REDCENTRIC PLC — Regulatory Filings 2014

Apr 30, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8366F

Redcentric PLC

30 April 2014

30 April 2014

Redcentric plc

("Redcentric" or "the Group")

Contract Wins

Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is pleased to announce a number of contract wins which will generate circa £3 million revenue. The contract periods range from three to six years.

The first contract is for a global insurance brokerage. Redcentric will deliver a hosted and fully managed Microsoft Lync platform which will service 1,400 users across 40 sites, allowing the client to benefit from a fully flexible and scalable service and subsequent cost savings.

The second contract for an NHS Trust partner, secured following a competitive tender process, is a three year managed service contract delivering and supporting an enhanced IT infrastructure. The network will be used to support mobile clinical data applications and wireless voice. The contract has the potential to extend to include a second phase of rollout later in 2014.

The third contract is for a commercial property consultancy firm. The customer has signed a six year contract for Redcentric to manage an Infrastructure as a Service (IaaS) solution for a business critical application. Redcentric is working closely with the client to support its migration of a number of business critical applications into the cloud.

Tony Weaver, CEO of Redcentric, commented:

"We are delighted to announce a series of significant new, multi-year contracts for the Group. These new contract wins are strong validation of our proposition to provide a wide variety of fully managed services and long term support services to our customers. We look forward to working with our clients as their trusted technology partner."

Enquiries:

Redcentric plc Tony Weaver, Chief Executive Fraser Fisher, Chief Operating Officer	Tel. +44 (0)845 034 1111
N+1 Singer - Nomad & Joint Broker	Tel: +44 (0)20 7496 3000
Jonny Franklin-Adams / Ben Wright
finnCap - Joint Broker	Tel: +44 (0)20 7220 0500
Charlotte Stranner / Stuart Andrews
MXC Capital Advisory LLP - Corporate Finance Adviser Marc Young	Tel. +44 (0)20 7965 8149
Newgate Threadneedle - Financial PR Josh Royston / Hilary Millar	Tel. +44 (0)20 7653 9850

About Redcentric

Redcentric is a leading UK IT managed services provider that delivers innovative technology to improve business productivity and efficiency.

Redcentric has more than 450 highly skilled employees serving over 2000 customers across the UK. Redcentric has a comprehensive product portfolio that delivers true end-to-end managed services. The company wholly owns 3 world class data centres with an estate in excess of 1200 racks, in addition to significant national MPLS network assets over which critical IT data and voice services are delivered. Redcentric also owns and operates it's own fibre Metropolitan Area Networks.

With the IT landscape in constant evolution, Redcentric is built around today's modern IT challenges offering application, collaboration, infrastructure, network and IT security services.

The company listed on AIM at the London Stock Exchange in April 2013 (LSE:RCN)Redcentric has a trading history of over 15 years through the three businesses that were brought together to make up the company; Redstone Managed Solutions, Maxima Managed Services and InTechnology Managed Services.

www.redcentricplc.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTMMGZDNLRGDZM