Scisys signs strategic contract with German broadcaster
Scisys said on Monday that its subsidiary, Annova Systems, has signed a strategic €0.8m contract with the German public broadcaster ARD-aktuell for a cross-media planning portal for its national prime news programmes.
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The AIM-listed supplier of bespoke software systems, IT-based solutions and support services said this represents a strategic win for Annova, which will develop a portal for ARD-aktuell based on the proprietary product OpenMedia Newsboard.
"This solution will give its journalists a powerful web-based tool that bolsters their existing OpenMedia installation by providing an extended research capability that in addition covers the entire worldwide web and social media networks," it said.
Work on the project - which is Annova's second "major" win this month - will begin in September.
Scisys chief executive officer Klaus Heidrich said: "It is testament to Annova's ability to set trends with its innovative OpenMedia product, as well as the team's ability to win new business from new and established customers alike."
Annova CEO Michael Schueller said: "Talking to the customer, we believe that its decision was driven by a combination of our innovative technical solution, competitive price and, importantly, by the sustainable strategic approach we are taking.
"It will be a great pleasure to further extend our long-term cooperation with this important customer. Our solution is expected to deliver a significant increase in efficiency when it comes to editorial news planning and creation across different media platforms. We are looking for this to become an exemplar project for other broadcasters."
At 1000 BST, Scisys shares were up 1% to 98.98p.