Trading Update

RNS Number : 4869U

Gresham Computing PLC

22 December 2011

 



22 December 2011

Gresham Computing plc ("Gresham" or the "Company" or the "Group")

Contract Wins

Gresham Computing plc, the specialist provider of software based solutions that enable customers to achieve real-time financial certainty in transaction and cash management, is pleased to provide the following update. 

Visibility over revenue, principally for 2012 and beyond, has been improved significantly with the following recent contract wins:

·     The Company has won £750,000 of new Real-Time Financial Solutions work, for delivery to customers in 2012; and

·     The Company has renewed and upgraded an existing Software customer in a deal worth at least £750,000 over the period 2011 to 2014.

Chris Errington, CEO Gresham Computing plc, commented:

"I am pleased with these recent contract wins.  We continue to strengthen our confirmed order book for 2012, whilst also growing our annuity revenue base."

Gresham Computing plc Chris Errington, CEO Rob Grubb, CFO	[phone]
Singer Capital Markets Ltd Shaun Dobson, Partner and Head of Corporate Finance James Maxwell, Director of Corporate Finance	[phone]

 

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