Re Contract

Synstar PLC 4 February 2002 For Immediate Release 4 February 2002 Synstar Plc New contract with ITNET worth £18m Synstar, the pan-European business availability services provider has signed a four-year deal worth £4.5m per annum with ITNET, the IT, business process and e-services supplier. ITNET has appointed Synstar as its preferred supplier of business continuity and hardware services, to provide support for ITNET's customer sites throughout the UK. The contract supercedes a previous framework agreement and commences immediately. Synstar has worked with ITNET for the past five years, providing a range of services covering business continuity, computer services and project support. As a result of the new deal, Synstar will be supporting additional blue-chip companies that are ITNET's customers in both the public and private sectors. Chris Gollings, operational services director at ITNET comments: 'We are delighted to have agreed a further contract with Synstar. Synstar's reputation and approach to its customers has a great deal of synergy with our own - both are based very much around customer service and cost effective solutions for customers. We are confident that our partnership with Synstar will further strengthen our market proposition and result in an even better service to ITNET's customers.' Steve Vaughan, Synstar's CEO commented, 'We have worked hard over the past year to reorganise the group around winning additional new business from blue-chip customers. This proves that these efforts are working and that our customers are ready to rely upon us to keep their systems and businesses running.' For further information please contact Roger Leboff/Geoff Callow at GCI Financial Tel: 020 7072 4251 Ends This information is provided by RNS The company news service from the London Stock Exchange
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