Contract wins

RNS Number : 5756J

Coms PLC

18 July 2013

 



18 July 2013

Coms plc

("Coms" or the "Company")

Contract Wins

Coms plc. (AIM: COMS) Has made a number of smaller contract wins over the past month within its retail division. Whilst no single contract is significant, the combined gross profit will be £60,000 per annum and more importantly are primarily recurring annual service driven contracts with minimal cost of sales. The contracts won include:

·      University of Brighton

·      Glencore Exploration

·      Uswitch in Partnership with Forward Group

·      CenterParcs

·      Ticco Foods

·      South Tees NHS Trust

Dave Breith (Coms CEO) states "By signing contracts with Enterprise customers such as these gives Coms significant upsell opportunities. It is hard to win the initial business with such organisations so this further demonstrates that our sales and marketing activity is working and we not only expect to sign up more customers but also be well positioned to be the provider of choice with these customers when the larger contracts are awarded"

Coms plc

David Breith (CEO)                                                                  [phone]

Grant Thornton UK LLP (Nominated Adviser)

Colin Aaronson / Jen Clarke                                                    [phone]

Simple Investments (Broker)

Andy Thacker / Nick Emerson                                                 [phone]

Newgate Threadneedle (PR)

Graham Herring                                                                      [phone]

Notes to Editors

Coms plc is listed on the London Stock Exchange (AIM market) and is a leading player in the provision of Hosted VoIP Telephony to UK businesses with over 10-years' experience in the telecoms sector. Unlike most VoIP providers, Coms does not rely on third party providers and we own and operate a UK based Carrier Class Telephony Platform.

 

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