GRC International Group PLC signed a multi-year Payment Card Industry security testing contract with a global provider of managed network solutions. The contract is expected to generate approximately £140,000 over a three year term. Furthermore, the Group's recently launched cloud security consultancy service has signed its first contract.

Combined, this represents a strong start for the Group's technical security business and is strategically important for the direction of GRC going forward. GRC's cyber security testing business is accredited by CREST and is also a PCI QSA (payment card industry qualified security assessor). All its security testing staff are directly employed, with multiple years of testing experience and a raft of current industry qualifications.