Scisys – 131.5p

9 February 2018 – contract renewal

The company has announced the renewal of its service contract to supply support and maintenance services for the BBC’s enterprise audio broadcast technology for a term of up to 1o years.  The dira! Media Asset Management platform, a bespoke version of dira! used by the BBC to deliver its radio news and entertainment, is used for National Radio, News, World Service, Nations and Local Radio stations as well as to Information & Archives.  The agreement is a further extension of a relationship which started in 2001 and although not entirely unexpected is a feather in the company’s cap.  We retain our BUY rating.

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