RNS Number : 4927F Crimson Tide PLC 17 November 2020 Crimson Tide Plc Contract Wins Crimson Tide Plc (TIDE) is pleased to announce contract wins approaching £0.5m which demonstrate the appeal of mpro5 across sectors and the growing traction of its Internet of Things (IoT) capabilities. Cadent, providers of the UK gas network and employing over 4000 staff, have invested in mpro5 within two of their four UK regions for the purpose of re-instatement works across the 82,000 miles of gas pipeline they manage. The mpro5 platform has been deeply integrated with Cadent's SAP installation, allowing for real-time scheduling of remedial works to its multidisciplinary re-instatement teams. The real-time data provided by mpro5 is already being used to ensure compliance with Local Authority guidelines and the Company is hopeful of a wider roll-out across all regions, and additional departments in due course. Incentive QAS, the contract cleaning arm of Incentive FM - employing some 800 staff across the UK, have invested in mpro5 for the purposes of IoTdriven cleaning compliance at London's Citypoint skyscraper. Using mpro5's proprietary IoT platform, areas throughout Citypoint are reporting real-time occupancy and usage data, allowing for automated scheduling of cleaning services based on demand rather than a schedule, driving a significant and immediate return on investment for the client. Barrie Whipp, Chairman, commented: "Cadent is a very prestigious contract win for the Company and we are delighted with the integration with SAP, which opens up further possibilities with this global software supplier. Our Internet of Things offering is quite exciting in the way that it automatically schedules jobs and tasks for mpro5 users to complete. We are very pleased that Incentive has taken its first steps with the platform and we have other pilots in train for IoT which give us optimism for its wider adoption." For further information: Crimson Tide plc Barrie Whipp / Luke Jeffrey 542 444 finnCap (Nominated Adviser and Broker) Corporate Finance: Julian Blunt / James Thompson 7220 0500 01892 +44 20 Corporate Broking: Andrew Burdis 7220 0500 Alma PR (Financial PR) Josh Royston 901979 +44 20 +44 7780 For further information on Crimson Tide plc, see the website at: www.crimsontide.co.uk/ This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END NRAEAXFKFAXEFFA