Re Contract

Synstar PLC 03 March 2003 2 March 2003 Synstar Plc Synstar wins new £15m seven-year contract with AWE Synstar Plc, the pan-European IT services provider, has signed a new £14.96 million, seven-year contract with the Atomics Weapons Establishment (AWE). The contract will see AWE using four out of Synstar's five service lines; managed services, hardware maintenance, data management and networking services. AWE manages the design, manufacture and in-service support of nuclear weapon systems for the United Kingdom's defence capability. Across six AWE sites in the UK, Synstar will provide 40 technicians to oversee the provision of full infrastructure services to more than 6,500 scientific, research and technical users. The first phase of the contract begins on 1 April 2003 and will run for a period of seven years. AWE then have the option to extend the contract to a second and third service phase. The business was won in a competitive tender with ten other firms, including IBM Global, Fujitsu, EDS, HP/Compaq and Serco. Chris Locke, Head of IT Business Systems at AWE, said: 'We were determined to find a partner who was experienced in providing end-to-end services, able to demonstrate innovative approaches to our technology requirements and to do so in a cost effective manner. Following extensive competition and evaluation phases, we have chosen Synstar as that partner. Synstar CEO, Steve Vaughan, said: 'In 2001 Synstar first outlined its strategy, which included targeting larger customers with innovative multi-service offerings under long term contracts. Much like the arrangement with Westland, today's deal provides further evidence of the successful implementation of this strategy.' Ends For more information, please contact: Christine Jones Synstar Plc Tel: 01344 662744 Ed Bridges / James Melville-Ross / Juliet Clarke Financial Dynamics Tel: 020 7831 3113 About Synstar: Synstar International is a pan-European, independent provider of Business Availability services. Business Availability is a full range of integrated services and solutions in five principal areas: business continuity, data management, networking, lifecycle management and computer services. Synstar has customers in the defence, telecommunications, utilities, banking, retail, aerospace, public sector, and automotive industries. Synstar has over 3000 employees with operations across Western Europe and is quoted on the London Stock Exchange (Symbol: SYN). About the Atomic Weapons Establishment: AWE's mission is to deliver the United Kingdom's requirement for nuclear warheads and support for national security. The Company is responsible for the whole life of a warhead from concept, through development and manufacture, to decommissioning. AWE's vision is to be recognised internationally for delivering scientific, manufacturing and business excellence in strategic defence. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings