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    BVQ   SG1DA4000006

PROCURRI CORPORATION LIMITED

(BVQ)
  Report
Delayed Quote. Delayed Singapore Stock Exchange - 01/20 03:55:05 am
0.305 SGD   -1.61%
01/14Procurri Issues New Shares Under Performance Scheme
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01/14Procurri Grants Share Awards to CEO, Employees Under Performance Share Plan
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2021Procurri Names Group CFO
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General Announcement::Press Release

09/22/2021 | 06:52am EST

NEWS RELEASE

Procurri clinches "Sustainable IT Project of the Year" title at the inaugural CRN

Tech Impact Awards 2021

  • The "Sustainable IT Project of the Year" accolade is awarded to a reseller and/or IT services provider that has delivered ground-breaking or impactful sustainable IT projects in the last 12 to 24 months
  • Group was also highly commended for its efforts under the "Best Circular Economy Company" category for demonstrating strong sustainability credentials and evidence of innovation and best practice in their areas of specialism

Singapore, 22 September 2021 - Procurri Corporation Limited ("Procurri" or "the Group"), a leading global provider of IT solutions, announced today that the Group has been awarded the "Sustainable IT Project of the Year" award at the inaugural CRN Tech Impact Awards 2021 ("the Awards"). Based on the Awards' nomination and judging guidelines, the accolade is awarded to a reseller and/or IT services provider that has delivered the most ground-breaking or impactful sustainable IT project in the last 12 to 24 months.

The Group was also highly commended for its efforts under the "Best Circular Economy Company" category, which recognised genuine visionaries in the IT sector that demonstrated strong sustainability credentials and evidence of innovation and best practice in their areas of specialism.

Established and organised by leading technology trade publication CRN, the CRN Tech Impact Awards were curated to highlight, honour and celebrate vendors, distributors, IT resellers and Managed Services Providers ("MSP") with regard to their own environmental and social impact, and that of their technology, solutions and services.

Commenting on these positive results, Mr Sean Murphy, Procurri's Chairman and Global Chief Executive Officer said, "Our recent achievements at the CRN Tech Impact Awards are an affirmation of our green-focus and proactiveness towards operating a highly sustainable business model. Led by our corporate tagline - 'Leading the Channel Green' - our IT hardware resale, TPM services and ITAD are all about reusing and extending the lifecycle of IT equipment, reducing waste and saving the environment. On top of that, our solutions typically cost materially less than original manufacturers' new equipment. All-in-all, we believe our offering will hold increasing appeal as companies double down on efforts to preserve the environment while streamlining costs in a post-pandemic world."

The Awards, which ran a free-to-enter campaign applicable to all companies with a UK presence, culminated with the inaugural Tech Impact Awards 2021 event held on 16 September 2021. In addition to the awards ceremony, the two-hour virtual event also showcased short documentary files, live panel debates, exclusive interviews and video case studies which revolved around how the IT sector can seize opportunities around sustainability and corporate social responsibility.

29 Tai Seng Avenue #02-01, Natural Cool Lifestyle Hub Singapore 534119 | Tel +65 6468 1300 | www.procurri.com

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About Procurri Corporation

Procurri is one of the leading global independent providers of Third Party Maintenance Services, IT Asset Disposition ("ITAD") & Data Centre Services and Hardware Distribution & Resale. By offering a channel that combines the technology, finance and logistics domains, Procurri aims to be a global aggregator of enterprise services and hardware to its customers.

Incorporated in 2013, Procurri has grown rapidly through the years and now has offices across three regional hubs - Asia Pacific, Americas and the Europe (including the UK), Middle East and Africa ('EMEA") - with its global headquarters located in Singapore. Through its direct presence and global network of partners, Procurri's business covers over 100 countries worldwide, providing a single touchpoint for its customers' Lifecycle Services and Data Centre Equipment needs.

https://www.procurri.com

Issued for and on behalf of Procurri Ltd. by Financial PR

For more information, please contact:

Romil SINGH

Jonathan WEE

romil@financialpr.com.sg

jonathanwee@financialpr.com.sg

Tel: +65 6438 2990

Tel: +65 6438 2990

29 Tai Seng Avenue #02-01, Natural Cool Lifestyle Hub Singapore 534119 | Tel +65 6468 1300 | www.procurri.com

Page 2 of 2

Disclaimer

Procurri Corporation Ltd. published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 10:51:04 UTC.


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Sales 2020 233 M 173 M 173 M
Net income 2020 2,70 M 2,00 M 2,00 M
Net cash 2020 4,26 M 3,16 M 3,16 M
P/E ratio 2020 29,9x
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Capitalization 90,1 M 67,0 M 66,9 M
EV / Sales 2019 0,66x
EV / Sales 2020 0,33x
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Thomas Sean Murphy Executive Chairman & Global CEO
Yi Tian Sin Chief Financial Officer
Matthew Trial Global Chief Operating Officer
Loh Ken Ng Lead Independent Director
Quee Quee Wong Independent Non-Executive Director
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