Contract Win

26 February 2013

Redstone plc

 ("Redstone" or "the Company")

Contract Win

Redstone plc (AIM:RED.L), a leading provider of network based end to end managed services, technology and infrastructure solutions, is pleased to announce a three year Infrastructure as a Service contract with a leading consulting company.

The deal is worth approximately £550,000 over the course of the three year contract, with scope to increase in value within the next two years as more and more end users come on line.

Redstone will utilise its highly resilient cloud infrastructure to provide over 70 virtual servers to the client for the purpose of web applications, development environments and disaster recovery.

Fraser Fisher, Managing Director Redstone Group Operations, commented, "It is pleasing to win this multi-year annuity deal with a leading blue-chip business, and is another significant win for our cloud services."

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