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Pin to quick picksRedcentric Share News (RCN)

Share Price Information for Redcentric (RCN)

London Stock Exchange
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Share Price: 140.00
Bid: 140.50
Ask: 147.50
Change: -3.00 (-2.10%)
Spread: 7.00 (4.982%)
Open: 143.50
High: 143.50
Low: 140.00
Prev. Close: 143.00
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Redcentric wins contract with The Salvation Army

Thu, 15th May 2014 08:39

AIM-listed IT services provider Redcentric has secured a three-year contract to provide a network service solution to UK charity The Salvation Army for 1.5m pounds and annual revenues of 0.4m pounds thereafter.The group will provide the charity with a wide area network to service the over 1000 locations from where it delivers its mission. Staff will thus be able to access internal services by connecting to a MPLS network. The surrounding communities will also benefit from the same through the use of corporate systems and safe internet access.Last month the group announced it had won a trio of long-term contracts which it anticipates to generate £3m in revenues over the next six years.Chief Operations Officer Fraser Fisher said: "We are delighted to have been selected to work with such a prestigious charity. As experts in delivering a wide range of network solutions, we have the proven capability to support all of the client's network requirements."As of 09:13, the share price had risen 0.43% to 113pWS
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