Assetco Regulatory News (ASTO)

25 Apr 2008 07:01

AssetCo PLC25 April 2008 For Immediate Release 25 April 2008 AssetCo Emergency Resources Wins London Fire Brigade (LFB) Swift Water and Flood Rescue Training Contract AssetCo plc ('AssetCo') is pleased to announce the contract to deliver swift water and flood rescue training for the London Fire Brigade has been awarded to its wholly owned specialist training subsidiary, RIG Systems Limited (RIG). The second contract of this type that LFB have purchased from RIG, this contractaccommodates initial training for new Fire and Rescue Unit (FRU) personnel andongoing maintenance of skills training until 2011. The contract, worth up to£500,000, will cover the largest corporate swift water training programme todate in the UK. RIG, part of AssetCo's newly established Emergency Resources business, wasacquired in March 2008 and is a specialist technical safety and rescue trainingconsultancy. Already achieving international recognition, RIG's FRU Moving WaterTechnician programme is accredited and audited by the International RescueInstructors Authority (IRIA). Jeff Ord, CBE, Managing Director of AssetCo Emergency Resource business, said: "We are delighted with this contract award. London Fire Brigade is a longstanding and highly valued client of AssetCo. The quality of LFB's swift waterand flood rescue training programme was recognised internationally in 2006 whentheir programme development team was honoured in the Higgins and LangleyMemorial Awards in Swift Water Rescue - the first non-US agency to receive theprestigious award. This contract is especially significant with the recentpublication of the Fire Commissioner's report on lessons learnt with regard toflooding in the UK last year. We are proud to play a role within this highperformance capability development programme." For further information please contact: AssetCo plcSue Alsop Tel: +44 (0) 7870 270840 Buchanan Communications Tel: +44 (0) 20 7466 5000Isabel Podda Notes for editors: International Rescue Instructors Authority (IRIA) (www.iria.org). Higgins and Langley Memorial Awards in Swift Water Rescue (http://higginsandlangley.org/mediarelease.shtml About AssetCo (www.assetco.com) AssetCo plc, (AIM : ASTO), is a leading providerof outsourced and managed support services to the emergency and homelandsecurities markets in Great Britain and Northern Ireland and emerging marketsoverseas. The company employs some 860 people in 12 locations. Subsidiaries of AssetCo plc include: AssetCo Emergency Limited AssetCo Group LimitedPapworth Specialist Vehicles Limited AS Fire and Rescue LimitedCollins Youldon FSE LimitedTodd Research Limited BlueAmberRed LimitedSimentra Limited AssetCo Emergency Resource LimitedAES Group UV Modular LimitedThe Vehicle Application Centre RIG Systems Limited This information is provided by RNS The company news service from the London Stock Exchange