23 Jun 2014 10:47
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Don't have an account? Click here to register.Castleton Technology wins two new contracts worth £1.8m
Mon, 16th Jan 2017 10:51
(ShareCast News) - Castleton Technology, an AIM listed software and managed services provider to the public and not-for-profit sectors, has secured two new contracts for a combined value of £1.8m.The first is a 10-year contract with Ireland's Clúid Housing Association and the second is a five-year deal with Manchester-based Arcon Housing Association.The contracts are the second and third Housing Management system wins since the company's acquisition of Kypera Holdings in January 2016.The deals are part of the company's strategy of producing a leading range of software solutions to the social housing sector, which is expected to grow significantly over the coming years to meet the rise in demand for housing.The contracts also include other products from the group's range of software products, with Clúid being the first customer to take the complete suite of software products.Finance director of Arcon Anne Southern said: "Adopting the Castleton integrated suite of products means we can interact more efficiently with our customers, which will reduce cost and improve our service to them. We look forward to our future partnership with the Castleton team who impressed us from the very beginning with their professionalism and commitment to working with us."Chief executive at Clúid Brian O'Gorman said: "Over the past two years, Clúid has developed a strong working relationship with Castleton, which has resulted in a number of projects being successfully delivered across the business. This success has prompted us to move to the next stage of growth."The share price fell 1.67% to 59p at 1507 GMT on Monday.
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17 Mar 2014 15:53
CORRECT: Castleton Technology Sells QAD Software Consultancy Assets
(Correcting an article published on March 3 to clarify that references are to Castleton's QAD software consultancy business and not to QAD Inc.) LONDON (Alliance News) - Castleton Technology PLC Monday said it has agreed to sell the trade and certain assets of its business that provided con
Read more3 Mar 2014 13:43
REPEAT: UK MIDDAY BRIEFING: Markets Jolted By Ukraine Crisis
LONDON (Alliance News) - Stocks have tumbled across the world, while gold and oil prices have jumped sharply, after Russia moved over the weekend to take control of the Crimea, prompting fears that Ukraine could end up going to war with its bigger neighbour.
The oil price has hit a
3 Mar 2014 13:40
UK MIDDAY BRIEFING: Markets Jolted By Ukraine Crisis
LONDON (Alliance News) - Stock have tumbled across the world, while gold and oil prices have jumped sharply, after Russia moved over the weekend to take control of the Crimea, prompting fears that Ukraine could end up going to war with its bigger neighbour.
The oil price has hit a 2
3 Mar 2014 11:49
UK WINNERS & LOSERS: Gold Miners Benefit As Gold Price Rises
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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Increasing geopolitical tension following Russia's decision to mobilize its troops in the Crimea region of Ukraine over the weekend has p
5 Feb 2014 08:45
Castleton Technology Appoints Spencer Dredge As Finance Chief
LONDON (Alliance News) - Castleton Technology PLC Wednesday said it has appointed Spencer Dredge, who was heavily involved in the company's recent merger and acquisition activity, as its new Finance Director, with Peter Hallet stepping down from the role straight away, as the company had previous
Read more5 Feb 2014 08:12
UK MORNING BRIEFING: Insurers In Focus As Stephen Hester Joins RSA
LONDON (Alliance News) - Shares have continued their slide at the open Wednesday, despite a positive close overnight on Wall Street.
Brokers have been taking a look at UK insurers after RSA Insurance sprung a positive surprise late Tuesday by appointing turnaround a
5 Feb 2014 08:07
Castleton Technology names new finance director
Castleton Technology, the computer services group formerly known as Redstone, has announced the appointment of Spencer Dredge as its new Finance Director. Peter Hallet, his predecessor, will step down from the company´s board with immediate effect as announced last June. The newly appointed Financ
Read more8 Jan 2014 15:43
Sector movers: AVEVA, Coms, Castleton lift software stocks higher
The software and computer services sector was trading higher on Wednesday with engineering software firm AVEVA lifting the category after an upgrade by UBS. Shares in the FTSE 250 firm were up 7.2% at 2,276p before the close of trade after analysts at the Swiss bank raised their rating from 'neutra
Read more31 Dec 2013 11:00
31 Dec 2013 10:23
Castleton Tech seeking 'new opportunities' after transformational year
Castleton Technology, the AIM-listed software and consultancy firm formerly known as Redstone, said it is now set to seek 'new opportunities' in the technology sector after a transformational first half for the company. During the six months to September 30th, the firm demerged from its network-bas
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