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
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