IKE signs material customer contract

ikeGPS Group Limited p. 1
350 Interlocken Blvd, Suite 390, Broomfield CO 80021, USA
Office: +1 303 222 3218
www.ikegps.com



FOR IMMEDIATE RELEASE
19 March 2021

IKE signs material customer contract with U.S. national
engineering services business
Crown Castle International begins roll out of the IKE Platform

ikeGPS Group Limited (NZX:IKE/ASX:IKE) (“IKE” or “the Company”), the company setting the
standard for collecting, managing and analysing pole and overhead asset information for North
American electric utilities, communications companies and their engineering service providers, is
pleased to announce that it has won a material long-term contract with a national engineering
services business operating across the U.S. communications and utilities market. Their use of the
IKE Platform will translate to approximately $0.7m revenue per annum.
IKE is also pleased to announce Crown Castle International Inc. (CCI), the largest provider of
communications infrastructure for cell towers, small cells, and fiber in the U.S., has standardized on
the IKE Platform for pole-related 5G and fiber deployment processes. IKE originally described CCI’s
profile to the NZX and ASX in July 2020 and this marks the first time that it has been able to name
them as a significant customer. Over the past quarter IKE has deployed its systems into an initial
eight CCI regions.
IKE CEO Glenn Milnes, commented: “We are pleased to be closely aligned with CCI. Our objective is
to get CCI networks built and to market faster, be it fiber or 5G construction, where the IKE platform
has proven to more than double their pre-construction speeds for network deployments.”
“The majority of the revenue opportunity for IKE relating to CCI standardization however comes from
their 200+ engineering service providers, as opposed to CCI itself.”
CCI’s 2020 Director of National Construction Small Cell, Robbie Heaps, said: “Delivering on the
Crown Castle promise calls for a modern approach to how small cell and fiber data is collected in
the field and then processed in our back office. IKE brings the platform and a creative and
resourceful team to reduce permitting acceptance times. We’re leaning on them to improve our
speed to market.”
Commenting on the signing of the material and long-term engineering service provider (ESP)
contract, Glenn Milnes continued: “We are also pleased to have closed this large and long-term
contract with an important national ESP. Like many ESP’s, this group perform network engineering
for multiple communications businesses and in this case for AT&T Inc., Verizon Inc., as well as CCI.
The expected revenue from this ESP contract is $0.7m per annum based on run rate IKE Platform
usage.”

ikeGPS Group Limited p. 2
350 Interlocken Blvd, Suite 390, Broomfield CO 80021, USA
Office: +1 303 222 3218
www.ikegps.com


ENDS
IKE seeks to be the standard for collecting, analysing and managing pole and overhead asset
information for electric utilities, communications companies, and their engineering service
providers.
Contact: Glenn Milnes, CEO, +1 720-418-1936, glenn.milnes@ikegps.com