extends Brookcourt Solutions original EUR4 million contract win 18 months ago where the business was commissioned to deliver data protection capability that enabled the customer to achieve GDPR and SOX compliancy.

Under the terms of the new contract, Brookcourt Solutions will ensure that the data protection platform delivered is transitioned into the customer's operational teams, which are located both in the UK and Northern Europe.

Phil Higgins, CEO of Shearwater, commented:

"We are delighted to be part of this design and integration programme with one of the world's leading converged video, broadband and communication companies.

"The opportunity to deploy a data security platform across the UK and Northern Europe is a good example of how we can leverage a combination of our technologies, services and solutions to provide an enhanced data protection environment for the customer and overall service experience."

Enquiries:

 
 Shearwater Group plc                    c/o Instinctif Partners 
  David Williams, Chairman 
  Phil Higgins, CEO 
 Instinctif Partners                   shearwater@instinctif.com 
  Adrian Duffield / Chantal Woolcock        +44 (0) 20 7457 2815

About Shearwater Group plc

Shearwater Group plc is an award-winning organisational resilience group that provides cyber security and managed security services to help assure and secure businesses in a connected global economy.

The Group's comprehensive cyber security solutions and services maintain trust between users, provide assurance around the protection of information assets and critical infrastructure, and support organisations' operational effectiveness. Its capabilities include identity and access management and data security, cyber security solutions and managed security services, and security governance, risk and compliance.

The Group is headquartered in the UK with offices in the US, UK and Europe, serving customers across the globe who are active in a broad spectrum of industries.

Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG". For more information, please visit www.shearwatergroup.com.

About Brookcourt Solutions

Brookcourt Solutions deliver cyber security, network monitoring technologies and managed security services to help secure and protect organisations' critical infrastructure.

For more information, please visit www.brookcourtsolutions.com.

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