Last checked at 17 Mar 2015 07:00
17 March 2015
Rosslyn Data Technologies plc
("Rosslyn" or "the Company")
Change of auditor
Rosslyn Data Technologies plc (AIM: RDT), a leading provider of a cloud-based enterprise data analytics platform, has commenced discussions with PricewaterhouseCoopers LLP (PwC) regarding a potential joint business arrangement. PwC tendered their resignation as auditor to the Company to ensure that there are no conflicts of interest or independence issues that may arise in the future. The directors of the Company have appointed Grant Thornton UK LLP (GT) to replace PwC as auditors to the Company. GT will act as auditors for the financial year ending 30th April 2015.
Charles Clark, CEO said,
"Having built a strong and trusted relationship with our PwC audit team over the last two years we will greatly miss their extremely valuable service. However, as we hope that in the future we may be able to work together with PwC as a business partner it makes sense to recognise this potential future conflict now and make the necessary adjustments. I look forward to keeping you up to date on progress.
"Despite these necessary changes we greatly look forward to building an equally strong relationship with Grant Thornton in the months ahead."
Enquiries:
Rosslyn Data Technologies plc | Charles Clark, Chief Executive Officer Francis Reid, Chief Financial Officer | +44(0)20 7138 3204 |
Blytheweigh - Financial PR | Tim Blythe
| +44(0)20 7138 3205 +44(0) 7816 924 626 |
Alex Shilov | +44(0)20 7138 3553 +44(0) 7989 394 027 | |
Cenkos Securities - Nominated Adviser, Broker | Stephen Keys Mark Connelly
| +44(0)20 7397 8926 |
Notes to Editors
Rosslyn Data Technologies plc, (AIM: RDT), a leading global data technology company was founded in 2005 by Charles Clark and Hugh Cox. Business Intelligence was ranked first in the top ten technology priorities for Chief Information Officers in 2012 by Gartner. The Company provides analytical services by combining four key technologies: data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers, including Aberdeen Asset Management plc, Babcock Corporate Services plc, Xerox Business Services and Coca-Cola Enterprises, Inc. Rosslyn Data Technologies plc is the ultimate holding company of the Group and owns 100 per cent of Rosslyn Analytics Limited. Rosslyn Analytics Inc. is a 100% owned subsidiary of Rosslyn Analytics Limited.
Further information can also be found on the Company's website at: www.rosslynanalytics.com