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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Redstonecon | LSE:REDS | London | Ordinary Share | GB00BYWN0F98 | ORD SHS 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 101.25 | 100.00 | 102.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
TIDMREDS
RedstoneConnect PLC
16 January 2017
16 January 2017
RedstoneConnect plc
("RedstoneConnect" or the "Company")
Contract to deliver In-Building Cellular to a leading tech multinational
RedstoneConnect (AIM: REDS), a leading provider of technology and services for smart buildings and commercial spaces, has been awarded a multi-year contract for the design, installation and management of an In-Building Cellular ("IBC") solution at the new London headquarters of a leading global technology company specialising in internet-related services.
The IBC solution will provide high quality cellular mobile connection across any network for all staff as well as visitors to the customer's offices. This will provide excellent indoor coverage and consistent coverage with no drops-outs when moving between floors or when travelling in elevators. The multi-million pound contract will be delivered in stages with the initial installation phase due for completion in March 2017 and a subsequent roll-out over the next two years.
The solution utilises CrossFire technology, of which RedstoneConnect is the exclusive distributor, that will enable the customer to provide the same service across its additional office locations within a 70km radius, while housing the mobile network operator equipment in the original location.
Mark Braund, CEO of RedstoneConnect, commented:
"This unique solution will enable our customer to house the equipment in one location while deploying the IBC to remote locations as far as 70km away. This contract is a further clear endorsement of RedstoneConnect's ability to innovate on behalf of our clients and we are delighted to be working alongside one of the leading and best known technology businesses in the world."
Enquiries:
RedstoneConnect Plc via Vigo Communications Mark Braund (CEO) Spencer Dredge (CFO) Cantor Fitzgerald Europe (Nominated Adviser & Joint Broker) Marc Milmo/Phil Davies/Catherine +44 (0)20 7894 Leftley/Callum Butterfield 7000 Whitman Howard Limited (Joint Broker) +44 (0)207 659 Nick Lovering 1234 Vigo Communications (Financial Public Relations) Jeremy Garcia / Ben Simons / Antonia Pollock +44 (0)20 7830 reds@vigocomms.com 9700
About RedstoneConnect
RedstoneConnect is focused on technologies that make real estate more efficient and businesses more effective. Its businesses, Redstone, Connect IB and Commensus, provide the infrastructure capabilities and the software applications to deliver smart building and smart workspace solutions for commercial businesses, public sector organisations, real estate owners and managers. Visit our website at www.redstoneconnectplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
January 16, 2017 02:00 ET (07:00 GMT)
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