Contract update

MILESTONE GROUP PLC "Milestone" or the "Company" Contract update AIM quoted Milestone Group PLC (AIM:MSG), the digital solutions and technology agency, announces that, following the announcement on 28 June 2010 that it had entered into a consultancy contract with UK company, Ultra Green Oil Recovery Limited ("UGOR"), it has now entered into an agreement with UGOR to provide UGOR with the mobile applications required to co-ordinate its environmental cleanup operations in the Gulf of Mexico using the JumpStart Wireless technology. The agreement with UGOR represents the first major contract to be entered into by Milestone using the JumpStart Wireless technology following Milestone's investment in and licence agreement with JumpStart Wireless Corporation ("JumpStart") in October 2009.  Under the JumpStart licence agreement, Milestone will receive a percentage of the gross revenues pursuant to the UGOR agreement. UGOR, a British-based environmental research and development company has used its international team of scientists, logistics experts and engineers, including those approved by the US military and the US Department of Energy, to develop a potentially rapid and scalable method of clearing-up and collecting oil from the sea surface in the Gulf of Mexico following the BP Deepwater Horizon oil disaster. JumpStart Wireless uses artificial intelligence technology to meet UGOR's demanding requirements which include, co-ordinating a diverse fleet of ships and workforce, being able to rapidly adapt to changing conditions and evolving plans, together with the ability to provide real time status and data reports from the field. JumpStart provides proven enterprise mobile applications for enterprise software such as Sage, Primavera and SAP. Tony Blakey, Chairman of UGOR, commented: "With companies coming together to make the cleanup in the Gulf of Mexico a reality, finding a way to link all the teams from all over the world and throughout the USA on land and sea, was proving incredibly difficult without military standard communications.  This agreement with Milestone for the provision of JumpStart Wireless technology, will enable our logistics team via both hand held devices and satellite phones with a virtual data hub, to receive real time data and fleet positioning and GPS-positioning of oil slicks, without which we would not be able to coordinate our operations." Dr Jeffrey Bonar, CEO of JumpStart Wireless commented: "JumpStart Wireless technology was designed to meet the demanding flexibility, reliability, and coordination needs of organisations like UGOR.  We are delighted to bring the power and productivity of mobile software to UGOR's sophisticated operations.  We are pleased that our systems are being used not only for productivity and profits, but also to assist with critical environmental operations." Deborah White, said; "We are pleased to announce our first agreement using the JumpStart Wireless technology.  JumpStart's applications are ideally suited to this type of situation.  Using the artificial intelligence capabilities of this technology allows a secure custom built, agile and scalable solution to be deployed in a fraction of the time more traditional technologies would require.  We are delighted to be able to assist the team at UGOR in their efforts." For further information: Milestone Group PLC Deborah White, Chief Executive Tel: 020 7929 7826 Strand Hanson Limited Richard Tulloch / David Altberg Tel: 020 7409 3494 Hybridan LLP Claire Louise Noyce Tel: 020 7947 4350 [HUG#1429886] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Milestone Group PLC via Thomson Reuters ONE
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