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27 Oct 2008 07:00
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Nasstar Plc
ContractΒ Win:Β Iris
Nasstar plcΒ ("Nasstar", AIM: NASA),Β which delivers desktopΒ computing over the internet,Β is pleased to report thatΒ Iris London Limited ("Iris") has entered in to a new 3 year contract for Nasstar's Hosted Exchange service.Β Iris isΒ a global marketing agencyΒ and has been a customer of Nasstar since 2006.Β
Under the terms of the contract Nasstar's HostedΒ ExchangeΒ internetΒ service willΒ continue to be used by Iris for a further 3 year term. There are break clauses at the end of each year should Nasstar fail to meet certain service levels.Β
The contract is for aΒ period ofΒ 3Β yearsΒ and the actual value of the contract will depend on exact usage based on an agreed per user per month fee.Β
Charles Black, Nasstar's Chief Executive Officer, said:Β "We are delightedΒ Iris have chosen to commit to a new 3 year contract with Nasstar, its a great endorsement of Nasstar's service for a global enterprise of Iris's size to enter in to a new long term commitment. Iris are a great company that have grown like Nasstar at a fast pace over the last couple of yearsΒ and we are looking forward to both companies experiencing continued growth."Β
Andy Eakins,Β IT Director of IrisΒ said:Β "Nasstar's model of internet delivery for services and usage based payment has suited Iris perfectly as we have trebled in size since 2006 and as we keep growing we just pay for what we use rather than investing capital in trying to do it ourselves. We have enjoyed our relationship with Nasstar since 2006 and look forward to working with them in the years to come."
ENDS
Contact informationNasstar plcCharles Black, Chief ExecutiveΒ OfficerΒ 020 7148 5000About Nasstar plcNasstarΒ (http://www.nasstar.com)Β provides computing over the internet, enablingΒ subscribers toΒ do all of their computing in the internet cloud, withΒ accessΒ toΒ theirΒ desktop,Β files,Β applicationsΒ and emailΒ overΒ the internetΒ rather thanΒ on-premise.Β Cloud computingΒ is a highly scalable service that provides benefits including anywhere access to computingΒ and providesΒ an alternative to traditionalΒ locally installedΒ on-premise computing.
Nasstar was founded in 1998 by Charles Black.Β Nasstar plc was admitted to trading on the London Stock Exchange Alternative Investment Market in December 2005 (AIM: NASA).
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