30 January 2024
Synectics plc
("Synectics" or the
"Company")
Contract Awards
Synectics plc (AIM: SNX), a leader in advanced
security and surveillance systems, announces that it has been
awarded further contracts as part of a framework agreement with
National Grid. The additional contracts, valued at approximately
£4.0 million, will see Synectics deliver security improvement works
across 13 new sites.
Synectics was awarded its first contract under
the framework agreement with National Grid in October 2022, and
will now be deploying its services across 20 sites throughout
National Grid's substantial estate. The contract will be delivered
by Synectics' Security division, which will be responsible for
delivering the improvement works as well as providing ongoing
support.
The framework agreement - which runs to October
2026 - centres around the provision of CCTV and Access Control
Systems throughout the National Grid estate across England, Wales
and Scotland. Synectics is able to draw on its significant
expertise in the delivery of solutions for critical infrastructure
projects to deliver an end-to-end solution for the
customer.
The works covered by these contracts are
planned for completion in FY 2024.
Paul Webb,
Chief Executive Officer of Synectics, commented:
"We are
delighted to have been awarded these new contracts with National
Grid which further enhance our long-term partnership, delivering
solutions together.
"We look
forward to continuing to work with National Grid, ensuring their
systems remain cyber-secure and effective."
For further
information, please contact:
|
Synectics
plc
Paul Webb, Chief Executive Officer
Amanda Larnder, Chief Financial
Officer
info@synecticsplc.com
|
Tel: +44 (0) 114 280 2828
|
|
Shore
Capital
Tom Griffiths / David Coaten
|
Tel: +44 (0) 20 7408 4090
|
|
Vigo
Consulting
Jeremy Garcia / Fiona Hetherington / Aisling
Fitzgerald
synectics@vigoconsulting.com
|
Tel: +44 (0) 20 7390 0230
|
About
Synectics plc
Synectics plc (AIM: SNX) is a leader in
advanced security and surveillance systems that help protect
people, property, communities, and assets around the
world.
The Company's expertise is in providing
solutions for specific markets where security and surveillance are
critical to operations. These include gaming, oil and gas, public
space, transportation, and critical infrastructure.
Synectics has deep industry experience in these
markets and works closely with customers to deliver solutions that
are tailored to meet their needs. Technical excellence, combined
with decades of experience and long-standing customer
relationships, provides fundamental differentiation from mainstream
suppliers and makes the Company a stand out in its
field.
Find out more at
www.synecticsplc.com