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Pin to quick picksRedcentric Share News (RCN)

Share Price Information for Redcentric (RCN)

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Share Price: 143.00
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Redcentric Wins Contracts Worth GBP3 Million

Wed, 30th Apr 2014 11:44

LONDON (Alliance News) - Redcentric PLC said Wednesday it has won three new contracts which will generate combined revenue of approximately GBP3 million.

The UK IT managed services provider said the contract periods range from three to six years.

Redcentric's new contract with an insurance brokerage will see it deliver a host and fully managed Microsoft Lync platform, servicing 1,400 users across 40 sites.

The second contract is with an NHS Trust partner, secured following a tender process. The contract is a three year managed service contract delivering and supporting an enhanced IT infrastructure.

The final deal is with a commercial property consultancy firm. The customer has signed a six year contract for Redcentric to manage an Infrastructure as a Service (IaaS) solution for a business critical application. Redcentric said it is working closely with the client to support its migration of a number of business critical applications into the cloud.

Shares in Redcentric were trading 2.43% lower at 113.18 pence per share Wednesday afternoon.

By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.

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