Further Contract Gains

RNS Number : 4704M

Pentagon Protection PLC

18 September 2012

 



18 September 2012

Pentagon Protection plc

("Pentagon" or "the Group")

PENTAGON ANNOUNCE FURTHER CONTRACT GAINS

VALUED AT MORE THAN £1 MILLION

Pentagon Protection plc (AIM: PPR) announces further contract awards totalling more than £1 million.

Pentagon has been awarded a contract valued at more than £612,000 for the installation of security window film and window film attachment on three high-rise towers located in Abuja, Nigeria. This project is designed to protect these buildings from the dangers of flying glass in the event of an attack or natural disaster. 

The new contracts include both window film and security equipment. Contracts awarded to Pentagon's UK window film division include the removal and replacement of external solar control window film on the overhead glazing works for a UK government agency.  This contract, which is expected to be completed over a 16 week period, is valued at £120,000.

SDS Group Ltd, Pentagon's specialist security equipment division, has also achieved a significant contract win for the supply of an EOD response vehicle valued at £300,000. This is the first of an expected number of orders to supply these bespoke EOD response vehicles into troubled regions around the globe.  These vehicles, fitted out with select products from SDS's comprehensive range of counter terror search and detection products, provide local police, government and security forces a "turnkey" way to rapidly equip local EOD and search teams with the means to respond quickly to threats and incidents.

Pentagon's Managing Director Steve Chambers comments:

"I am happy to report these contract wins for the Group, which have been the result of the hard work put in by the entire Pentagon team over the past few months.  It's the nature of our industry that project sales cycles tend to be long and fortunately we are beginning to see the fruits of our labour.  We certainly expect these to be the first of many contract awards as we continue to work our sales pipelines. Pointedly, we are seeing an increase in global business with no pressure on gross margins across the Group, a result of Pentagon's decision to work with various commercial businesses and government agencies working in areas that are amongst the most volatile in the world."

End

Enquiries:

Pentagon Protection Plc Haytham ElZayn, Chairman	Tel: [phone]
Pentagon Protection Plc Steve Chambers, Managing Director	Tel: [phone]
Seymour Pierce Limited Jonathan Wright	Tel: [phone]
Rivington Street Jon Levinson	Tel: [phone]

Notes to Editors:

About Pentagon Protection

Pentagon Protection is a trusted provider of global security and energy saving solutions for clients around the globe.  Admitted to AIM in March 2003, Pentagon consists of three divisions focused on preventing and mitigating the terrorist and extremist threats, improving building security and energy efficiency and carbon reduction.  Visit the website at Pentagon Protection PLC or contact us at [e-mail].

About SDS Group Ltd

The SDS Group was acquired by Pentagon Protection in September 2008 to enhance the group's portfolio of security products and services.  SDS supplies training, consulting and security equipment, including highly-specialist security and search equipment, mainly to governments, police forces and security and defence forces in the UK and around the world. Visit the website at SDS Group Limited or contact them at [e-mail]

About International Glass Solutions

In 2010 Pentagon acquired, which specialises in window film installation and project management services for commercial and government buildings, retail clients and large office buildings around the world.  Based in the United States, IGS improves the group's capability and increases our exposure and reach into the North American market.  Visit the website at International Glass Solutions, LLC or contact them at [e-mail]

Steve Chambers joined Pentagon Protection Plc as Managing Director and was appointed to the main Board of Directors as of 15 November 2010.

 

END

 

 

MSCUBSNRUAAKAAR