19 Dec 2014 07:00
19 December 2014
REGENERSIS PLC
("Regenersis" the "Company" or the "Group")
NEW BUSINESS WINS
Regenersis plc, a strategic outsourcing partner to many of the world's largest technology brands, is pleased to announce five new contract wins or contract extensions in its Depot business:
· A new contract with HTC covering repair in the USA and Mexico. This continues to widen the Group's strategic partnership with HTC and in particular broadens the client base in our Memphis facility. Both contracts will start in calendar year mid-2015.
· The extension of an existing refurbishment contract with a leading Global mobile OEM to include full screen refurbishment, serviced from our new refurbishment facility in Romania.
· A repair contract for Lenovo for their Russian tablet and notebook products which is to be serviced from our Moscow facility and further expands the number of leading manufacturers supported there.
· A contract servicing Asus branded notebooks, tablets and phones in Germany. The contract includes both in warranty and out of warranty repairs.
· A long term contract with Ingenico Healthcare Germany who are the market leader for e-health terminal solutions. The contract provides repair, device management and refurbishment activities serviced from our facility in Sömmerda, Germany.
The group expects these new business wins to deliver in excess of £17 million annualised revenue for the Depot division once they have reached their anticipated run rate.
Matthew Peacock, Executive Chairman of Regenersis, said:
"These new contracts support our market share gains in the Depot division and are within our forecasts for the Depot division this year and next".
Enquiries:
Regenersis Plc +44 (0) 20 3657 7000
Matthew Peacock, Executive Chairman
Jog Dhody, Chief Financial Officer
Panmure Gordon (UK) Limited (Nomad and Joint Broker) +44 (0) 20 7886 2500
Dominic Morley, Corporate Finance
Charles Leigh Pemberton, Corporate Broking
Cenkos Securities (Joint Broker) +44 (0) 20 7397 8900
Stephen Keys, Corporate Finance
Julian Morse, Sales
Tavistock Communications +44 (0) 20 7920 3150
Matt Ridsdale / Keeley Clarke / Emma Blinkhorn
Regenersis provides a suite of product life cycle support services designed to help companies and their customers successfully deploy, protect, sustain, retire and re-use digital technology.
www.regenersis.com