Drumz PLC Update on Investment
20 Enero 2021 - 1:00AM
RNS Non-Regulatory
TIDMDRUM
Drumz PLC
20 January 2021
20 January 2021
This is a non-regulatory announcement
Drumz plc
('Drumz' or the 'Company')
Update on Investment
Drumz plc (AIM:DRUM) is pleased to announce that, Acuity Risk
Management Limited ('Acuity'), in which Drumz has a 20%
shareholding with an option to acquire a further 5%, has launched a
significant upgrade to its STREAM(TM) Integrated Risk Manager
("IRM") software product which is used by private and public sector
clients to manage their cyber security and other Enterprise
risks.
STREAM(TM) delivers the agile, risk-based approach required to
enable customers' digital transformations and compliance with
modern standards such as ISO 27001, NIST, PCI DSS and regulations
such as GDPR. The STREAM(TM) platform provides seamless, modular,
integration across multiple applications, including Health &
Safety, Environmental, Business Continuity and Supply Chain.
Product
There are two major changes in Version 5.7, which enhance the
product and increase its market appeal and opportunity.
a. User engagement - V5.7 enables an unlimited number of users
to interact with STREAM(TM) across the business and supply chain
via simple, configurable and easy to use webforms. Where previous
versions were used primarily by specialist teams, this innovation
allows Acuity to supply an enterprise version enabling it to
compete for contracts with the largest organisations.
b. Data storage - V5.7 integrates with Microsoft Azure -
increasingly, privacy legislation requires data to be stored in
specific territories and to certain standards. The integration with
Azure increases the flexibility for hosting STREAM(TM) SaaS data,
so making it a true global product.
A contract has been signed with a launch customer, a British
television broadcaster; and there are negotiations in progress to
upgrade several existing customers in the UK and North America,
also new business opportunities.
Acuity's sales team believes these new features will greatly
increase the appeal of STREAM(TM) to larger organisations and
combined with the established competitive advantages of speed and
ease of deployment will assist them to win new and larger
contracts. This should assist with increasing the average revenues
per account.
Sales and marketing
New sales and marketing initiatives to accelerate development
and presence in North America and Germany; particularly the North
American market where Acuity has some trophy clients and is
generating a significant number of sales opportunities.
Also, the Company is launching a new website this month to
develop market awareness and image to appeal to larger
organisations
More information on Acuity can be found via the following link
https:// www.acuityrm.com
For further information please
contact:
Drumz Plc www.drumzplc.com
Angus Forrest +44 (0) 20 3582 0566
Note to Editors
Drumz plc
Drumz plc (AIM): DRUM) is an investing company focused on
investing in and acquiring established software businesses that own
good technology, have quality customers and which could better
exploit their assets and accelerate their growth with the injection
of experienced management and new funds.
Drumz will, where necessary, make available some of its
experienced management team and provide finance to facilitate the
necessary changes, so that the value of the businesses in which
Drumz invests will be transformed over a two to four year period.
In due course, the new Directors expect to dispose of such
businesses, in whole or in part, in order to realise value for
Drumz and its shareholders.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAEAXFNFDFFEFA
(END) Dow Jones Newswires
January 20, 2021 02:00 ET (07:00 GMT)
Energiser Investments (LSE:ENGI)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Energiser Investments (LSE:ENGI)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024