Ann: FCOS and Covata to partner in UK Government-CVT.AX, page-2

Just a few of the statements from TT that are significant... The fundamentals are only ever improving here...

"To be partnering with them for secure file sharing over the top of these trusted networks is a game changing opportunity for Covata. It is a markedly different scenario to other channel partners as this is government selling Safe Share on approved and trusted networks to other government departments/agencies. The reseller agreement will also allow Covata to bring customers to this arrangement thus strengthening the sales offering when Covata is directly engaged with government agencies"

"As previously announced, it is anticipated that the definitive reseller agreement will be finalised by the end of June ahead of Covata’s new G Cloud 8 listing. Pricing will start at the published G Cloud 7 prices of £6 - £8 per user per month and Covata will share this with FCOS on commercial terms similar to any other channel partner model."

"Beyond the 14,000 employees of FCO, the total addressable market across the wider UK Government is substantial; millions of employees across numerous departments and agencies, and all external users these employees deal with for sensitive communications, both commercial and diplomatic around the world."