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Re Agreement

23 Jun 2011 07:00

RNS Number : 9525I
Redstone PLC
23 June 2011
 

 

 

 

 

 23 June 2011

 

Redstone Plc

("Redstone" or "The Company")

 

Contract win within Financial Sector

 

 

Redstone Plc (AIM: RED), the leading provider of network based end to end managed services, technology and infrastructure solutions, announces a significant new business contract with another major international bank. For competitive reasons, the Company is unable to disclose the identity of this customer.

 

The project will see Redstone install structured cabling across multiple floors and infrastructure solutions across two locations.

 

The work, which will be completed by June 2011 has a total contract value of £1,500,000.

 

Tony Weaver, Chief Executive, Redstone Plc, commented:

 

"We are delighted to have won further new business with another major international bank. It shows our growing presence in the financial sector and underpins our strategy of becoming the supplier of choice in the network based managed services marketplace. The potential for future business as a result of this contract is of great significance and we look forward to delivering a quality product."

 

 

Enquiries:

 

Redstone plc

Tel. +44 (0)845 201 0000

Tony Weaver, Chief Executive

Peter Hallet, CFO

FinnCap, Nominated Advisor

Tel. +44 (0)20 7600 1658

Marc Young/Charlotte Stranner

Hansard Communications

Nicholas Nelson/ Guy McDougall

Tel. +44 (0)20 7245 1100

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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