Redcentric Regulatory News (RCN)

24 February 2014

Redcentric plc

 ("Redcentric" or "the Group")

Contract Win

Redcentric plc (AIM:RCN), a leading UK IT managed services provider, is pleased to announce a major contract win with an NHS partner, on a project to deliver enhanced IT infrastructure for the health and social care sector.

The contract was won and will be fulfilled by Intechnology Managed Services Limited, the wholly owned subsidiary acquired by Redcentric in December 2013. The NHS client awarded the contract having recognised that Redcentric is one of a handful of managed service providers to offer an accredited N3 connection service across a number of geographically dispersed state-of-the-art data centres with proven expertise in delivering Cloud services to the health sector. The contract is a multi-year agreement with annual revenues from the initial deployment expected to be a seven figure sum.

As a result of this partnership, the NHS client will benefit from cost savings, 24/7/365 hands and eyes support, and impressive levels of data centre and network resilience. Furthermore, the Group's accreditations ensure strict information governance, enabling it to provide the most robust environment to support such critical national programs.

Fraser Fisher, Chief Operating Officer of Redcentric commented: "I am encouraged to see InTechnology continuing to win large and complex contracts. This win leverages the enlarged Group's data centre and network assets and our service offering is supported by a wealth of industry accreditations and a proven capability in the healthcare sector."

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