Daily Internet PLC Netplan Contract Win (3311E)

TIDMDAIP

RNS Number : 3311E

Daily Internet PLC

09 February 2015

09 February 2015

Daily Internet plc

("Daily Internet" or "the Company" or "the Group")

Netplan Contract Win

Daily Internet (AIM: DAIP), the hosting and cloud infrastructure provider, is pleased to announce that Netplan Internet Solutions Limited ("Netplan"), its wholly owned subsidiary, has entered into contracts worth approximately GBP440,000 with M P Moran & Sons Ltd.

Contract win

The contracts are with M P Moran & Sons Ltd, a leading builders' merchant, to provide a fully managed Private Cloud solution. The engagement commences immediately and comprises of an initial contract for GBP24,500 for the provision of consultancy services related to the system migration and a monthly recurring revenue contract of GBP11,540 over the 36 month minimum term of the contract.

These contracts represent the first of several projects currently being worked on to come to fruition as of a result of the Netplan partnership with Q4Ex, which the two companies were working on prior to the acquisition of Q4Ex during December 2014. This development clearly bodes well for the future of Netplan.

The Group hopes to announce further contract wins within this market vertical as its pipeline continues to expand and its sales cycle accelerates.

Arthur Duffy, Managing Director of Netplan commented:

"We are delighted that M P Moran & Sons Ltd. has engaged with Netplan to provide its fully managed cloud infrastructure solution. We believe that our offering is unrivalled in this merchant sector, due to the breadth and depth of experience and expertise that we offer across all aspects of infrastructure, communications, applications and industry knowledge, from a single provider. The 'total' solution to be implemented provides M P Moran & Sons Ltd. with the required levels of resilience, reliability and resources required to assist in its ongoing growth."

Kevin Moran, Director of M P Moran & Sons Ltd commented:

"Whilst we have substantial experience of cloud delivered services, we decided to review our current cloud solution to ensure we are receiving the full business benefits that this technology can offer. With this key objective in mind, the specialist service offered by Netplan stood head and shoulders above all the other providers. I am sure Netplan's value proposition and industry knowledge will provide the scope, flexibility and assurance that we as a company require and trust."

Chris Evans, Chief Executive commented:

"We are pleased with the momentum we are gathering, both from Netplan's key offering and with the addition of this key market vertical. Strategically, we hope to widen the scope to encompass additional vertical markets, as we firmly believe that our distinct proposition of a fully managed solution combining technical and industry expertise provides a differentiator that adds real and measureable value.

"Hosted solutions are becoming more complex and we believe enterprises will increasingly require a trusted provider that understands their business and is willing to work in partnership with them as their IT journey evolves to embrace changing technology. We are hearing that message loud and clear from both prospective and existing customers".

 
 For further information please 
  contact: 
 
  Daily Internet plc                      [phone] 
  Chris Evans, Chief Executive                      1777 
  Arthur Duffy, MD Netplan 
  Michael Edelson, Chairman 
 
  Sanlam Securities UK Limited 
  (Nominated Adviser and Joint            [phone] 
  Broker)                                           2200 
  Simon Clements / Max Bascombe 
 
  Loeb Aron & Company Limited (Joint 
  Broker)                                 [phone] 
  Dr Frank Lucas / Peter Freeman                    1128 
 
  Walbrook PR Limited 
  Paul Cornelius / Sam Allen /            [phone] 
  Helen Creswell                                    8780 
 

About Daily Internet

Daily Internet is a leading UK provider of cloud, managed and PCI Level 1 certified hosting, which helps organisations to streamline their IT requirements, reduce costs and increase performance and redundancy. This reduces both complexity and risk for customers in managing their IT infrastructure.

Daily Internet operates in two distinct divisions, Mass Market via its brands: Daily, Namehog and Evohosting. Managed/Complex Cloud Hosting via: Netplan (incorporating Q4Ex).

From its beginnings as a provider of mass market domain names and shared hosting, the Group has evolved and has a shifting focus to managed complex cloud hosting for enterprises where it is a trusted partner to its clients.

The Group has offices in Liverpool, Nottingham, Coventry and Maidenhead.

(http://investor.daily.co.uk)

Ends

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTUGUPAPUPAGAQ