Contract Win

RNS Number : 8622I

Redcentric PLC

05 June 2014

 



5 June 2014

Redcentric plc

 ("Redcentric" or "the Group")

Contract Win

Redcentric plc (AIM:RCN), a leading UK IT managed services provider, is pleased to announce that it has won a major new contract with an NHS partner, worth in excess of £5 million.

The two year contract is to provide a unique solution engineered for application performance, providing fast processing and quicker application deployment, making its big data more manageable. The contract was procured through GCloud and is in addition to an earlier agreement with the same partner announced on 24 February 2014. Redcentric will also deliver a range of services including networking services and virtual desktop infrastructure (VDI).

Tony Weaver, CEO of Redcentric plc, comments, "We are delighted to be able to announce this further contract with an existing partner, which is an endorsement of the solutions and service levels provided by Redcentric. This is the latest in a series of significant multi-year contract wins as Redcentric continues to be seen as the managed services provider of choice."

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 2,000 customers across the UK. Redcentric has a comprehensive product portfolio that delivers true end-to-end managed services. The Group wholly owns 3 world class data centres with an estate in excess of 1,200 racks, in addition to significant national MPLS network assets over which critical IT data and voice services are delivered. Redcentric also owns and operates its 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 Group 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 Group; Redstone Managed Solutions, Maxima Managed Services and InTechnology Managed Services.

www.redcentricplc.com.

 

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