---
title: "Al Sisto, CEO Tern PLC (TERN.L) Podcast"
publisher: "Share Talk"
author: "sharetalk"
published: "2020-08-13T13:27:37+00:00"
modified: "2020-08-13T13:27:37+00:00"
date: 2020-08-13
canonical: "https://www.share-talk.com/al-sisto-ceo-tern-plc-tern-l-podcast/"
category: "Exclusive Interviews"
categories: ["Exclusive Interviews", "Technology, Media & Telecoms"]
tags: ["Al Sisto", "Device Authority", "Microsoft", "TERN"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Al Sisto, CEO Tern PLC (TERN.L) Podcast

**Published:** August 13, 2020
**Author:** sharetalk
**Categories:** Exclusive Interviews, Technology, Media & Telecoms
**Tags:** Al Sisto, Device Authority, Microsoft, TERN
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

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**Contract Win for Device Authority**

**Tern Plc (AIM:TERN),** the investment company specialising in the Internet of Things (“IoT”), announced that its portfolio company, Device Authority (“DA”), has entered into a contract with a value of approximately £200,000 with one of the largest global automotive component and safety technology manufacturers (“the Client”), alongside its Technology Alliance Partner, nCipher.

 

**Tern’s CEO Al Sisto said:**

 

“This is an important contract for DA which validates the superiority of its technology and its use in the automotive sector. We are delighted with this contract win with a leading global automotive component and safety technology manufacturer. The current COVID-19 pandemic has accelerated the technology trends that we were already observing in the industrial sector and with increased automation comes a much higher need for best-in-class security solutions. Through our investment in DA, which is partnered with leading players such as nCipher, PTC and Microsoft, Tern is ideally placed to capitalise on this.”

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**Original URL:** https://www.share-talk.com/al-sisto-ceo-tern-plc-tern-l-podcast/
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