Coms secures multiple contracts within retail division

AIM-listed voice telecommunications provider Coms has secured a number of new contracts over the past week within its retail division.The group said that they were recurring annual service driven contracts with no associated cost of sales. The combined gross profit of the contracts is £50,000 per annum, the company said. Dave Breith, chief Executive Officer of Coms, said: "Gary Day, our Retail Sales Director, has been extremely busy over the past month with the qualification and tailoring of our hosted solutions which has enabled the team to secure these contracts."Coms's share price was down 1.15% to 2.15p at 13:16 on Tuesday.MF