REDT.L Regulatory News (REDT)

12 Jul 2007 07:00

Red24 PLC12 July 2007 red24 signs contract with IAPA red24 plc ("red24" or "the Company"), the AIM-listed global security company, ispleased to announce that it has signed an affiliate agreement with theInternational Airline Passengers Association (IAPA), to provide their memberswith access to red24's membership services. The International Airline Passengers Association (IAPA) provides internationalbenefits and services to more than 400,000 frequent travellers throughout theworld. IAPA was established over 40 years ago and is now highly-regarded amongstinternational travellers. Under the terms of the deal red24 will provide access to its information, adviceand assistance on personal safety and security issues for locations around theglobe. IAPA members will have automatic access to red24's members-only websiteand be able to purchase red24's superior membership services at preferentialrates. The service is provided 24/7 and operates every day of the year to ensurethat travellers are kept abreast of the latest travel related incidents aroundthe world. Commenting, Simon Wakeling, Managing Director of red24, said: "We are delighted to be working with an organisation as prestigious as IAPA and look forward to assisting its members in travelling around the world safely. This contract marks the beginning of what we hope to be a long and fruitful strategic relationship with IAPA. This further consolidates red24's strategy topartner with similar minded organisations which have customers who, we believe,will benefit from having access to our membership services." IAPA's Marketing Director, Chris Hale, stated:"In this increasingly security-conscious age IAPA is dedicated to helping itsmembers travel safely. Working with the security experts at red24 reassures IAPAmembers that the risks associated with travel can be mitigated and gives thempeace of mind that, in the event of the worst happening, help can be close athand." ---ENDS--- Threadneedle Communications 020 7936 9606Josh Royston / Graham Herring Notes to Editors: red24 plc is a provider of security risk management services, offeringpreventative and reactive advice to help individuals avoid and manage personalrisks to themselves and their families. The products are distributed throughleading international financial service companies. About IAPAThe International Airline Passengers Association represents the interests offrequent flyers through representation in the travel industry. Members alsobenefit from industry-leading insurance and security products, as well asnegotiated savings on other travel products and services. With offices inLondon, Dallas and Hong Kong, IAPA is part of the Collinson Group of companies. This information is provided by RNS The company news service from the London Stock Exchange