Contract Win

RNS Number : 3292Z

Coms PLC

26 May 2016

 

COMS PLC

("Coms")

Coms to deliver customer focused solution for leading retail destination

Coms (AIM: COMS), a leading provider of technology and services for smart buildings and commercial spaces, is pleased to announce that Connect IB, its software and solutions business, has been awarded a contract by the owners and management agents of a major city centre shopping centre on the south coast of the UK.

The contract sees the implementation of smart technologies to improve the shopper experience along with real time analytical reporting on shopper activity within the centre and the immediate surrounding area.

The solution, due for public release in August 2016, utilises smartphone and beacon technology to deliver location based services, loyalty, car parking integration and digital wayfinding within the centre and car park. Connect IB's cloud-based platform delivers a loyalty scheme for retailers and partners in the immediate area including redemption and analytics.

Key to Connect IB providing accurate location based services on Android and Apple devices will be the deployment of a wide area iBeacon network across the whole of the centre and integral multi-level car park, delivered by Coms' wholly owned subsidiary, Redstone.

Mark Braund, Chief Executive Officer of Coms, commented:

"This contract win is an excellent example of the powerful synergies between Redstone and Connect IB, delivering software and infrastructure expertise that major retail destinations are increasingly looking for.

"Connect IB has a long and successful track record in the retail real estate sector and, when aligned with Redstone's capabilities, we are one of the most compelling end to end solution providers in the market."

 Enquiries:

Coms plc Mark Braund (CEO) Spencer Dredge (CFO)	[phone]
Panmure Gordon (UK) Limited (Nominated Adviser and Joint Broker) Karri Vuori / Adam James / James Greenwood	[phone]
Whitman Howard Limited (Joint Broker) Nick Lovering	[phone]
Vigo Communications (Financial Public Relations) Jeremy Garcia / Ben Simons / Fiona Henson [e-mail]	[phone]

 

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