Covata Limited
(ASX:CVT) has been awarded Tier 2 Top Secret Classification for its file sharing application on the UK Government’s Digital marketplace, G Cloud 8.
Covata’s file sharing tool is the only application on the marketplace to hold this status.
The company will be launching a sales and marketing campaign aimed at decision makers across the UK Government in order to capitalize on this key differentiator.
Covata estimates the UK government and public sector represents a potential addressable market of 5.35 million employees.
Covata Limited reported a net loss of $6.9 million at 31 December 2015.