Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSMRT.L Regulatory News (SMRT)

  • There is currently no data for SMRT

Additional contract wins

27 Feb 2014 07:00

RNS Number : 0376B
Coms PLC
27 February 2014
 



27 February 2014

Coms plc

("Coms" or the "Company")

 

Additional contract wins strengthen Coms' growth

 

Coms plc (AIM: COMS) is delighted to announce further business wins across the Company. These will contribute to the revenue targets for the Company's financial year ending January 2015 and complement the recently published Trading Statement.

 

Recent contract awards total in excess of £1.73m worth of revenue and include:

 

· Significant contract wins from a number of new channel partners worth a total of £696,000 revenue per annum. Primarily delivering hosted lines and calls, they also include the transference of IP traffic via SIP trunks.

· Through its Redstone subsidiary, the Company has been awarded a contract totalling £499,000 to supply a Cisco converged network to a large commercial property company. Through this contract award, it consolidates the Company's ICT business to support its leading position in infrastructure provision.

· Through its Redstone subsidiary, Coms was also awarded further infrastructure installations for:

o two leading financial services client with a combined contract value of £128,000;

o an energy company with a contract value of £55,000;

o leading retailer. Contract worth £51,000;

o a healthcare provider with a contract value of £39,000.

· Coms' recent acquisition of CloudXL is already delivering additional revenue; the Company has secured a three month implementation of a new telephone system for a leading housing trust. With over 15,000 tenants and 8,100 homes, the diverse nature of the environment required the Company's specialist implementation programme. This contract is worth £111,000 in revenue and covers hardware provision and managed service support for the period.

· Additionally, CloudXL has secured additional contract wins worth £25,000 with many recognisable high street names through the implementation of hardware and telephony services.

· Coms Media has recently been awarded a contract to deliver a new season of 11 episodes of a documentary to an engaging, vivid and interesting satellite television channel. This award win is worth over £50,000, and puts the Company's creativity in front of a dedicated audience.

· Additional contract wins including providing Computer Generated imagery (CGi) to a world renowned innovator in the field of home electronics, providing filming expertise to an unrivalled accountancy and consultancy firm and highly specialised Augmented Reality (AR) expertise and innovation to a global corporation who specialise in the provision of home security. Collectively, these contracts are worth £85,000

 

Dave Breith, CEO of Coms, commented: "Across our Company, we are being recognised in our abilities in delivering a range of services which are being utilised by a range of businesses across the world - from SME to multinational blue chip. The revenue these contracts give us maintains the momentum we've developed. What is also extremely encouraging is the speed at which our new acquisitions have settled into our structure and the opportunities they are presenting to teams across the Company."

 

For further information, please contact:

 

Coms plc +44 (0) 207 148 3000

David Breith (CEO)

Iain Ross (Chairman)

 

Newgate Threadneedle +44 (0) 207 653 9858

(PR)

Robyn McConnachie

 

Notes to Editors

 

About Coms

 

Established in 2005, Coms is an end-to-end provider of telecommunications and IT services to business and industry. From hosted VoIP telephony to smart buildings to broadband to business infrastructure, Coms offers an unrivalled service built on innovation, passion and dedication. Unlike most VoIP providers, Coms does not rely on third party providers and we own and operate a UK based Carrier Class telephony platform. For more information, please visit www.coms.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAQKADNOBKDPBB
Date   Source Headline
2nd May 20247:00 amRNSCancellation - SmartSpace Software plc
1st May 202410:45 amRNSScheme Effective
1st May 20247:30 amRNSSuspension - SmartSpace Software plc
30th Apr 202410:41 amRNSForm 8.3 - [SmartSpace Software plc]
26th Apr 20241:30 pmRNSCourt Sanction of Scheme of Arrangement
24th Apr 20246:00 pmRNSSmartspace Software
24th Apr 20244:45 pmRNSDetails of Court Sanction Hearing
23rd Apr 202410:10 amRNSForm 8.5 (EPT/RI)
19th Apr 20242:18 pmRNSForm 8.3 - Smartspace Software plc
19th Apr 202410:51 amRNSForm 8.5 (EPT/RI)
18th Apr 20241:00 pmRNSResults of Court Meeting and General Meeting
17th Apr 202411:26 amRNSForm 8.3 - [SmartSpace Software plc]
15th Apr 20245:30 pmRNSDisclosure under Rule 2.10(c) of the Takeover Code
15th Apr 202410:31 amRNSForm 8.3 - [SmartSpace Software plc]
11th Apr 20242:35 pmRNSForm 8.3 - Smartspace Software plc
11th Apr 20248:04 amRNSForm 8.5 (EPT/RI)
9th Apr 20244:30 pmRNSHolding(s) in Company
9th Apr 20242:46 pmRNSForm 8.3 - SmartSpace Software Plc
9th Apr 20242:37 pmRNSForm 8.3 - Smartspace Software plc
9th Apr 20242:00 pmRNSDisclosure under Rule 2.10(c) of the Takeover Code
9th Apr 20241:00 pmRNSForm 8.3 - SmartSpace Software plc - Trafalgar
9th Apr 20249:00 amRNSHolding(s) in Company
8th Apr 20242:19 pmRNSForm 8.3 - Smartspace Software plc
5th Apr 20242:34 pmRNSForm 8.3 - SmartSpace Software plc
5th Apr 202411:26 amRNSForm 8.3 - Smartspace Software plc
3rd Apr 20244:26 pmRNSForm 8.3 - Smartspace Software PLC
3rd Apr 20243:10 pmRNSForm 8.3 - Smartspace Software PLC
2nd Apr 202410:41 amRNSForm 8.5 (EPT/RI)
28th Mar 20241:00 pmRNSForm 8.3 - SmartSpace Software plc - Trafalgar
28th Mar 202411:15 amRNSDisclosure under Rule 2.10(c) of the Takeover Code
28th Mar 202410:33 amRNSForm 8.3 - Smartspace Software Plc
28th Mar 20249:22 amRNSForm 8.5 (EPT/RI)
27th Mar 202412:04 pmRNSForm 8.3 - SMARTSPACE SOFTWARE PLC
27th Mar 202410:56 amRNSForm 8.3 - [SmartSpace Software plc]
27th Mar 20249:00 amRNSPublication of Scheme Document
27th Mar 20247:00 amRNSDisclosure under Rule 2.10(c) of the Takeover Code
27th Mar 20247:00 amRNSForm 8.3 - SMARTSPACE SOFTWARE PLC
26th Mar 20245:30 pmRNSHolding(s) in Company
26th Mar 20242:19 pmRNSForm 8.3 - Smartspace Software plc
26th Mar 202411:46 amRNSForm 8.3 - Smartspace Software PLC
26th Mar 202411:15 amRNSHolding(s) in Company
26th Mar 202410:24 amRNSForm 8.3 - Smartspace Software PLC
26th Mar 20249:37 amRNSForm 8.5 (EPT/RI)
26th Mar 20248:54 amRNSForm 8.3 - SMARTSPACE SOFTWARE PLC
25th Mar 20246:15 pmRNSHolding(s) in Company
25th Mar 20246:03 pmRNSForm 8.3 - SmartSpace Software plc
25th Mar 20243:30 pmRNSForm 8.3 - Smartspace Software plc
25th Mar 20242:40 pmRNSForm 8.3 - Smartspace Software plc
25th Mar 20241:58 pmRNSForm 8.3 - [SmartSpace Software plc]
25th Mar 202412:30 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.