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Contract wins

18 Jul 2013 07:00

RNS Number : 5756J
Coms PLC
18 July 2013
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๏ปฟ

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18 July 2013

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Coms plc

("Coms" or the "Company")

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Contract Wins

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Coms plc. (AIM: COMS) Has made a number of smaller contract wins over the past month within its retail division. Whilst no single contract is significant, the combined gross profit will be ยฃ60,000 per annum and more importantly are primarily recurring annual service driven contracts with minimal cost of sales. The contracts won include:

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ยท; University of Brighton

ยท; Glencore Exploration

ยท; Uswitch in Partnership with Forward Group

ยท; CenterParcs

ยท; Ticco Foods

ยท; South Tees NHS Trust

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Dave Breith (Coms CEO) states "By signing contracts with Enterprise customers such as these gives Coms significant upsell opportunities. It is hard to win the initial business with such organisations so this further demonstrates that our sales and marketing activity is working and we not only expect to sign up more customers but also be well positioned to be the provider of choice with these customers when the larger contracts are awarded"

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Coms plc

David Breith (CEO) +44 (0) 207 148 3000

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Grant Thornton UK LLP (Nominated Adviser)

Colin Aaronson / Jen Clarke +44 (0) 207 383 5100

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Simple Investments (Broker)

Andy Thacker / Nick Emerson +44 (0) 1483 413 500

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Newgate Threadneedle (PR)

Graham Herring +44 (0) 207 653 9858

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Notes to Editors

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Coms plc is listed on the London Stock Exchange (AIM market) and is a leading player in the provision of Hosted VoIP Telephony to UK businesses with over 10-years' experience in the telecoms sector. Unlike most VoIP providers, Coms does not rely on third party providers and we own and operate a UK based Carrier Class Telephony Platform.

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This information is provided by RNS
The company news service from the London Stock Exchange
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