31 January 2019
Tern Plc (the "Company", or the "Group")
Further re. Long Term Contract Win for Device Authority
Further to the announcement dated 27 December 2018, Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), notes that Device Authority ("DA"), in which it has a 56.8% holding, has announced that nCipher Security was the hardware security modules (HSM) vendor with which it partnered to deliver a security solution for high quality surgical devices. DA is not yet in a position to name the end user of the security solution.
**ENDS**
Enquiries
| Tern Plc Al Sisto/Sarah Payne |
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 Elisabeth Cowell / Fiona Norman |
Tel: 020 3757 6880 |