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Award of £2.5m contract

RNS Number : 8834P
AdEPT Telecom plc
11 October 2011

 

AdEPT Telecom PLC (“AdEPT Telecom” or the “Company”)

Award of Contract

AdEPT Telecom is pleased to announce it has been awarded a 3 year Voice over IP (“VoIP”) migration contract with an existing customer worth an estimated revenue of £2.5 million over the life of the contract with one of the UK’s largest wholesalers. The contract covers 395 sites across 5 subsidiaries.

Ian Fishwick, Chief Executive said, “This is one of the largest VoIP contracts placed so far in the UK, and comes only a few weeks since we won one of the UK’s largest ever Session Initiation Protocol (“SIP”) contracts to migrate the traditional telephone services on to a flexible and scalable internet based telephony solution.

An initial pilot covering 90 sites is anticipated to be followed by a phased roll-out of the other 300 sites.  Our ability to provide SIP (with and without gateways) and Hosted, on a single network powered by BT, managed by a single web portal, was critical to our success.  It is clear that large customers will never simply move all of their sites to VoIP in one day.  They will conduct trials and pilots and then gradually roll-out the new technology.  This means that companies such as AdEPT who can provide both traditional calls and line rental and VoIP are ideally placed to handle a migration of this magnitude.”

For more information please contact:

AdEPT Telecom PlcRoger Wilson, ChairmanIan Fishwick, Managing Director

John Swaite, Finance Director

 

 07786 111 53501892 550 225

01892 550 243

 

Northland Capital Partners LimitedShane Gallwey  020 7796 8823

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK’s leading independent providers of voice and data telecommunications solutions.  The Company provides a complete communications portfolio of fixed line calls, line rental, mobile and data connectivity products.  AdEPT’s tailored services are used by thousands of businesses and residential customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT, Cable & Wireless and Carphone Warehouse. The Company employs 46 members of staff at its offices in Tunbridge Wells, Kent.

AdEPT Telecom is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom-investorrelations.co.uk