IQGeo Group PLC IQGeo Signs Strategic Contract in Japan

TIDMIQG

IQGeo Group PLC

15 February 2023

RNS Reach

IQGeo Group plc

(the "Company" or the "Group")

IQGeo signs strategic contract with NESIC for new disaster assessment service in Japan

IQGeo (AIM: IQG), a developer of geospatial software that is "Building better networks" for telecom and utility operators, is pleased to announce that it has signed a major new contract with NESIC in Japan to deliver a utility disaster assessment solution for Japanese public authorities. The GBP1.9m deal over 5 years includes IQGeo's software platform and mobile capabilities consisting of a GBP1.0m licence and associated support and maintenance.

IQGeo has a long-standing integration partnership with NESIC who has provided disaster assessment and emergency response solutions to some of Japan's largest electric utility operators. In this latest project, NESIC is using the IQGeo software to create a disaster assessment and digital service provisioning platform for government authorities and public interest organisations. The new solution integrates a wide range of data streams and weather analytics into a single IQGeo geospatial dashboard for office based and mobile field crews. The solution enables public service authorities to effectively monitor and manage their disaster response activities during Japan's frequently severe typhoon, earthquake and tsunami incidents.

Richard Petti, CEO, commented that "We're pleased to be working with our partner NESIC on this essential service for the Japanese market. IQGeo is leveraging our dominant position in utility industry emergency response market to create a significant new SaaS channel aimed at Japan's public service authorities."

For further information contact:

   IQGeo Group plc                                            +44 1223 606655

Richard Petti

Haywood Chapman

   finnCap Ltd                                                                 +44 20 7220 0500

Henrik Persson, Seamus Fricker (Corporate Finance)

Tim Redfern, Richard Chambers (ECM)

Notes to Editors

About IQGeo

Telecommunications and utility operators are "Building better networks" with IQGeo's award-winning software solutions. The ability to powerfully model any network requirement, integrate every system and data source, and support field and office teams with continual innovation is helping operators create the networks of the future. Our solutions ensure greater cross-team collaboration and process efficiency throughout the network lifecycle, from planning and design to construction, operations, and sales.

Whether it's highly competitive fiber and 5G broadband rollouts or complex utility grid modernization projects, customers trust IQGeo's enterprise solutions, OSPInsight fiber management, and Comsof automated design software. We partner with large multinationals and smaller regional operators to deliver the digital innovation they need to increase network resilience, operational safety, and business ROI.

For more information visit: www.iqgeo.com/

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February 15, 2023 02:00 ET (07:00 GMT)

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