TERN PLC

Earnings Release • Apr 1, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

Tern PLC (TERN)

Tern PLC: New commercial order for InVMA

01-Apr-2019 / 07:00 GMT/BST

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.

---

1 April 2019

Tern Plc ("Tern" or the "Company")

New commercial order for InVMA

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its portfolio company, InVMA Limited ("InVMA"), a leading PTC IoT partner and ThingWorx System Integrator, has secured an initial order worth £250,000 to InVMA, to provide services to a leading Aerospace and Defence organisation, through its partners DXC, Dell and ECA Services.

InVMA and its partners will work together to enable an innovative Smart Factory implementation, combining information technology and operational technology to increase visibility and drive improvements to the customer's manufacturing quality and efficiency.

InVMA Chairman and Tern director, Bruce Leith, said, "This is a significant new order for InVMA, utilising its strategic partner network. We believe that this project has the potential to transform the way in which this leading Aerospace and Defence organisation works. This project takes full advantage of InVMA's information technology / operational technology convergence capabilities, and provides an opportunity to identify, build and wrap features for their products."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

**ENDS**

Enquiries

Tern plc Al Sisto, CEO Sarah Payne, Finance Director	Via Newgate Communications
Allenby Capital Limited (Nomad and Joint broker) David Worlidge/Alex Brearley	Tel: 0203 328 5656
Whitman Howard (Joint broker) Nick Lovering/Christopher Furness	Tel: 020 7659 1234
Newgate Communications PR Elisabeth Cowell/Fiona Norman	Tel: 020 3757 6880

---

ISIN:	GB00BFPMV798
Category Code:	MSCM
TIDM:	TERN
LEI Code:	2138005F87SODHL9CQ36
Sequence No.:	8016
EQS News ID:	793939

End of Announcement	EQS News Service

---