SysGroup PLC Contract Win (6088G)
05 March 2018 - 6:00PM
UK Regulatory
TIDMSYS
RNS Number : 6088G
SysGroup PLC
05 March 2018
SysGroup plc
("SysGroup" or the "Company" or the "Group")
Contract win
SysGroup PLC (SYS.L), the managed IT services and cloud hosting
provider, today announces that it has signed a three year managed
hosting services contract with T.J. Morris Limited, which trades as
Home Bargains, and is one of the UK's largest high street discount
retailers ("Home Bargains"). The contract value is more than
GBP950,000 over the term of the contract and will commence in March
2018. This contract reflects the Board's strategy of focusing on
managed services which provide the Company with higher quality
earnings through long term relationships.
The contract comes after a competitive and in-depth process to
demonstrate to Home Bargains the Group's capabilities in secure,
managed infrastructure hosting and support. At a time when the
adoption of General Date Protection Regulation ("GDPR") is just
around the corner, many UK enterprises are keen to ensure that
their data is not only hosted in safe hands, but their environments
are also protected from the vulnerabilities of the public
internet.
Adam Binks, Chief Operating Officer of SysGroup, commented:
"This is a significant win for SysGroup both in terms of the size
of contract and external validation of the Group's capabilities by
another household name. We look forward to securing future business
in the retail sector."
Frank Christiansen, IT director at T.J. Morris Limited added:
"We selected SysGroup as our new managed services provider due to
its strength, understanding and ability to implement security
measures that conform to the requirements of GDPR, as well as its
extensive, flexible and consultative-led approach to IT
solutions."
For further information please
contact:
Tel: 0151 559 1777
SysGroup plc
Michael Edelson, Executive Chairman
Adam Binks, COO
Julian Llewellyn, CFO
Shore Capital (Nomad and Broker) Tel: 020 7408 4090
Edward Mansfield / Anita Ghanekar
Alma PR (Financial PR) Tel: 020 8004 4218
Josh Royston / Hilary Buchanan
/ Helena Bogle
About SysGroup
SysGroup is a leading provider of Managed IT Services, Cloud
Hosting, and expert IT Consultancy. The Group delivers solutions
that enable clients to understand and benefit from industry leading
technologies and advanced hosting capabilities. SysGroup focuses on
a customer's strategic and operational requirements - enabling
clients to free up resources, grow their core business and avoid
the distractions and complexity of delivering IT services.
The Group has offices in Liverpool, Coventry, London and
Telford.
For more information, visit http://www.sysgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTLFFIIVLIFIIT
(END) Dow Jones Newswires
March 05, 2018 02:00 ET (07:00 GMT)
Sysgroup (LSE:SYS)
Historical Stock Chart
From Apr 2024 to May 2024
Sysgroup (LSE:SYS)
Historical Stock Chart
From May 2023 to May 2024