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Nasstar sees FY turnover around £2m

By BFN News | 07:51 AM | Tuesday 01 October, 2013


Nasstar said its turnover for the year will be about £2.0m, and that in the year to Sept. 30 the company had traded within management's expectations. It had made positive progress form bot a sales and technical infrastructure perspective. Live Hosted Desktop subscribers have risen 33% since October 2012 to over 2,400. The directors were particularly encouraged by recent contract wins and the Company's current pipeline. "We have identified during the year additional services we can provide around our core Hosted Desktop product which we expect will increase the average revenue per user and further enhance the value proposition of our cloud services." Charles Black, CEO of Nasstar, said: "We believe we have an opportunity to materially increase our recurring revenue in the new financial year as we sign up new customers and increase the provision of additional services we are now offering to help businesses which are transforming their IT by moving to our cloud service." Story provided by StockMarketWire.com

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