New contract wins

RNS Number : 6304H

Pentagon Protection PLC

24 June 2013

 



RNS ANNOUNCEMENT

24 June 2013

Pentagon Protection plc

("Pentagon" or the "Group")

RECENT CONTRACT GAINS

VALUED AT MORE THAN £580,000

Pentagon Protection plc (AIM: PPR) is pleased to announce contract wins for the Group valued at more than £580,000.

Having previously announced the award of a major contract for the installation of glazing protection to buildings in Brussels by way of a phased programme, and having commenced works on a second building in January of this year, Pentagon has been contracted to progress the final stage of this building, with these specific works valued at more than €370,000 (£316,000).

The Group's specialist security equipment and training division, SDS Group, has also been awarded contracts valued at more than £263,000. These contracts are for the supply of specialist security X-Ray equipment including the latest innovative 3-D X-Ray technology machines from VOTI and service maintenance contracts, accessories and equipment training, including equipment training in support of and in addition to the first of many EOD (Explosive Ordnance Disposal) van sales to Nigeria, as announced in September 2012 (RNS no. 4704M).

The X-Ray equipment sales include £177,000 worth of Foxray IIe, the latest and most advanced system of its type in the world, for an overseas client and the XR3D-5 conveyor type machine from VOTI to an existing client of the Group's window film division from the banking and financial services industry.

Pentagon's Managing Director, Steve Chambers comments:

"This has been a great year for us.  Our teams have been focusing on sales fundamentals, working hard on building new business while still providing great service to our existing customers.  I am very pleased to report these contract awards, a result of the active synergies across the various divisions of the Group.

As the sales team continues to work on projects in the Group's sales pipeline, I expect additional contracts to be won in the near future."

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Enquiries:

Pentagon Protection Plc Haytham ElZayn, Chairman Steve Chambers, Managing Director	Tel: [phone]
Cantor Fitzgerald Europe (Nominated adviser) David Foreman / Catherine Leftley	Tel: [phone]
Peterhouse Capital Limited 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]

 

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