Re Contract
July 23 2003 - 3:30AM
UK Regulatory
RNS Number:8367N
Vanco PLC
23 July 2003
Vanco unveils impressive new clients
#11 million of total new business signed in past two weeks
Vanco plc, the global virtual network operator (VNO), today announces three new
additions to its growing client list. Totalling in excess of #11 million the new
contracts are with RMC Group plc, the global aggregates company, the Sephora
Group, one of Europe's leading cosmetic and perfumery retailers, and Coperion
GmbH, a global technology company.
The largest of the three contracts, with RMC Group plc, will initially see Vanco
design, implement and manage a Wide Area Network (WAN) connecting 722 sites
across the UK. In order to meet RMC's requirements Vanco proposed a hybrid
network using a variety of IP technologies, specifically an MPLS core with
direct connectivity via ADSL and ISDN services. This solution will deliver a
highly serviced robust network, providing a platform that can be easily expanded
to other geographies or scaled to incorporate further sites in the UK.
Through the Sephora agreement Vanco will network almost 400 of the client's
shops across Europe using an IPSec VPN and ADSL solution. The new network will
provide almost four times as much bandwidth with a lower overall total cost.
Coperion, has appointed Vanco for a five year term to design implement and
manage a new corporate IP VPN WAN, together with a high availability security
solution. Both contracts were signed outside the UK, the former through Vanco's
French office and the latter in Germany.
"These contracts further underline the strength of the Vanco business and the
considerable merits of the VNO approach which we have been pioneering since
1988. We are now fully reaping the rewards of the investments made last year,"
said Simon Hargreaves, Finance Director, Vanco plc. "We continue to perform well
across the group and are confident of meeting market expectations."
About Vanco
Established in 1988, Vanco plc (FTSE: VAN) is one of the leading global virtual
network operators. With solutions available in 230 countries and territories,
Vanco is selected by the world's largest organisations to provide strategic
network solutions. Its customers include FT Interactive Data, Virgin Retail,
Ford Motor Company, Pilkington, Tibbett & Britten and Smith & Nephew.
Through the Vanco network solution customers get access to the greatest
geographic coverage available through a single provider. Vanco offers
incomparable flexibility to customise and adapt the solution in line with market
changes and business priorities.
Vanco is recognised by the industry for its financial success and world class
customer service delivery. A significant proportion of its investment capital
goes into customer care which is reflected by the awards won, independent market
research and customer retention.
For further information please contact:
Vanco plc
Simon Hargreaves Tel: 0208 6361700
Finance Director Email: simon.hargreaves@vanco.co.uk
Andy Brown Tel: 0208 6361721
PR Manager Email: andy.brown@vanco.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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