Contract Win

RNS Number : 1582H

Redcentric PLC

15 May 2014

 

15 May 2014

Redcentric plc

 ("Redcentric" or "the Group")

Contract Win

Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is pleased to announce a contract win with the leading UK charity The Salvation Army. The three year contract has an approximate value of £1.5 million with annual revenues of approximately £400,000 thereafter.

The contract was won through a highly competitive tender process. Redcentric was selected to provide a full Wide Area Network (WAN) by delivering network services to over 1000 locations from which the charity delivers its mission. The initiative will enable the charity's staff to connect to a MPLS network providing not only secure access to internal services, but also providing services for the community using a variety of corporate systems and safe internet access.

Martyn Croft, CIO of The Salvation Army UK and Republic of Ireland Territory sees the importance of the network in helping to serve The Salvation Army mission, and recently commented on the "importance of this initiative in creating a 'connected army' able to help the people it serves."

Fraser Fisher, COO of Redcentric, commented: "We are delighted to have been selected to work with such a prestigious charity. As experts in delivering a wide range of network solutions, we have the proven capability to support all of the client's network requirements."

Enquiries:

Redcentric plc Tony Weaver, Chief Executive Fraser Fisher, Chief Operating Officer	Tel. [phone]
N+1 Singer - Nomad & Joint Broker	Tel: [phone]
Jonny Franklin-Adams / Ben Wright
finnCap - Joint Broker	Tel: [phone]
Charlotte Stranner / Stuart Andrews
MXC Capital Advisory LLP - Corporate Finance Adviser Marc Young	Tel. [phone]
Newgate Threadneedle - Financial PR Josh Royston / Hilary Millar	Tel. [phone]

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.

About The Salvation Army

The Salvation Army is a Church and charity dedicated to caring for people who are vulnerable or in need in every community. We are there when you need us, working in 126 countries offering compassionate support and practical help.

In the UK and Republic of Ireland this work includes more than 800 community churches and social centres. Registered Charity Nos. 214779, 215174 and in Scotland SC009359, SC037691. For more information visit the website www.salvationarmy.org.uk

Visit us on Facebook: https://facebook.com/salvationarmyuk or Twitter on: https://twitter.com/salvationarmyuk

 

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