IN BRIEF: Acuity RM gets 3-year UK public sector contract for Stream

Acuity RM Group PLC - London-based risk management company - Enters new three-year contract with an organisation within the UK public sector, for the supply of the firm's Stream risk management platform. Acuity RM says the identity of the customer is not being disclosed at the customer's request. It will license Stream and the associated platform for fees of £45,000 per year, together with initial services fees of £24,300. The total contract value over the three-year term is £159,300. Chief Executive David Rajakovich says: "We're seeing the investment we've put into targeting the UK public sector pay off, and this contract - bringing a further public sector organisation onto Stream - is a good example of that. The initial deployment is focused on a specific set of use cases within one team, and we are in discussions with other teams within the organisation about wider use of Stream as an enterprise risk management tool."

Current stock price: 0.60 pence each, down 4.0% on Monday morning in London

12-month change: down 47%

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