31 January2019

Tern Plc (the 'Company', or the 'Group')

Further re. Long Term Contract Win for Device Authority

Further to the announcement dated 27 December 2018, Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ('IoT'), notesthat Device Authority ('DA'), in which it has a 56.8% holding,has announced that nCipherSecurity was the hardware security modules (HSM) vendor with which itpartnered to deliver a security solution for high quality surgical devices. DA is not yet in a position to name the end user of the security solution.

**ENDS**

Enquiries

Tern Plc

Al Sisto/Sarah Payne

via NewgateCommunications

Allenby Capital Limited

(Nomadand joint broker)

David Worlidge /Alex Brearley

Tel: 0203 328 5656

Whitman Howard

(Joint broker)

Nick Lovering /Christopher Furness

Tel: 020 7659 1234

NewgateCommunications

Elisabeth Cowell / Fiona Norman

Tel: 020 3757 6880

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Disclaimer

Tern plc published this content on 31 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 January 2019 16:43:03 UTC