AssetCo wins £8m Scottish Amb

RNS Number : 7473L
AssetCo PLC
16 January 2009
 



    

16 January 2009


AssetCo plc



AssetCo wins £8m Scottish Ambulance contract

 

 

AssetCo plc (AIM : ASTO) is pleased to announce that UV Modular, a wholly owned subsidiary, has been awarded a further contract to supply ambulances to the Scottish Ambulance Service NHS Trust.

 

The Company will provide 'frontline ambulances' over a two year period in a contract worth approximately £8m, with the potential to extend the contract by a further two years.


This follows on from the successful winning of an earlier £700,000 contract with the Scottish Ambulance Service for the supply of PTS van conversions. In the past four years the Company has been responsible for the design and manufacture of almost all frontline vehicles in service in Scotland


Peter Mounsey, Managing Director of UV Modular said:


'
This contact win demonstrates that even within today's tough economic conditions, there is a market need for specialist technology and integrated vehicle design and build solutions. Today's public authority clients place great faith in their asset providers to deliver safe and workable solutions.'




Enquiries: 


AssetCo


Tel: +44 (0) 20 8515 3999

Frank Flynn, Financial Director            



James Collins, Investor Relations





Pelham Public Relations


Tel: +44 (0) 20 7743 6670

Alex Walters    



Francesca Tuckett 





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