Contract Win

RNS Number : 7802Y

Newmark Security PLC

04 December 2014

 

Newmark Security plc

("Newmark" or the "Company")

CONTRACT WIN

Safetell Limited Secures New £4m Order

Newmark Security plc (AIM:NWT), a leading security solutions group, offering safety and security for organisation's personnel and assets, is pleased to announce today that its wholly owned subsidiary, Safetell Limited ("Safetell"), has secured a new £4 million order for the supply of equipment and preventative maintenance to a leading global brand and high street bank. The contract is for the period 1 November 2014 to 31 October 2017 with the option of a further one year extension. Under the terms of the contract, the Company is unable to disclose further details but can confirm that the order was placed by an existing and long-term customer.

Safetell is a leading designer, manufacturer, installer, and maintenance provider of bespoke physical security products; including security screens doors and glazing, counterwork, cash scoops, night-pay hatches, secure-line products, and slip-bins. Safetell provides a range of affordable cash recycling and management safe products for the banking sector and other cash-in cash-out operations.

Safetell Service provides repair and maintenance services for the branch networks of high street brands, including full lock repair, CCTV services, access control support, and repair of physical security equipment.

Commenting, Marie-Claire Dwek, CEO of Newmark, said:  "We have supplied this customer for the last 25 years and we are delighted that the quality of our product and service offering has been recognised. Safetell is a provider of high specification security products to, inter alia, large corporate clients and is committed to providing good value services that aid such clients in meeting their business objectives".

For further information:

Newmark Security plc
Marie-Claire Dwek, Chief Executive Officer Brian Beecraft, Group Finance Director	Tel: [phone]
	www.newmarksecurity.com

Cantor Fitzgerald Europe
David Foreman / Mark Percy, Corporate Finance David Banks / Paul Jewell, Corporate Broking	Tel: [phone]
	www.cantor.com

Yellow Jersey PR Limited

Dominic Barretto / Anne Sampson / Kelsey Traynor                   Tel: [phone]

[e-mail]

Notes to Editors:

Newmark Security PLC is a leading provider of electronic and physical security systems, which focus on personal security and the safety of assets.  Operating through two established and wholly owned divisions, Grosvenor Technology (Electronic) and Safetell (Physical Security), the Group listed on AIM in 1997.

Grosvenor Technology provides state of the art access control and data acquisition systems delivered via its reputable JANUS access control platform and its CUSTOM brand data-collection terminals.  The next generation and recently launched SATEON software is a new and innovative access control concept which delivers all the features of a software based system but in the cloud which combines the advantages of a software based system with cloud technology to improve lifecycle cost, install speed and allow for instant maintenance from anywhere in the world. Grosvenor Technology clients include BAE Systems, UK Air Traffic Control, BSkyB, Merrill Lynch, Bank of America, M & S, Morrisons, Tesco, Network Rail, government departments and many universities.  More information can be found at www.grosvenortechnology.com 

Offering personnel and asset protection since 1987, Safetell is the UK's leading provider of fixed and reactive security screens, reception counters, cash management systems and associated security equipment.  Safetell's customers range from leading blue chip organisations to single sites including banks and building societies, police forces and the Post Office, local authorities and government departments, forecourt retailers and supermarket chains.  More information can be found at www.safetell.co.uk

 

END

 

 

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