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ITO Intechnology

24.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intechnology LSE:ITO London Ordinary Share GB0001388932 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Re Contract

30/04/2002 8:00am

UK Regulatory


RNS Number:2609V
InTechnology PLC
30 April 2002

             InTechnology PLC Secures £6 million in New Contracts

InTechnology, the UK's leading provider of data storage solutions, is pleased to
announce that it has won a number of new contracts through its ODS (Online Data
Services) Division for VBAK and VBAK Plus its automated, secure back up and
archiving products.

The contracts, worth a total of £6 million over the next three years, are with a
number of large corporates including the Heritage Lottery Fund, Newsplayer
International Limited, Teather and Greenwood Holdings plc, Porsche (UK) and IMG
(UK).

Commenting, Peter Wilkinson, InTechnology's CEO, said:

"There is a growing realisation that the protection of company data is critical
to corporate stability and consequently more and more businesses are investing
heavily in secure data back up and retrieval.  These deals illustrate that
leading corporates recognise the high level of security and performance that the
VBAK suite of products offer."

It is expected that further contract wins will be announced in the coming
months.

For further information:

InTechnology plc                              01423 850 000
Steve Pearce, Chief Operating Officer

Beattie Financial                             020 7398 3300
Ann Marie Wilkinson
Richard Sunderland

About InTechnology plc

In the rapidly growing field of data storage, InTechnology is a technical
authority, a provider of storage solutions and now a lead player in the
important market for secure offsite data backup, protection and recovery
services. All products and services are delivered to clients through a network
of resellers, which has grown through InTechnology's success as a value added
storage distributor, founded in 1984.  This Storage Solutions and Services
division of InTechnology provides the platform of technical excellence and
facilities for the Online Data Services division. Protection of a company's data
has never been more relevant, or more important, and the Online Data Services
division offers backup and real time replication to remote and secure
InTechnology data centres.

Further information about InTechnology is available at: 
http://www.intechnology.co.uk


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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