Croma Security Share News (CSSG)

AIM-listed total security services provider Croma Security Solutions Group has announced three new contract wins with major UK firms.It signed a further three-year deal with cinema chain Odeon to provide planned maintenance, servicing, installation and upgrade works to its cinemas. The contract is expected to total between £1.1m and £1.2m over the period.The firm also signed a further five-year agreement with Global Hotelier Hilton Hotels to continue routine maintenance of revenue parking systems & servicing, which is expected to total £0.9m over the five-year period, with the possibility of additional revenue for upgrade works over the tenure of the contract.Croma was also awarded the contract for the installation of its Fastvein biometric access control system into the second largest bank in the UK. The value of the contract was not given.Chairman Sebastian Morley said: "These contract wins mark steady progress in our provision of security solutions to UK and International clients.The contract win for the provision of Fastvein to a major international bank is significant. We have developed Fastvein in conjunction with Hitachi and this has led to a formal partnership. Fastvein provides the simplest, most accurate and fastest biometric access control, time and attendance and identification management system in the market. A contract win with a major bank opens up the financial sector and validates the considerable benefits of Fastvein."