1Spatial scores five year contract with government bureau

1Spatial, an AIM-quoted business technology and profit improvement specialist, has won a five year contract to provide the US government bureau with software and related services.

1Spatial, an AIM-quoted business technology and profit improvement specialist, has won a five year contract to provide the US government bureau with software and related services.

The company said it believes the deal will have a positive material impact on the group's results to January 2013 and beyond.

The firm's Chief Executive Officer commented: "We are delighted with this latest contract win. Not only does it enhance our presence and credentials in the US, but the length of the contract provides strong visibility as the group focuses on organic growth and operating cash flow generation."

The share price leapt 50% to 3.75p by 12:37.

NR

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