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Trading Update

22 Dec 2011 09:42

RNS Number : 4869U
Gresham Computing PLC
22 December 2011
 



22 December 2011

 

Gresham Computing plc ("Gresham" or the "Company" or the "Group")

 

Contract Wins

 

Gresham Computing plc, the specialist provider of software based solutions that enable customers to achieve real-time financial certainty in transaction and cash management, is pleased to provide the following update.

 

Visibility over revenue, principally for 2012 and beyond, has been improved significantly with the following recent contract wins:

 

·; The Company has won £750,000 of new Real-Time Financial Solutions work, for delivery to customers in 2012; and

·; The Company has renewed and upgraded an existing Software customer in a deal worth at least £750,000 over the period 2011 to 2014.

Chris Errington, CEO Gresham Computing plc, commented:

 

"I am pleased with these recent contract wins. We continue to strengthen our confirmed order book for 2012, whilst also growing our annuity revenue base."

 

Gresham Computing plcChris Errington, CEORob Grubb, CFO

+44 (0) 20 7653 0200

Singer Capital Markets LtdShaun Dobson, Partner and Head of Corporate FinanceJames Maxwell, Director of Corporate Finance

+44 (0) 20 3205 7500

 

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