20 Jan 2014 07:00
20 January 2014
Coms plc("Coms" or the "Company")
Coms plc announces further business infrastructure contract wins
Coms plc (AIM: COMS) is pleased to announce significant further contract wins in its Redstone business. These contract wins are in addition to the announcement of contracts on 6th January 2014 and add to our confidence for the next financial year. In summary the contracts awarded consist of:
· Infrastructure project with a leading outsourcing provider at their data centre. This contract is worth £450,000 and is the first phase of 4
· Business infrastructure and cabling project for major investment, multinational bank worth £365,000
· Consultancy and implementation project worth £320,000 with a pre-eminent networking organisation
· Cabling and infrastructure services to a growing international financial institution worth £150,000. This is the first of a number of planned installations
· Contract to supply highly regarded, well established vendor with data centre implementation and organisation worth initially £150,000
Additionally, the tenders and opportunities we are currently invited to participate in or completing are considerable, and if we are successful will contribute considerably to the revenue potential of the Company. This strategic outlook is very encouraging.Dave Breith, CEO of Coms, commented: "These contracts firmly demonstrate the value of our approach, focus and dedication. Customers are turning to Coms businesses because of our innovation and expertise. The articulation of competitive quotes in the current, improving financial climate is also a huge factor"
For further information, please contact:
Coms plc
David Breith (CEO) +44 (0) 207 148 3000
Iain Ross (Chairman)
Charles Stanley Securities +44 (0)207 149 6000
(Nominated Adviser and Joint Broker)
Karri Vuori / Philip Davies
SI Capital Limited +44 (0) 1483 413 500
(Joint Broker)
Andy Thacker / Nick Emerson
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