The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014

SCISYS PLC

(SSY: AIM)

Completion of acquisition of ANNOVA Systems GmbH

Further to the announcement of 24 November 2016, SCISYS PLC is pleased to confirm today the completion on 31 December 2016 of the acquisition of ANNOVA Systems GmbH.

ANNOVA (www.annova.tv) with its initial roots going back to 1989, is a leading supplier of newsroom editorial solutions in the media sector. It has a robust business model based on its mature OpenMedia software solution. With its latest major version release launched in 2014, OpenMedia provides next-generation newsroom system functionality, enabling story-centric workflows for news to be created for distribution on any medium. OpenMedia software licence sales are complemented by the sale of professional and consultancy services.

For further information please contact:

SCISYS PLC

+44 (0)1249 466 466

Mike Love

Chairman

Klaus Heidrich

Chief Executive Officer

Chris Cheetham

Finance Director

finnCap (NOMAD & Broker)

+44 (0)20 7220 0500

Julian Blunt

Corporate Finance

Mia Gardner

Corporate Broking

WalbrookPR

Tom Cooper/Paul Vann

+44 (0) 20 7933 8780

+44 (0)797 122 1972

tom.cooper@walbrookpr.com

About SCISYS:

Employing nearly 450 staff, SCISYS group is a leading developer of Information and Communications Technology services, e-Business, web and mobile applications and advanced technology solutions. The Company operates in a broad spectrum of market sectors including Media & Broadcast, Space, Government and Defence and Commercial sectors. SCISYS clients are predominantly blue chip and public sector organisations. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, RNLI, AON, Interflora and the National Trust. The Company has UK offices in Chippenham, Bristol, Leicester and Reading and two offices located in Germany. More information is available at www.scisys.co.uk

Scisys plc published this content on 03 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 January 2017 09:17:06 UTC.

Original documenthttp://hsprod.investis.com/servlet/HsPublic?context=ir.access&ir_option=RNS_NEWS&ir_client_id=3499&item=2709911762894848

Public permalinkhttp://www.publicnow.com/view/7F0B2A9F91B957D58DE98098EBFB99F40CE43103