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Castleton Technology (CTP)

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Tuesday 21 August, 2018

Castleton Technology

Contract Win

RNS Number : 3414Y
Castleton Technology PLC
21 August 2018

RNS Reach

Castleton Technology PLC

("Castleton", the "Company" or the "Group")

Contract Win

Castleton Technology plc (AIM: CTP) ("Castleton"), the software and managed services provider to the public and not-for-profit sectors, is pleased to announce that it has secured a significant Managed Services contract with existing customer Circle Voluntary Housing Association ("Circle").

Castleton will provide a cloud managed desktop as a service hosted in Castleton Tier 3 datacentres complete with business continuity via Castleton's leading backup and disaster recovery service, as well as a managed service desk which will deliver support and service improvements to the Circle user base both remotely and onsite. The total contract value is £364,000 over five and a half years and complements the six hosted software products Circle already receives which were purchased in January 2018 on a 10 year contract.

Dean Dickinson, CEO of Castleton, said: "This contract is a strategic win for Castleton that further enforces our strategy of becoming the single service provider capable of delivering innovative software in the cloud with managed services. This contract also demonstrates Castleton's ability to cross-sell, which not only benefits our customers but provides further opportunities for expansion."

John Hannigan, CEO of Circle, said: "We are delighted to enter into this contract with Castleton to provide their managed service offerings.  Castleton demonstrated to us the best offering in the tender process and the best pricing. We are already using a range of their software products on a hosted basis, which gave them good insight into our business and we see the combined offering significantly improving our operational capability."



Castleton Technology plc

Dean Dickinson, Chief Executive Officer

Haywood Chapman, Chief Financial Officer

Tel. +44 (0)845 241 0220


finnCap Ltd

Jonny Franklin-Adams / Simon Hicks (Corporate Finance)

Andrew Burdis (ECM)

MXC Capital Markets LLP

Charlotte Stranner

Tel. +44 (0)20 7220 0500


Tel. +44 (0)20 7965 1849


Alma PR
Rebecca Sanders-Hewett/ Helena Bogle

Tel. +44 (0)20 8004 4219

About Castleton Technology plc

Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The Group is a 'one stop shop', providing integrated housing systems via the Cloud, working in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service.


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