NXS Nexus Man

 
TIDMNXS 
 
23 October 2009 
 
                             NEXUS MANAGEMENT PLC 
 
                     ('Nexus Management' or the "Company") 
 
     Co-operation Agreement, Issue of Equity and Resilience Trading Update 
 
Co-operation Agreement 
 
The Company is pleased to announce that Resilience Technology Corporation 
("RTC"), its wholly owned subsidiary, has entered into a co-operation agreement 
with VPEP Technology Corporation ("VPEP"), the previous owner of RTC and a 
provider of resource virtualisation and optimisation software. 
 
The terms of the agreement will provide that RTC and VPEP co-operate in 
delivering new virtualisation security appliances, utilising VPEP technology on 
RTC hardware to provide robust appliances. 
 
In conjunction with this agreement, RTC and VPEP will collaborate on product 
launches - the first of which being "VPEP for Squid Proxy Server", a device to 
optimise web delivery and "VPEP for Snort Intrusion Detection", a network 
intrusion detection and prevention system. RTC has been selected as the primary 
reseller for these two product launches. 
 
To date, RPC and VPEP have been co-operating, on an informal basis, to create 
Websense Web Security appliances, which combine VPEP's high-performance secure 
operating environment with RTC's range of highly reliable network security 
appliances. 
 
Paul White, CEO of VPEP, said: "We are expecting the co-operation agreement 
with RTC to produce a significant distribution channel for our products during 
the coming twelve months." 
 
Sean Scott, CEO of RTC, commented: "RTC and VPEP have recently completed a 
joint training programme involving the implementation team of one of the 
world's largest MSSP (Managed Security Service Provider) and ISP. I believe 
this will lead to immediate growth opportunities for both companies." 
 
Issue of Equity 
 
The Company announces that it has today issued 1,875,984 new ordinary shares at 
a price of 0.837p per share to satisfy approximately GBP16,000 of the debt owed 
to the vendors of RTC. 
 
The shares are being issued as part of the re-negotiated convertible loan note 
terms which were announced in May 2009. On the instructions of the RTC vendors 
these shares will be issued directly to VPEP to discharge their corresponding 
liability to VPEP. 
 
In addition, it has also issued 6,482,863 new ordinary shares at the same price 
to staff members of which 3,192,569 shares have been issued in lieu of payments 
due to certain of those employees. The net proceeds of the issue, which amount 
to approximately GBP28,000, will be used for general working capital. 
 
Application has been made for the 8,358,847 new ordinary shares to be admitted 
to trading on AIM. Admission of the shares is expected to become effective and 
dealings are expected to commence on AIM on 29 October 2009. Following the 
issue of these shares, the Company will have 988,463,878 ordinary shares in 
issue 
 
Resilience Trading Update 
 
The Company is pleased to announce that one of the orders, which was delayed in 
September 2009, has now been shipped. 
 
Enquiries: 
 
Nexus Management Plc Tel: 01862 812 107 
 
Roger Richardson, Chief Executive 
 
Merchant John East Securities (Nomad) Tel: 020 7628 2200 
 
Simon Clements 
 
David Worlidge 
 
Rivington Street Corporate Finance (Broker) Tel: 020 7562 3351 
 
Dru Edmonstone 
 
Bishopsgate Communications Ltd Tel: 020 7562 3350 
 
Robyn Samuelson 
 
Siobhra Murphy 
 
nexus@bishopsgatecommunications.com 
 
Notes to Editors: 
 
About VPEP 
 
VPEP provides resource optimization technology that enables the dense 
consolidation of multiple application instances and tenants onto a single 
low-cost, multi-core platform, with only one copy of the operating system and 
application - while delivering equal or better application performance. VPEP 
uniquely facilitates the reduction of both software-related costs, including 
deployment and administration expense, as well as hardware-related costs. A 
"fast-to-market" solution, VPEP can quickly boost the performance of production 
applications and eliminate scalability limitations through its patent-pending 
resource optimization technology. It can be adapted for use with an application 
within days, and does not require modification of the application or the data 
center architecture. VPEP enables DenseIT. Fast. VPEP is a privately held, 
venture-backed company with corporate headquarters in Mountain View, 
California. For further information, please visit www.VPEPtech.com 
 
About Nexus Management plc 
 
Nexus Management is a growing specialist IT Managed Services Provider. Nexus 
has two key markets: the UK and the US, where it can offer its customers 24 
hour support. Nexus specialises in Remote Server Management, Disaster Recovery, 
Data Storage, Help-Desk, Desktop Support and Wide Area Network Management and 
Monitoring - providing Enterprise caliber technical support. 
 
Nexus is quoted on AIM, a market of the London Stock Exchange. For further 
information on the Company, please visit www.nexusmgmt.com 
 
 
 
END 
 

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