Major Contract Extension
15 Julio 2010 - 1:01AM
UK Regulatory
TIDMMSS
RNS Number : 3671P
Managed Support Services PLC
15 July 2010
FOR IMMEDIATE RELEASE
15 July
2010
Managed Support Services plc
("MSS" or the "Group")
MAJOR CONTRACT EXTENSION
Managed Support Services plc, the technical building services provider is
pleased to announce a major three year contract extension with one of the
Group's largest planned maintenance customers, Bruntwood Limited ("Bruntwood").
MSS has been working with Bruntwood since 2007. Under the extended contract MSS
will provide a comprehensive planned preventative programme for more than 95 per
cent. of Bruntwood's managed portfolio which equates to more than 5.5 million
square feet.
Annualised planned maintenance revenues have been approximately GBP500,000,
excluding additional variable spends and refurbishment work.
MSS will also be working in partnership with Bruntwood to develop a proprietary
approach to energy management and asset life cycles.
Commenting on the contract extension, Simon Beart, Chief Executive said:
"This is a long term endorsement from one of our largest customers, covering
multi year revenues. This confirms the recent progress the Group has made in
becoming a national supplier with scale and resources.
We expect further new contract progress as the increased capabilities of the
Group are made available to our broad customer base".
FOR FURTHER INFORMATION, PLEASE CONTACT:
+--------------------------------+----------------------------------+
| Managed Support Services plc: | |
+--------------------------------+----------------------------------+
| Simon Beart, Chief | 07710 444370 |
| Executive | 01483 735703 |
| Piers Wilson, Finance | |
| Director | |
+--------------------------------+----------------------------------+
| Cenkos Securities plc: | |
+--------------------------------+----------------------------------+
| Nick Wells | 020 7397 8900 |
+--------------------------------+----------------------------------+
| Stephen Keys | |
+--------------------------------+----------------------------------+
| Buchanan Communications: | |
+--------------------------------+----------------------------------+
| Richard Darby | 020 7466 5000 |
+--------------------------------+----------------------------------+
| Nicola Cronk | |
+--------------------------------+----------------------------------+
Notes to editors
Managed Support Services plc is one of the UK's leading suppliers of compliance
and technical building services. The Company provides compliance services,
fabric and building maintenance, and ongoing servicing of commercial properties.
MSS operates in a range of diverse markets with clients managing commercial
property, hotels and retail buildings. Further information is obtainable from
www.mssplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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