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Contract Win

In brief · summary, not quotable

Acuity RM Group PLC announced that its subsidiary, Acuity Risk Management Limited, secured a new contract with a leading European defence contractor. The contract involves Vendor Management Hub (VMH) software and services for a new program aimed at enhancing cyber security. Acuity plans to leverage this win to demonstrate strength in the defence sector and anticipates further commercial opportunities. The company is also offering VMH on the AWS Marketplace to unlock new distribution channels and accelerate customer base scaling and revenue growth.

Full announcement

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The directors of Acuity (AIM: ACRM), the software group, are pleased to announce that its wholly owned subsidiary, Acuity Risk Management Limited ('ARML') which is focused on the cyber-security sector of the Governance, Risk and Compliance ("GRC") market has won a new contract.

The contract is with a new client, a leading European defence contractor, for Vendor Management Hub ("VMH") software and services to be used in a new programme. VMH is a product that will help provide protection against the type of cyber security breaches recently suffered by leading retailers and manufacturers. The new customer is expected to generate further commercial opportunities for Acuity.

VMH is a product that can be deployed easily by the customer or an Acuity partner and is now available on AWS marketplace https://aws.amazon.com/marketplace/pp/prodview-at7yzdzkavsls

David Rajakovich, Chief Executive, commented; "With this win, we continue to demonstrate our strength in the defence sector. Given our proven ability to upsell, small wins often become big wins as users experience VMH's and STREAM's value.

"Offering VMH on the AWS Marketplace marks a pivotal enhancement to our go-to-market strategy. By decoupling sales from deployment, we're unlocking entirely new distribution channels that will accelerate our path to becoming a truly global business. This model doesn't just expand our reach-it fundamentally transforms how quickly we can scale our customer base and drive revenue growth."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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