# Redstoneconnect PLC Multi-Million Pound OEM Contract for OneSpace

- Link: https://www.directorstalkinterviews.com/redstoneconnect-plc-multi-million-pound-oem-contract-onespace/412741524
- Published: 2017-12-05T15:38:44+00:00
- Author: Amilia Stone

**Redstoneconnect PLC** (LON:REDS), a leading provider of technology and services
for smart buildings and commercial spaces, has today announced it has signed an 
OEM (‘Original Equipment Manufacturer’)contract for OneSpace™, the Company’s workspace
occupancy management software solution, with a market-leading global technology 
business (the “Client”).

The contract is worth in excess of £2 million and allows the Client to embed OneSpace
™ into their hardware solutions.

> **Mark Braund, CEO of RedstoneConnect commented**:
> “Not only is this the single largest contract we have signed for OneSpace™, but
> it is also our first major contract to embed our software into a third party solution.
> We have previously made the market aware of our ambitions to sell OneSpace™ through
> both direct and indirect channels and this is the first of what we believe to 
> be a number of deals as we look to build our distribution network internationally.
> “To secure a contract with an organisation with the scale and market reach of 
> the Client is a fantastic endorsement of the quality of our OneSpace™ platform.
> It also aligns with our ambition to become a leading solutions provider in the
> smart workplace market, as we continue to experience positive momentum across 
> RedstoneConnect’s business divisions.”

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