New contracts
November 25 2003 - 7:57AM
UK Regulatory
RNS Number:4692S
Vanco PLC
25 November 2003
Vanco growth remains on target
#6.7 million of new and incremental business
Vanco plc, the global Virtual Network Operator (VNO), today announces a number
of new contract wins and additional incremental business.
Countrywide Assured Group Plc, the UK's largest Estate Agency and Financial
Services Group, has appointed Vanco, to design, implement and manage a Wide Area
Network (WAN) for its global Surveyor division. The three year agreement, worth
over #2.5 million, will deliver end-to-end connectivity with a high level of
network resilience and performance.
Interface Europe BV, the largest commercial carpet manufacturer in the world,
has appointed Vanco Benelux in a three year agreement worth #770,000 (Euro1.1
million). The new WAN solution will utilise MPLS and public internet access
replacing the existing Frame Relay solution across 24 sites in 19 countries.
In addition to these two contracts Vanco has signed further agreements bringing
the total cumulative value of new and incremental business to #6.7 million.
Additional new clients, amongst others, include in France, Kenzo, a leading
fashion chain; and in Italy, Aquafil Spa, a leading supplier of synthetic
fibres, polymers, and chemicals.
Commenting on these contracts, Allen Timpany, CEO, Vanco plc said, "As we
approach the end of our financial year the business continues to perform as well
as ever. These are important wins which illustrate the strength of our service
focused approach. Growth remains on target to meet current market expectations."
About Vanco
Established in 1988, Vanco plc (FTSE: VAN) is the leading global Virtual Network
Operator. 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 Avis Europe, Virgin Retail, Ford Motor Company,
Pilkington, RMC Group 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, Finance Director
T. +44 (0) 208 6361700
E. simon.hargreaves@vanco.co.uk
Andy Brown, PR Manager
T. +44 (0) 208 6361721
E. andy.brown@vanco.co.uk
Further information on Vanco please visit our website www.vanco.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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