Wynyard Group FY15 Update

Wynyard Group FY15 Update

18 May 2015, Auckland – Wynyard Group (NZX:WYN), a market leader in serious crime fighting software, has signed a number of new contracts and contract extensions in 1H15 and expects to shortly conclude commercial negotiations for a significant national security solution to be delivered in 2H15. Wynyard has also progressed its America’s expansion plan and is in the final stages of securing an important partner distribution agreement for Wynyard Advanced Crime Analytics solutions across the United States and global law enforcement markets.

Wynyard is following a global growth strategy focused on:

- Delivering market leading, high value crime fighting software products that help solve and prevent serious organised and trans-national crime, financial crime and threats from new generation extremism and high consequence cyber crime

- Expanding Wynyard’s global sales and services operations and increasing company headcount from 228 to more than 330 full time employees by the end of 2015

- Building a global distribution network through leading systems integrators to increase Wynyard’s serviceable market and access to larger contracts

- Extending Wynyard’s product leadership position with a new release of Wynyard Advanced Crime Analytics and the launch of Wynyard Advanced Cyber Threat Analytics in FY15

The company is currently on track to deliver on these objectives. Based on its contracts secured to date and forward looking qualified sales pipeline, Wynyard currently expects revenue in the range of $40 to $45 million for FY15. Wynyard reported revenue of $26 million in FY14.

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